it is important for a trader not to spend too much time in demo. It kills the spychology needed to trade a live account
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maybe to get facts about each system as to what % success rate there is. It seems to me that the very large majority of private traders always fail no matter how much they spend on courses, signals, robots, indicators.........So unless you are a professional trader you are probably doomed to lose. Hence many countries making trading websites not allowed.
But there are many who are attracted to the dream of the perfect lifestyle and who get sucked in to fund all the forex companies
How many here can honestly say they make money and how much?
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Originally posted by biggles222 View Postmaybe to get facts about each system as to what % success rate there is. It seems to me that the very large majority of private traders always fail no matter how much they spend on courses, signals, robots, indicators.........So unless you are a professional trader you are probably doomed to lose. Hence many countries making trading websites not allowed.
But there are many who are attracted to the dream of the perfect lifestyle and who get sucked in to fund all the forex companies
How many here can honestly say they make money and how much?
But once I developed a strategy and risk management plan that worked consistently, then making money became easier.
Have a look at all my systems on Myfxbook or the two systems I have listed here at the marketplace.
Basically you just have to put in a lot of hard work, and develop a good scam/lying detector.
I made over $100,000 all up last financial year, and I hope this year is better, depending on AUM.
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choose your Forex broker wisely
then plan your trade
keep an eye on the risk-reward ratio always while trading
determine the correct position size for your trade
use leverage carefully
know how to manage your risks
Even in case, you incur loss accept it, take a look back and analyze why you lost, go back and practice on a demo account for a while, pay attention to your trading psychology and then start trading with lots of confidence.
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Tokyo stock exchange forecast. It is my way of working smoothly and able to make GOOD money out of it. But of course, you also need to be using common sense, as that is the most important aspect of things.
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Some of the points that I liked about the experience I had operating with paxforex are:
Very small spreed excellent !! , the leverage of 1: 500 I liked because I can use less money to operate more volume and execution of the orders very fast the platform does not freeze very fast I have not tried the withdrawal but I noticed that there is diversity to execute that action otherwise I could use my personal indicators without any problem.
I am very satisfied with paxforex
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