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Old 10-09-2005, 12:49   #1
throw
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Is anyone making money trading forex?

I keep reading post after post of people trying to making a living trading the forex and a lot of people offer advice on where to go, what to do, who to ask but NO ONE is stepping up and saying yes I trade or leverage X amount of money per day or per trade and over a week or month my average gain is X amount. Or I have been trading for two years and I am even, I am not making any money. PLEASE, us new guys need to hear some success or failure stories of how you started, what you have learned and how much money you are making/losing per day, week or month. ARE YOU OUT THERE?!!!!!
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Old 10-09-2005, 17:38   #2
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Re: Is anyone making money trading forex?

first of all news guys almost never make money its take a while to learn...dont feel left out
also its personal asking about ones equity so we are here to learn tips about trading and stuff not to flex muscles on HOW much someone is making, thats personal.
Even if someone told you the nitty details it does not mean you will do the same ...trading is differnt for every person.
if someone said they had a bad day on the market that basically means they lost money, its a win and lose game.
dont be driven by others wins and losses (causes too much emotional roller coaster not a good thing in trading) just know people are making money
study and trade trade trade
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Old 10-09-2005, 18:26   #3
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Re: Is anyone making money trading forex?

I know... to make this anonymous, could we put up a poll with how much has been made today by who ever takes part in the survey (obvioulsy we can't see who takes part so this allows the BIGGER BALLS syndrome to stay out)? We could put avg. figures made for the day and then we could click on the one closest to our earning for the day and then new traders would know how much is being made roughly... what you think?
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Old 10-09-2005, 20:16   #4
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Re: Is anyone making money trading forex?

Quote:
Originally Posted by SeanB
I know... to make this anonymous, could we put up a poll with how much has been made today by who ever takes part in the survey

I think the poll was put up once before.
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Old 10-09-2005, 20:20   #5
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Re: Is anyone making money trading forex?

http://www.moneytec.com/forums/showt...highlight=poll

http://www.moneytec.com/forums/showt...highlight=poll

http://www.moneytec.com/forums/showt...highlight=poll
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Old 10-09-2005, 20:24   #6
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Re: Is anyone making money trading forex?

Thanks for the replies, and a poll would be great for the monitor of the site to establish. But still NO ONE is stepping forward and telling us Newbies if they are doing well or not, with examples. For any newbie wanting to get involved there needs to be a carrot at the end of the stick, a reason for doing it. When anyone takes on a new job or hobby there needs to be motivation, usually it is success and in this case that success is measured by dollars. So again I ask, PLEASE if you have been trading a short time or long time give us a reason to spend the next 1-3 years of our lives learning this hopefully rewarding skill. Is anyone out there making $10k, $50k, $100k per month trading the forex. There are hundreds of us out here that want to here from you....
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Old 10-09-2005, 20:38   #7
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Re: Is anyone making money trading forex?

Try self motivation.

And if you look at the statistics, 85%-90% of the traders are losing money in this game. Those are overwhelming odds. Now, do you believe you can be that 10%-15% who are profitable, and probably 1%-2% who are extremely profitable? That all comes down to you.

And also, a lot of times, it depends on your original stake. The bigger the stake, the less % return you will need to make a good living. Also, you can cherry pick your trades on much longer time frames with more money to ride the trades. You know what I mean.

Last edited by J327 : 10-09-2005 at 20:47.
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Old 11-09-2005, 13:00   #8
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Re: Is anyone making money trading forex?

If u cannot accept failures, better don't try trading in your life, u will be very disappointed
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