Are people making money forex

The ask is the price at which your broker will sell the base currency in exchange for the quote currency. And during times of bad luck, we can still have losing streaks. The only difference is your bet size or risk per trade. Using multiples of the same types of indicators, such as two volatility indicators or two oscillators, for example, can become redundant and can even give opposing signals. I liked your twenty per cent a year scheme. Consistently Profitable. Great post Rayner!

Forex — Are People Really Making Steady Money? — Business — Nairaland

Many people like trading foreign currencies on the foreign exchange forex market because it requires the least amount of capital to start day trading. Forex trades 24 hours a day during the week and offers a lot of profit potential due to the leverage provided by forex brokers. Forex trading can be extremely volatile and an inexperienced trader can lose substantial sums. The following scenario shows the potential, using peoole risk-controlled are people making money forex day trading strategy. Every successful forex day trader manages their risk; it is one of, if not the, most crucial elements of ongoing profitability.

How to Read a Forex Quote

This is due to the number of people that have been «burnt». Or perhaps those making the money are not talking about it. What do you guys think? Cos I intend to trade forex. Yes, there is money in Forex, but you have to learn the skill and strategy, the problem in Nigeria at a time was bc Naijans once viewed it as make rich quick scheme,where you screw every time and make cool dollars, Doing it my own way, slow and steady, it has become so joyful, If I have any thing to bequeat to any 1, I will say forex, Teach a man how to fish, Heaven of wealth. I spend less than 1minute anytime I trade with good profit 2.

Trading forex — what I learned

This is due to the number of people that have been «burnt». Or perhaps those making the money are not talking about it. What do you guys think? Cos I intend to trade forex. Yes, there is money in Forex, but you have to learn the skill and strategy, the problem in Nigeria at a time was bc Naijans once viewed it as make rich quick scheme,where you screw every time and make cool dollars, Doing it my own way, slow and steady, it has become so joyful, If I have any thing to bequeat forexx any 1, I will say forex, Teach a man how to fish, Heaven of wealth.

I spend less than 1minute anytime I trade with good profit 2. I use 3 tools which I will show you 3. I HATE technicals analysis.

I will hold a seminar to teach what I love doing since when I was 19yrs but am 24yrs now, don’t tell any one. Do I have sweet mouth? I can show you the way!! If u want. Nigeria, lol. From your post i can see that you are a scalper using only fundamentals. Well the only draw back is that you will be making profits very scarcely as fundamental factors are hard to come by mone very few news release affect currency pairs.

Try to broaden your knowledge by researching technicals using them for longer time frames, But i sensed controversy in your post. If you tade news, why use softwares? Well my advice to you is to trade real forex fopr real profits. Well the only draw back is that you will be making profits very scarcely as fundamental factors are hard to come buy since very few news release affect currency pais. Try to broaden your knowledge by researching technicals using them for a longer time frame, But i sensed controversy in your post.

Toks You don’t mkney anything, Who tell you am are people making money forex That means u r still learning just tryin 2 prove urself in d room. I trade d news peoople and I even enter the market some 1second b4 d spike. Come on be matured, your out burst is unwarranted. I am only giving u an advice so take it or leave it. If you are into fundamentals you will know too well that red flag news seldom come out and as of today, no major news release for all pairs which means you wont trade throughout today.

So why are you getting hyper simply because i asked you to broaden your knowledge. As i post this right now, i am banking some pips trading with rae analysis and that is why i am advicing psople so why are you taking it so immatured. I called you a scalper and you flared but that is what you are and you confirmed it your self that you spend less than a minute trading.

Haba Please lets maintain proper decorum. Repent from ur technical technicity or else you may B technalised. Toks If you are into fundamentals you will know too well that red flag news seldom come out and as of today, no major news ofrex for all pairs which means you wont trade throughout today.

Hapi Pippin. Hi Friend, Foerx was thinking about your personality after reading all you wrote about forex trading and as far as i can see, you are not a Forex trader and i stand to be challenged. I also did a little bit of due diligence on your recent posts and i got this post of yours from Banking and Finance section frex «You will be happy after reading this, » Here is your post «Investing is one of the most important aspect of life for future security.

Enter the new year with our fund management plan. You will like it after few months of reaping forrex the market trustgirl4 gmail.

I suspect you are s scamer and i also stand challenged. How can you promise such unrealistic returns and you claim to trade only news which are basically out of your control as fundamenral news are based on the state of the economy of a given country which is not predictable. Please we dont need scammers on nairaland and i am not apologizing on this so you may spit hell if you want.

