Is it Possible to Make Money in Forex Market - Page 4
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Thread: Is it Possible to Make Money in Forex Market

  1. #31
    Quote Originally Posted by ;
    quote Regrettably this is another fallacy.
    Exactly.

    That's PART of the gambler's fallacy applied to FOREX Scheme. Only someone not smart enough may believe this way, and is the reason why 99.6% of individuals eliminate money in this egy.

    Http://en.wikipedia.org/wiki/Gambler's_fallacy

    Nothing else to include. For today.

  2. #32
    Of course it is possible. Look at prop companies for example, they simply profit what their traders can make from the markets. That's it.

    Is it an perfect environment to develop into a great trader? Yep. However, the point is that an edge is possible. It's definitely not easy however.

  3. #33
    Quote Originally Posted by ;
    Of course it's possible. Look at prop companies for example, they simply profit what their traders may make from the markets. That's it. Is it an ideal environment to develop into a trader? Yep. However, the point is that an edge is possible. It is definitely not easy however.
    Prop companies just have more money to shed over time. They do not do any better than individuals (trader at home type). They do last longer (sometime) because they have access to OPM and if they're smart they can milk it for all it's worth.

  4. #34
    Quote Originally Posted by ;
    Is it Feasible to Make Money in Forex Market Short term: Yes Long term: No
    Need to agree with you on this one.

  5. #35
    To make money in forex is not easy. We are in need of a lot of great trading skills. With great skills will let us enhance trading success. To enhance the skills then we need a demo account or to participate in the competition demo

  6. #36
    The answer is no.
    A real job will make you money in the long run than any venture from the FX
    Long term, the survival rate for everyone in the market drops to zero (in comparison to holding a real job)

  7. #37
    Quote Originally Posted by ;
    The short answer is no. A true job will make you more money in the long run than any venture in the forex Long term, the survival rate for everybody on the market falls to zero (in comparison to holding an actual job)
    that's not true.

  8. #38
    Quote Originally Posted by ;
    quote This is not true.
    Ok. I'll bite. Please explain.
    Thanks

  9. #39
    Quote Originally Posted by ;
    The short answer is no. A real job will make you money in the long term than any venture in the Foreign Exchange Long term, the survival rate for everybody on the market drops to zero (compared to holding a real job)
    Ok, so you get a real job. But what that signifies is you are working for somebody else, and while you get paid for your own work your employer takes the risk that his company will go out of business. In essence you are devoting your risk to somebody else since you're incapable of managing yourself.

  10. #40
    Quote Originally Posted by ;
    quote Ok. I'll bite. Please explain. Thanks
    you're stating:

    Quote Originally Posted by ;
    Long term, the survival rate for everyone on the market drops to zero (compared to holding an actual job)
    1. For everyone is not correct. Just grab any commerce explorer in the leaderboards of each month and there are live accounts with large profits and acquire rates well over 50% for months and weeks. If someone can keep a win rate like that to get a year that he can do that for much longer.

    2. Actual job. Is a job.

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