mercuresfrez
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I've been studying the foreign exchange market hours each day for over a year. I've also read piles of books on technical trading strategies, economic indicators, market timing, psychological discipline, stocks, bonds, futures, options, etc. I practice trading forex on a demo account as well as on a real mini-lot account. No matter what I try, my results are always slightly worse than 50/50. I'm seriously beginning to think that NOBODY trading forex makes any money in the long run. I don't just say this because I suck, but because I think it is statistically impossible to win at a game of random incremental price movements after paying a spread. I've sometimes made up to $20,000 on my demo platform, but I always eventually lose more than I gained--which is exactly how I would expect to perform at a completely random game after paying a fee each time I play. Don't get me wrong when I call it a game: I take trading very seriously.
Does anyone consistently make a profit trading forex? Please don't answer this question in the affirmative unless you yourself make consistent profits.
Cheers,
Kakuzo
Does anyone consistently make a profit trading forex? Please don't answer this question in the affirmative unless you yourself make consistent profits.
Cheers,
Kakuzo