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Thread: Trading forex profitable is impossible!

  1. #11
    Fantastic Article, Chris. One of the best I've read on this forum. Thank you for this contribution.

  2. #12

  3. #13
    Quote Originally Posted by ;
    -yawn-
    Hello Tdion,

    Perhaps you found Chris's post dull (for some of us it is things that we know or have heard before), but his article is something which adds value to this thread (something you have not done, but that I really wish you would hope to perform). Since his very last article I went and read his other two previous messages, and he only communies things which might be possibly enlightening and beneficial to the members of the forum. We would do well to follow his example.

    If I misinterpreted your comment, Tdion, I apologize.

  4. #14
    To Maarten999:
    I had the same query and fruion when started 4 years ago. The answer to your query is within your query. If 95% drop and 5 percent win then why don't you research what those 5 percent do and the way they think. That opened my mind and helped me to make money consistently. Additionally, many who I know make money consistently in the Forex, first had to obtain the answer to this query before the were able to make money. Itself is misled by Public and lose. Sitting in front of the pc alone in your house there is something which makes you a part of this herd. In the event that you had the open mind you'd already discover the solution.

  5. #15
    Fantastic luck on your trip.... I have traveled long and far on mine....

    My only advice: watch that you hear.

  6. #16
    Quote Originally Posted by ;
    good luck on your trip.... I've traveled long and far on mine....

    My only advice: watch who you hear.
    Hi Tidion,

    I wish you luck as well. I've been at this game longer than youpersonally, and my advice is watch WHAT you hear. The message is more important than the messenger.

    I understand that a place like this is full of bad advice from individuals that have nothing of worth to share, but every trader can consider that information against their own expertise and research to see if it useful to them. In the end we're accountable for own decisions and activities.

  7. #17
    Quote Originally Posted by ;
    good luck on your trip.... I've traveled long and far on mine....

    My only advice: watch who you listen to.
    Good advice; although perhaps not quite beneficial in case you can not tell who to trust. I would not suggest listening to anyone on here. If you would like information about brokers or programming, then fine but if you would like to loe and edge, Do Your Own Research.

    By the way, my research indies that the FX market is fractal which suggests that short timeframes and lengthy timeframes are roughly equally predictable with intraday being a bit more predictable due to the daily quantity cycle. However, as I said, don't take my word for this DYOR.

  8. #18
    Quote Originally Posted by ;
    Some of the best traders (W.D Gann) took 10 years to master his craft, and he did it w/o the use of computers. You should expect to spend a lot of time mastering this.

    Everyone can trade profitably, you just have to immerse yourself into the world of trading....read, read , read, newspaper trade/demo trade until your profitable for 1 year. THEN, start with a small account. If you blow out your account, repeat the demo trading till you recognize why you pulled out, then begin again.


    One other thing, keep your expectations reasonable. Forget buying at the intense low/selling at the top. It is not required for profitable trading. Money Management is the secret.
    --Gann died broke--

    Thankyou for taking the time to watch this news bullitin.

    Leon

  9. #19
    Great video, I liked it a lot. Thank you for sharing
    And sorry for my english.

  10. #20
    On the long term, risk management is most likely the sole key to retaining profit or minimizing reduction.

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