I think you see more accounts being blown up in Forex due to the low cost of entry. Yes you can trade low cost stocks, indices, other equity instruments as well but not with the leverage that you can use in Forex and I think that is what makes Forex ...

95% traders go broke, only 5% survive

I'm sure we will also see that fictitious 99.6% number as well....Can't wait

95% traders go broke, only 5% survive

Ace as far as Trade Explorers go I use FXCM and last I checked you cannot create a trade explorer with them. And I DO have myfxbooks and in the past have posted screenshots (and yes was startled that most thought they were fake, a demo, or ...

95% traders go broke, only 5% survive

David, it's a nice breath of fresh air to see a level headed point of view who truly "gets it". I haven't been on this forum as long as you but have read several of your posts in other threads and have always thought your posts were nicely worded. ...

95% traders go broke, only 5% survive

Work your ASS off for 20-25 Years, invest wisely and often, and live within your means......Then learn how to trade a Demo and when you figure out how to make money consistently, open up a live account with at least $25,000 if you are serious about ...

Where to Acquire Funds?

Ace you are warped if you think one has to take a bet or provide highly personal details to validate themselves as a profitable trader! Show me ANY profitable trader that is willing to show verifiable proof on an internet forum. And just what ...

95% traders go broke, only 5% survive

Ace, I'm up over $46K this year and don't give 2 shits if anyone believes me or not. However, I will NEVER engage in any Financial Endeavor or "Bet" with ANYONE from an internet forum especially a low life negative like MapleLeaf. I don't need to ...

95% traders go broke, only 5% survive

I've actually been approached by a few traders with fairly large bankrolls and asked if I wanted a managed account scenario but that's the LAST thing I'd ever do. I spend 25 years in the Corporate World having to answer to asshole bosses and play ...

95% traders go broke, only 5% survive

He doesn't have it. He lost it all from a $99 Guaranteed EA he bought!

95% traders go broke, only 5% survive

MapleLeaf, I was letting you know that 5 weeks into the year I had already attained your annual $24K number so there was no specific claim per se per period so please don't call me a liar. I'm over $46K YTD Profit as of the end of last week and had ...

95% traders go broke, only 5% survive

I also though about taking his bet as I would crush him in just a few short months however I would lay caution to entering into a financial endeavor with anyone on an internet forum let alone someone who has shown their true character time after ...

95% traders go broke, only 5% survive

While he repeats his 99.6 mantra day in and day out a good number of us are making very good money in Forex!

95% traders go broke, only 5% survive

Thanks Rap, however I think I'll stick with my strategy that has been working very successfully. Had my best week ever this week - $10K Plus thanks to some great volatility in the Yen crosses. I am interested in what you are doing and will follow on ...

Trading Without a StopLoss

Great Post Rap! We exchanged a few posts earlier in the forum and I am doing a bit of what you are doing in terms of cross correlation hedging and have experienced great success without using a Stop Loss in most cases, although I don't trade nearly ...

Trading Without a StopLoss

Same here! NDD Active Trader account with dedicated Account Manager and great service with FXCM. Until that changes I'll stay with them

Safest broker to trade a million dollars with

This is one of the best posts I have ever seen here! I couldn't agree more. When I made the decision to trade full time and quit my job 15 months ago I knew that I had to run this as a business. So I created an LLC (taxed as an S-Corp) to ...

95% traders go broke, only 5% survive

Nence, I left my Full Time job almost 2 years ago and have been trading a Live account profitably going on 15 months now. Financially I am doing much better then when I worked for the "Man" and have the Freedom to do as I please and travel as I ...

I have a profitable trading strategy. Should I quit my job?

The good thing about having a large account is that you can do some things from a money management point of view that you might be constrained with from having a smaller account in terms of using less leverage and margin. I'm trading an account ...

$150,000 initial capital - any good strategies?

Mingary, believe it or not I have already surpassed his $24K Annual "Challenge" through these first 2 months. I honestly have no desire to enter into a financial endeavor with some stranger in a Forum......I guess because I won't most won't believe ...

Who has become rich trading forex?