I will not fold my arms and see anyone come here and rant nonsence claiming he is a forex trader. Be warned. I am too matured to trade words with you. You are a scammer. I love to share information so that is why i post useful tit bits on profitable forex trading. Please look elsewhere for victims. You wont find any on nairaland i assure you. I rest my case and dont ever expect any reply from me concerning this issue.

Talk noney ‘Technical analysis’, you have lots of it everyday to cash on as long as you use the right foreex of strategies. Robots are wack! Can neva be as smart as humans. Happy Trading. Hi Everyone, Eku odun keresi, odun peopple fun gbogbo wa o ni oruko Jesu. Actually i came across forex trading business about 2 years ago but never tried it until early this year. I have seen the bad side and the good side and after thourough self examination, i found out that greed is the number factor for failure in the business.

The truth is that with just usd start up capital, you can conviniently make 20usd daily with a very strict money management. Now if we are patient enough, this account balance will grow to usd in a month. If you continue in like manner, you will get usd at the end of second month. Now with the power of compounding interest, lets take a look at this analysis taking the worst case scenario of the average daily profits you can make and leaving out two days each month assuming you did not trade pn those days.

Think about doing this four three years and tell me how this will not affect your fortune. Many seasoned trades will know that my analysis is a very conservative one knowing how much they can really make in forex daily with usd balance, But lets just immagine for a second that we discipline oursekves to make sequential profits month after month.

So the summary is that we all should pray to BAba God to help us fight greed and understand that Forex is not a get rich quick business but epople gradual way of buillding fortunes.

Stay blessed. Learnt it’s marvellous. Please, share your experience if you are trading with it. Brovas, «If it sounds too good to be true, and there’s no live account statement to prove, then it must be voodoo» You can make a lot of money from fx, but you need to be patient, have a good system, don’t be greedy and always apply good money management.

Start your FX trading experience on an easy-to-use trading platform. Why would you want to practise with the amount you cannot start with?

I generally agree with majority of you that hold to the believe that is much better to trade fx by. Toks Hi Everyone, Eku odun keresi, odun ayabo fun gbogbo wa o ni oruko Jesu. Stay blessed Hey bro, how are you doing I will be happy if you can give me so cool lesson on this stuff, kindly hook me up please i will be looking forward to hear from you and i will like to meet in person.

M : fxcaster Signals are sent via yahoo messenger. Happy Trading!!!! Here is the 21 Comandments according to forex, Read and be Blessed. So repent, that the world will be using one currency b4 he comes again, maybe it is «Euro» Out of every forex traders after 1year, 20 are left and only 5 after 5yrs.

The market can remain irrational than you can remain liquid. You and Your broker, the market is not your enemy cos it tends to be efficient. There are more opportunities in the market than the money in your pocket. Many people ask this question? The difference between a pigeon and a forex trader is that a pigeon can still leave a deposit on mercedise benz No matter what you tell a speculator, he wants to be always right. Will your prayer work when you trade forex, that is how you know if you are Gambling.

I will bless the works of your hand, dont speculate but invest, sow mojey yeah shall reap. It is the glory of God to conceal a matter, but the glory of kings is to search out a matter Prov25v2 in forex your research is more valuable than your asset. For a righteous man may fall seven times and rise again, it is not your losses that is important in forex but how long you stay in the game.

When can you fall assleep in forex? Forex is the buying and selling of one currency against another, with the hope that it will either rise or fall. If you have inside information you might make money, if you make informed decisions you might make money, forex like every other thing in life requires careful planning and study, it is not a game for feeble people it is serious business with high risk.

Toks Thanks BroI think you really doing a great job hereI’m about to check the web Keep the good job up We love you. Hmmmmmmmmmmn interesting. Toks has finally overthrown invest This is what I have to say. I wont say toks is appropriately right in calling invest a scalper. You can trade news on spike for minutes. I peopls used a software that those. It uses hyperclicks i. That is lot of money man. With my 3 years experience, what I found out was that it is dufficult to make money through intraday trading using technical analysis.

In fact intraday trading brings about the risk of overtrading which is the sister to greed, the family to pelple trading. Presently, I am into swing trade and I am using the system of Rahul, an Asian developer at www.

HOW TO MAKE MONEY FROM YOUR PHONE *FOREX EXPLAINED* (FOREX TRADER)

Another excellent article, thanks Rayner! Planning, setting monry goals, staying organized, and learning from both successes and failures will help ensure a long, successful career as a forex trader. This could either be favorable or unfavorable to you. Use a practice account before ;eople go live and be sure to keep analysis techniques to a minimum in order for them to be effective. Day Trading Risk Management. Compare Investment Accounts. Two weeks later, you exchange your 10, euros back into U. It is all relative to your financial situation.