I think the major problem in speculation is impatience. It's easy to find why because most people that start speculating have the same personality profile. Willingness to take comparatively bigger risks than other ways of build wealth in chase of ...

Giving up?

Hear me and hear me well. Money cannot be made consistently from the market. If you don't want to listen keep dreaming. There are times where money can be made and there are times you need to survive and not loose money.

1% to 3% Per Day? All things are Possible

The thing people Don't understand is that doing this is hard even for the successful traders. Most people have the mentality that their lives are gonna become easier when they learn how to trade. Nothing can be far from the truth. This is hard to ...

Giving up?

I m long, think the rest of the week will be bullish.

EURUSD only

Yeah I think it's too big. Catching 100pips on average sounds a bit more realistic. Which is one percent a month, annualized you have 30%. Which is doable with drawdowns not more than 2% if you have the necessary skill. I think for the work involved ...

How to double the account with no leverage?

For me the market is just a random ball jumping up and down and in every direction. Technical analysis or fundamental analysis fail to predict the market with any consistency. The only way to make money in this game is through risk control. Make ...

EURUSD only

Yeah that's why I believe entry point is key to having high returns with low drawdowns. You have to find a low risk entry point.

Win in Trend and Win in Range

The market is not and connot be manipulated. You might as well be part of the ignorant majority. You lose cause you aren't good enough full stop.Get better or go to another industry.

The only thread you will ever need: FX Exposed!

The question is frankly irritating. This is not a video game, it's the real world. It's competitive, it's mean, It's hard. You know how hard you have to work to get a 100% return.pfff

double the account every day...

I think exits are equally as important as entry. A system with good exit without good entry will really struggle to make money. A system with good entry and not good exit will also struggle. You need both. To answer the thread's question, the only ...

Win in Trend and Win in Range

I think your real question is how can I have high returns with low volatility? The answer is that it's impossible, you just need to find a balance between volatility where you are comfortable. But if you want to be among the best in the world, you ...

How to double the account with no leverage?

That's how you know they don't have an edge.

I have the secret ingredients but won't tell you

It's called business secrets. Nobody will hand you a trading system that works off course for very practical reasons. The more people use it the edge turns to erase itself.

I have the secret ingredients but won't tell you

What I meant was how can you make money betting 1-2 percent per trade with a small account. I think you need to be a little bit more agresssive. And willing to take big drawdowns, as much as 50-60% but it should be money you can afford to loose.

how to accept losing?

1. Don' t follow the trend. 2. Always act as a contrarian. 3. Buy weakness(cheap) and sell strengh(dear). That's all you need to know. It's contrary to what most people here will agree but that' what I have found that works. It's quite simple, if ...

(binned per thread starter’s request) Whats really needed to make

How will you make big money unless you are willing to take losses that hurts.

how to accept losing?

I agree with what you guys are saying. I feel I can add something. I think you can' t be a consistent winner being right 50% or more. Those strategies are profitable and have merit but they are often harder to trade. From my observation they are ...

how to accept losing?

The desire for constant action irrespective of underlying conditions is the cause of many losses among speculators. Basically everything works some of the time, you cannot make money consistently with a strategy trading in all market conditions. If ...

Can YOU make money as a professional trader - Redux

A good start is to stop overtrading. That is the biggest cause of loss in my point of view. You need to be able to sit on your hands At least 50% of the time.

Any Successful Forex Traders

My honest guess is that really successful traders are very very rare to find. This is the math; - 10 000 people have tried their hands at active management. - 9000 have given up within the first 1 or 2 years, some joined the passive investment ...

Any Successful Forex Traders