Who is actually making money trading?

[Apophenia]

When someone sees patterns which do not really exist, this is known as apophenia.

If you stay profitable you should change your alias. Unless the link between your alias and your return would not be real.

See you're a knowledgeable ETer. But who said the devil is evil for himself ? A flame doesn't die by burning. Apophenia can harm but ain't misled by itself.

 

[radex78]

I made 50% in October. But I still have to make 4900% in order to be able to live entirely from my trading since I would only withdraw 5% monthly (Max Risk) to cover my expenses. Yep ... A salary is a loss and one need a margin of safety too (Redundancy). The journey is going to be long. Patience my friends.

Good result if can made consistently, in my trading experience I can making more than 100% from initial investment, but since always compound profit then one two loss followed with next loss and eventually faced MC, forex trading is not like as math calculation

 

[Apophenia]

Good result if can made consistently, in my trading experience I can making more than 100% from initial investment, but since always compound profit then one two loss followed with next loss and eventually faced MC, forex trading is not like as math calculation

What does MC means (Margin Call?!) ? It's good to compound especially while it doesn't add troubles. I am afraid you're telling me that 3 consecutive losses Knocked you Out. Eventually what's built on sand has to collapses soon or later.

 

[radex78]

What does MC means (Margin Call?!) ? It's good to compound especially while it doesn't add troubles. I am afraid you're telling me that 3 consecutive losses Knocked you Out. Eventually what's built on sand has to collapses soon or later.

Yes MC I mean is margin call, certain trader said forex is like as psychological game, sometime after faced consecutive loss it can leading trader being emotion then making reckless decision, but I have seen some trader thet can easily make their profit

 

[propwarrior]

I can confidently say <5% retail traders are making long term good consistent money. Personally I believe the figure is lower than that possibly <1.5%.

 

[radex78]

I can confidently say <5% retail traders are making long term good consistent money. Personally I believe the figure is lower than that possibly <1.5%.

Are you sure? retail trader usually also start with small capital only and I have seen many retail trader that start with small capital often faced with failure
But there are trader which they become I B and get earning from partnership programme

 

[bublu]

I think that small capital is good to start trading and testing the broker processes like withdrawals, some also make dual earning through trading and referrals (IB) however i better suggest sticking to trading only.

 

[radex78]

I think that small capital is good to start trading and testing the broker processes like withdrawals, some also make dual earning through trading and referrals (IB) however i better suggest sticking to trading only.

Yes maybe to test broker will good with small capital, but maybe we also can trying seeking information from different source to get some information regarding broker about reputation broker among trader

 

[BlueTrader]

It doesn't make sense to start learning how to trade if the person doesn't have money or doesn't have friend/family member who has. It's important to find an edge, but more important is to learn how to trade with real money.

 

[radex78]

It doesn't make sense to start learning how to trade if the person doesn't have money or doesn't have friend/family member who has. It's important to find an edge, but more important is to learn how to trade with real money.

Trading with real money usually will giving touch on emotion pressure, and if will built up better psychology hence using real money will better than demo account,and real lesson about emotion control if trader faced with successive loses