A friend of mine who is billionaire and member of CFR, trade this way, I was looking is there shortterm strategy like day trading, to compare invest/reward ratio with his account is it more profitable to go short term and answer it is bullshit. He ...

Real reason why 99% lose - daytrading

By real profitable trader I mean billionaire with profit over 300 million dollars a year, not less and that is how they trade, nothing personal.

Real reason why 99% lose - daytrading

Point is this is stockchart where daytrader lost 7000$, brick size is 10$ image .

Real reason why 99% lose - daytrading

Point is real profitable traders use monthly chart and weekly for entry and ignore 3rd and 4th digit. for example price is moving from 1.23 to 1.25 over 20 days Ill invest. If it drops 1 cent it is nothing to long term, but for daytraders it is end ...

Real reason why 99% lose - daytrading

Point is daytrading is unprofitable and impossible, longterm trading over weeks/months is profitable and history support it.

Real reason why 99% lose - daytrading

Sorry for disturbing, I am stupid and outdated, there is 100% losers over 20 years period only 0.0004% are profitable, I we seen accounts going good for 3 years then fail, no account which is profitable daytrader over long term 10 years. Can you ...

Real reason why 99% lose - daytrading

On account loss is equal to profit without using stop loss and take profit on ecn broker (102$ profit 50% of trades and 100$ loss 50% of trades) buy only in case when remove spread/commision but spread adds to losses and substract to winners making ...

forex why traders lose

This is forex broker 12 month period every trade. Edge is for broker as mathematics said more lose trades then winning trades. In forbes billionaire list there is no casino winners just casino owners and bookie owners mathematic edge works for them. ...

forex why traders lose

Gold will go up until resistance and there will be more sell orders then buy orders at least 200 pips for confirmation and enter and will last until next resistance, probably 20 days.

forex why traders lose

image In gold chart price moved up from 1204.53 to 1290.10 ot 876 pips up in 24 days. means more buy orders then sell order for long term success to overcome spread.

forex why traders lose

first: understand you cannot predict trend

What helped you the most to be profitable?

agree with op. take any system take trend and you will close on loss. maby one day is good but folowing trend will lose your bank in 3 days. it shows that many traders close on loss. try for instance to take any system and place opposite and close ...

Is anyone here earning a living, just with forex trading?

Every trend/indicator follower on forum is bilionare treader (just follow indicators, trends and you will make million crazy people believe 99% losers are not fact) You can make money only if you get higher timeframe (to avoid spread) and dont want ...

Can you get rich quickly from forex trading?

It you install spread of 2.70% on roulette table 99% will lose money over time. You install 10% spread in bookie shop and 99% will lose money. 1min chart eur usd moves 5 to 7 pips up and down . After 20 trades on one pair you need 21 pips profit to ...

Does anyone make money out of Forex Trading?

Put what ever indicator you want on 1D chart on every pair and trade it same like you trade lower timeframes. Place your trades with stop loss 100 pips at the end of US session when bar is nearly finished and turn off your computer. Check tomorrow ...

Does anyone make money out of Forex Trading?

Been doing analysis of my trades past 3 months. Checking every 100 pips on chart and trading 4h, 1d and 1w chart set it and leave it total profit demo from 10.000 to 400.000. Trading all systems from this forum and everything below 4h chart total ...

The Big secret to trading success

Only analogy I got for forex is driving car blindfolded in crazy roud and paying penalties when goes wrong. if road was 45 degre down for 50m then goes up for 200m 35 degree then goes down 30m 20 degree now put blindfold and drive. I dont know any ...

Trading forex profitable is impossible!

I am beginer in trading currencies. So far I find out that main reason for loss is high trading volume of brokers levereage money (recomended is 0.01 lot per 100 dollars in bank so you never lose margin). the second reason is bad enter/timing in ...

Reasons for being a loser master