Do full-time forex traders exist or is it just make believe?

Quote from oldtime:

maybe the reason I can't comprehend is because when I was a broker I saw a lot of options and commodity traders do exactly what you are doing and I saw how they ended up

Also, how is this any different that any other trading individual where 95% fail?
 
Quote from SimpleTrades:

Also, how is this any different that any other trading individual where 95% fail?
because you are trading with an endless supply of money

as long as you have a job, you will always be able to refund your trading account
 
Quote from SimpleTrades:

Trade until its gone? Sure, why not? In the meantime, I will have pulled a lot more in profit out of the account than $1000.

So what happens if you lose the $1000, do you deposit another $1000 and start over?
 
Quote from OccupyThis:

So what happens if you lose the $1000, do you deposit another $1000 and start over?
asset allocation?

always keep 1k at a bucket shop?
 
Quote from OccupyThis:

So what happens if you lose the $1000, do you deposit another $1000 and start over?

Sure. And if you think about it this is identical to you closing a trade with a $600 loss considering margin requirement and opening a new trade.
 
Quote from SimpleTrades:

Sure. And if you think about it this is identical to you closing a trade with a $600 loss considering margin requirement and opening a new trade.
yes, but when I get stopped out at $600, I have a finite account

you have an unlimited account
 
maybe you have a point

everybody should keep 10% of their net wrth invested in a small business

even if they don't know what the hell they are doing

who lnows? one of these years they may get lucky
 
Back
Top