Virtually impossible to make money from forex

Discussion in 'General Forex Discussion' started by new digital, May 18, 2019.

  1. new digital

    new digital Master Trader

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  2. 37riched

    37riched Trader

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    I am saying this all the time that it was much easier to make money in the past. Now it's total gamble, I am more and more thinking about to stop it all together really. You simply can't get anything to be done here. All that small tests eating all the profits.
     
  3. new digital

    new digital Master Trader

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    If you look at long term forex charts , this behavior of low volatility occurs every few years, and all traders lose money.They can't handle losses emotionally.

    This behavior also occurs frequently on short term forex charts .



    Retail Brokers and Trading Educators make videos like these below

    People like these videomaker don't trade for this reason, they sell education.



     
    Last edited: May 19, 2019
  4. new digital

    new digital Master Trader

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    The truth is most forex traders are wasting their time.

    see results no money in 4 months DetailedStatement.gif
     

    Attached Files:

  5. momo3HC

    momo3HC Active Trader

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    There`s nothing impossible. it`s all about fitting yourself with the actual conditions.
     
  6. new digital

    new digital Master Trader

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    That is why motivators can make money, when it is impossible they act as motivators, educators etc.

    Those who can, do, those who can't teach, motivate and sell education.
     
  7. new digital

    new digital Master Trader

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  8. new digital

    new digital Master Trader

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    Look 6 months on EA results

    StrategyTester.gif
     

    Attached Files:

  9. momo3HC

    momo3HC Active Trader

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  10. new digital

    new digital Master Trader

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    DetailedStatement.gif
     

    Attached Files:

  11. new digital

    new digital Master Trader

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  12. momo3HC

    momo3HC Active Trader

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  13. new digital

    new digital Master Trader

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    If traders make any profit , most upto 99% will lose it to brokers.

     
  14. Tighex

    Tighex Trader

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    If you want make money on Forex you need to be trained
     
  15. new digital

    new digital Master Trader

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    buy courses and education from those failed at trading.They failed and sell education
     
  16. Helloyees

    Helloyees Trader

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    Please explain this last video or last statement in a few words here please. You mean by that and all by that is above that broker always wins or something. Something like gambling ? That's why I try to concentrate only on something like stocks, there are money.
     
  17. Morlon

    Morlon Trader

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    That's sound's really good
     
  18. momo3HC

    momo3HC Active Trader

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    Seriously? o_O
     
  19. Dictorsto

    Dictorsto Trader

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    Stocks are equally risky as forex trading. It is only a question of preferences and knowledge of one trader. Certainly, if you enter both markets without previous preparation, learning and good strategy, it would be equal to gamblingStocks are equally risky as forex trading. It is only a question of preferences and knowledge of one trader. Certainly, if you enter both markets without previous preparation, learning and good strategy, it would be equal to gambling
     
  20. Adam Jackson

    Adam Jackson Trader

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    In the last few decades forex has been a great source of income for those who are willing to earn money from digital spaces. But when traders are becoming confused regarding the potentiality of forex market as earning platform they can feel thrilled, sometimes anxieties regarding the income earning facilities. Even sometimes, traders can get confused in the midst of all trading prospective regarding which one are good trades and which are not.
     

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