Disliked{quote} "a successful trader is only successful up to the current time and not more (next month the account loses 50% ... is trader still successful" There will always be a next month that will wipe out the account..Ignored
Are there any successful technical traders? 19 replies
Are there actually any profitable traders on Forex Factory? 6 replies
Are there any famous and successful news traders? 2 replies
Are there any long term successful Forex investors 21 replies
Disliked{quote} "a successful trader is only successful up to the current time and not more (next month the account loses 50% ... is trader still successful" There will always be a next month that will wipe out the account..Ignored
DislikedOften the 95% losers and 5 % winner statistics is thrown out for the retail trading community . Instead of debating about why and how etc .. This thread is a call to all Successful traders in forex factory , to share their winning philosophy and learnings and systems if they want to share .. Just for the sake of thread , let us define success as " being in profit ( could be 1% also) net after atleast two years of Trading". So how many such traders have we got in forex factory .. I am not in that category .. so the quest continues ...Ignored
Disliked{quote} Mingary think about what you said this applies to any business, its not always making a profit every second. But at the end of the month the small losses are not as big as the profit. A correctly run business will make money.Ignored
Disliked{quote} The 5% you mention dont waste their time here. So... zero.Ignored
DislikedProfitable traders are very rare in fact for several reasons. First, many traders are banal and do not know how to analyze the market and distinguish between real entry points and false signals. Secondly, I can say that many traders are guided by passion when trading and want to get as much profit as possible with minimum investment and real work. And this, too, never leads to a happy ending. On the other hand, there are good luck and bad luck in any business area, but why the statistics on such moments are for some reason exclusively in trading....Ignored
Disliked{quote} So I guess you have it all figured out. Maybe the Forex market is rigged in favor of the brokers. Before you begin to doubt that possibility, think about US citizens who are bound by unfair trading regulations such as no hedging and FIFO rules. These rules make it very easy for brokers to take advantage of average retail traders and very difficult for average retail traders to make a living from the Forex market. From what I understand, unfair...Ignored
Disliked{quote} I've done that. It helps some, but you are still limited because of FIFO rules.Ignored