Price may act the same, but the manipulation of price isn't. FX has some of the worst price manipulation in the market. If you have traded FX for a number of yrs you should be aware of this. No central exchange, meaning no place for the market to conduct a fair auction on price.
How Forex Trading Can Make you Rich?
- Thread starter Peter brandley
- Start date
If this was true, you could code a trading methodology that works exactly the same in every market. Even the discretionary traders who are actually successful admit that no two markets are the same, they have similarities but also quirks and often big differences.
Since you're talking about price action, you don't have evidence either.
I agree, there is no PERFECT trader when it comes to Forex business. Outcomes of all trades are uncertain. No Forex expert can guarantee you 100% favourable outcome. However, like I said, the experiences or knowledge they have gathered in Forex trade, sets them apart from traders who are inexperienced and indecisive.
Yes although sometime might we find any ads that offer guarantee software as making money in forex, but still doubted because they selling product also want to get money, ever hear buyer he ask money back because software can't making profit but rejected because as seller said if ea work
I just looove such questions
I trade for several years and Forex hasn't made me rich yet... What am I doing wrong, people?
I want to have a yacht and Bentley. Fun
Yet it has helped you to earn some good ROI on regular basis ..
Might if already having good skill hence will easy to get earning from regular basis, but in fact not always as trader can making profit consistently, as long as still able increasing money in account this is already good resultYet it has helped you to earn some good ROI on regular basis ..
First of all person should not enter the market with this thinking. If he keeps on thinking about getting rich he would end up losing all his money. You should enter the market with a definite approach and to learn trading. For this first you need to have understanding of how market works and learn basics about forex. Then open a demo account with some good broker and practice how actual trading works. After due practice for atleast 6 months then you should go for live trading that too start with small investments. Eventually by practice you can start making profits and can get rich.
Why is it when I read your posts they read as if a child has written them. Your comments are basic and holy without any substance. You keep repeating the same mantra.
Please do give the poster some "breathing" room.
English is not his first language, and he is making great efforts to post in English.
How many foreign languages do yourself speak?
Second, there is nothing wrong with him talking about things he is understanding, even if these can seem trivial to some. May be he is just trying to find ways to become profitable: each person their own methods and their own ways.