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How Long Have You Been Trading Forex??

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  • aditiukey
    replied
    6 months, depending on how quickly you understand things. But you also need to learn many things by experience which may take about one year.

    Leave a comment:


  • ForexandCrypto
    replied
    Originally posted by mlawson71
    I definitely spend quite a while every day trading, but I have other obligations too.
    You make your living from trading I meant?

    Leave a comment:


  • ForexandCrypto
    replied
    Originally posted by SaLaPaoMan View Post
    over 5 years now
    Are you a full time trader?

    Leave a comment:


  • SaLaPaoMan
    replied
    over 5 years now

    Leave a comment:


  • ForexandCrypto
    replied
    Originally posted by mlawson71

    I know, it was a rhetorical question.
    Fair enough

    Leave a comment:


  • ForexandCrypto
    replied
    Originally posted by mlawson71
    Is there anyone who makes 100% profit every month?
    Unlikely. On a long term basis very unlikely.

    Leave a comment:


  • ForexandCrypto
    replied
    Originally posted by monira

    Warren Buffet, George Soros and Hedge fund companies are beggar

    And you can make 100% profit per month, so you are going to be a Billionaire from your own $500 money.
    100% a month?

    Leave a comment:


  • ForexandCrypto
    replied
    Originally posted by monira

    OK. Fine. They will be billionaire soon.
    Probably not. And they don't need to come online to "beg" for investment lol

    Leave a comment:


  • ForexandCrypto
    replied
    Originally posted by monira

    Show verified track record. Min 5 years track record.
    What? They are not selling anything so are not interested in showing their track record to anyone. No real full time traders do.

    Leave a comment:


  • OutsideTheBoxHK
    replied
    Originally posted by monira

    Show verified track record. Min 5 years track record.

    I've found some pretty amazing track records on MQL5 traders. That is if they are real. Generating big overall profits, 5 to 10% monthly and sometimes higher, and consistent without huge drawdown. If you find any others worth mentioning on MQL5 or SignalStart or other trade copying sites, be sure to comment here.

    1. https://www.mql5.com/en/signals/135184 - BachaTICEA (176 weeks)
    BachTicea.JPG

    2. https://www.mql5.com/en/signals/101185 - Shikari (232 weeks)
    Good Trader.JPG
    3. https://www.mql5.com/en/signals/452745 - Seng Signal 8 (180 weeks)
    Seng Signal 8.JPG

    Leave a comment:


  • ForexandCrypto
    replied
    Originally posted by monira

    Those who want to profit 10% per month, sooner or later would meet 100% DD.
    Not at all. I know people making this for years.

    Leave a comment:


  • ForexandCrypto
    replied
    Originally posted by monira

    Do you George Soros avg yearly return 30% for 30 years and he had a negative year -22% ??

    I always think how can I survive and build a track record for a life time period and every professional
    trader should care about it.

    I never think short period of time. That's why your money is safe under my psychology and strategy
    You are a scammer I think.

    Leave a comment:


  • ForexandCrypto
    replied
    Originally posted by monira

    I know what do u meant. I have a complete road map. Even I am ready to manage $100M fund and able to raise it smoothly.

    You should have some criteria while dealing with big funds or lots of clients.

    (1) Measure your gain/loss, risk etc only by Percentage & PIPs rather than the value
    (2) Slippage, execution speed, spread should be negligible according to your system performance.
    So your system would be such so that these would not fall any effect to your system performance.
    You can get help by EA tools such as 100 lot split into 10 lot of 10 position.
    (3) Always keep your eyes on your Art of trading rather than amount of trading
    (4) If there are lots of clients then ATCBrokers PAMM+ and MTCookfinancial Hybrid would be better choice
    for this conditions. Because master account has only the master balance. Clients account mirror only.
    (5) Should have a long long vision. Risk management is the key. Even you might take a negative year. You
    have to recover the loss and regrow the fund and never give up.
    If you think you could have a negative year then no why are you trading my money!

    Leave a comment:


  • ForexandCrypto
    replied
    Originally posted by monira

    Personally, I can't afford to invest more than $10K fund.

    If I trade by my own money then monthly income, $300

    If I manage $100K fund then monthly income, $300 + $900 = $1200 [Consider 30% performance fee]
    If I manage $1M fund then monthly income, $300 + $9000 = $9300 [Consider 30% performance fee]

    Moreover, I can reinvest my earning and earn more.

    Who don't want to earn more? Who don't want to be rich quickly??

    A successful trader with a superior trading system has the unlimited earning potential.
    And whatever you manage 1 investor fund or 1000 investors fund, same effort.

    Then why should not I trade other's people money???
    Forex is not about getting rich quick, just reinvest and build your pot up. Just seems suspicious wanting to trade for other people.
    Also 3% a month is not very good for a full time trader, most of the ones I know make a minimum of 10%

    Leave a comment:


  • Xymox
    replied
    I've been trading almost 3 years

    Leave a comment:

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