Day trading is losers game

Quote from ssss:

cornixforex wrote ...




So 1% is well profitable when trading?

Depend from time ...

IF after one year 3-5 % of account profitable by retail forex ,than
after 3 years would lower ....


after 5 years -decrease more as after one
after 10 -more decerease as after 5
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Sounds fair to me. Trading is a very scalable profession, so there MUST be very low % of consistently profitable private traders. It's a good things IMO, not bad.

Those who don't like this fact may work at McD, guess failure rate there is much lower. :D
 
Quote from cornixforex:

Know it more or less, spent at least a month back in 2007 chatting with him personally. From what I remember he's mostly based on price action and some volume added there.
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You know near to nothing.

I am not endorsing his method nor saying it is junk. You can make money with some parts of it though. :p
 
Quote from Paddler:

You know near to nothing.

I am not endorsing his method nor saying it is junk. You can make money with some parts of it though. :p
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Likely I don't... Not that I care too much. It looks too complicated anyway. :)
 
Quote from Paddler:

Sure. Nothing is easy in any profession.
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Yeah, but something is simple (not easy, simple). :)

Probably Jack trades well, I don't know, just seems a bit redundant to trade profitably to me. :)
 
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