I like what you say here. Think about one thing though. Do we really need to lose a lot of money before we can figure out how to make money trading? This was one of my massive regrets in my trading career. I wish I would have demo traded strictly ...

Is Forex trading worth it? If so, why?

This is great guys! I didn't think this topic would get much attention because it seems most try and hide from the truths of forex trading. I wish I would have started thinking about these kinds of things back 5 years ago. If I did, I might have ...

Is Forex trading worth it? If so, why?

That is a good quote although I don't agree with it fully. Every trader has to start somewhere. Otherwise how will they learn how to even trade? Not everyone has the benefit of hiring a trainer. Even then the trainer could be giving poor advice. ...

Is Forex trading worth it? If so, why?

I love this.... "My wife still looks at this as an alien language and when she asks me "how the market was today?" she can never pay attention long enough for me to completely answer, lol." This is exactly how it is with me. My wife told me she ...

Is Forex trading worth it? If so, why?

Well said here. Thanks for post. Honistly it's hard to know who is actually a pro. What does the word pro even mean in the trading world?

Is Forex trading worth it? If so, why?

Agreed

Is Forex trading worth it? If so, why?

I love this! So true. I tried to sell one of my profitable EA's back about 2 years ago. I don't sell anymore as I have no need. I stated 5% monthly profit in the ad. I had a hard time making a sale because MOST traders thought 5% was not worth the ...

Is Forex trading worth it? If so, why?

Well, without getting in to everything, the short answer is... I stopped buying forex systems. I stopped downloading every system and indicator I could find on FF and pretty much everywhere else. Eventually, I realized I needed to come up with my ...

Is Forex trading worth it? If so, why?

Thanks for the Great insightful post. Nice to see some real comments on FF. I sometimes feel there should be "Forex Anonymous" to help us traders.

Is Forex trading worth it? If so, why?

I don't understand why it's not possible to profit in any market... even if it is random.

Forex Dream Chasers - The 90% rule of randomness

completely agree!

Forex Dream Chasers - The 90% rule of randomness

GobigFX, I suggest you go to myfxbook and look at their autotrade service. There you will see many accounts that have traded successfully for many many years. You will also see that many can make it in trading. Even us little guys. Here's one ...

Forex Dream Chasers - The 90% rule of randomness

This thread caught my eye. I'm always looking for traders with a realistic view on how the market works. I do agree that the market is mostly random. There is no 1 right way to trade the forex. I do feel the biggest reason most traders lose is not ...

Forex Dream Chasers - The 90% rule of randomness

Yeah, I've always tried shooting for a consistent 10% a month but I didn't realize how hard it would be. I just kept cutting my expected profit down and down till I could make just 1% per month safely. Took me years to even do that. You guys are ...

Why 2-8% a Month Should Be Enough For All Traders

Someone in an earlier post said...." In answer to your question 3-5% anything less then you should just be investing, not trading." What do you think of this? Do you think he's right? I didn't know there was a difference between a trader and an ...

Why 2-8% a Month Should Be Enough For All Traders

Wow! What a response! Haha. Thanks for the comment. I wanted to try to start a thread that was realistic but strangely enough it doesn't seem to be what most traders are looking for as the interest with the thread has not been big. Maybe it's ...

Why 2-8% a Month Should Be Enough For All Traders

I originally looked for a good price action method to do my strategy as I thought it would be more reliable. I'm still trying to find it but I'm now definitely less urgent as I think I found what I was looking for. Your system idea looks great! ...

Why 2-8% a Month Should Be Enough For All Traders

Alright everyone. I just checked our poll results. We have 36 votes so far and and the 10% option got the most votes! Because 10% was the most popular option I'm going to be adding a demo account to my trade explorer. This demo account will be using ...

Why 2-8% a Month Should Be Enough For All Traders

Thanks for the post. Good info there. So what is your system based on? You mentioned it was looking for more profit then mine.

Why 2-8% a Month Should Be Enough For All Traders