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Author Topic: Who makes a living on Forex???  (Read 36280 times)

Offline Eliza Abrams

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Re: Who makes a living on Forex???
« Reply #90 on: August 29, 2018, 02:47:50 PM »
Ha! I did say that the people who work for the brokers (or own the brokers) are the ones who become truly rich from this business. :D

Offline Loperte

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Re: Who makes a living on Forex???
« Reply #91 on: September 23, 2018, 12:25:03 PM »
Hello guys! I am the one who is making a living on the forex trading. I have seen all the ups and downs in my career of three yeqrs and now I am settling well with handy profit on monthly basis. I would like to advise you people to stay on a plan as long as you can!

Offline Eliza Abrams

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Re: Who makes a living on Forex???
« Reply #92 on: September 23, 2018, 01:49:36 PM »
For how long did you trade before moving onto fulltime trading?

Offline Dumie

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Re: Who makes a living on Forex???
« Reply #93 on: September 23, 2018, 06:47:57 PM »
Hi
I'm Dumisani Phineas I trade foreign exchange and am doing good so far☺☺☺

Offline vontogr

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Re: Who makes a living on Forex???
« Reply #94 on: September 25, 2018, 10:17:55 AM »
I do
Thought after ESMA it is different.

Offline Eliza Abrams

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Re: Who makes a living on Forex???
« Reply #95 on: September 28, 2018, 02:29:47 PM »
Does the lower lever cause you a lot of trouble?

Offline kensanlb

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Re: Who makes a living on Forex???
« Reply #96 on: September 28, 2018, 04:13:57 PM »
I am pretty new to trading fx. no where near to becoming full time yet but as i learn and make mistakes using demo account, I learn from mistakes and improve. also if anyone can recommend some fx hacks that helped you go from profitable to consistent profitable. please share and comment. thank you

Offline Eliza Abrams

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Re: Who makes a living on Forex???
« Reply #97 on: September 29, 2018, 02:43:17 PM »
The only "hack" I can recommend is to study and practice hard. There are no shortcuts in this industry, I'm afraid.

Offline drunkfx

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Re: Who makes a living on Forex???
« Reply #98 on: September 29, 2018, 03:29:47 PM »
The only "hack" I can recommend is to study and practice hard. There are no shortcuts in this industry, I'm afraid.

What's best ways of study do you know? I mean how to avoid mistakes and wrong ways and arrive to the success faster?

Offline Eliza Abrams

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Re: Who makes a living on Forex???
« Reply #99 on: October 02, 2018, 01:19:52 PM »
The only "hack" I can recommend is to study and practice hard. There are no shortcuts in this industry, I'm afraid.

What's best ways of study do you know? I mean how to avoid mistakes and wrong ways and arrive to the success faster?

Keep a detailed record of your trade. Also a keep a journal where you write down your progress - and your mistakes. Refer to both often.

Offline Annod

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Re: Who makes a living on Forex???
« Reply #100 on: October 07, 2018, 06:49:41 PM »
Hello guys! I am the one who is making a living on the forex trading. I have seen all the ups and downs in my career of three yeqrs and now I am settling well with handy profit on monthly basis. I would like to advise you people to stay on a plan as long as you can!

Could you please show me your MyFxBook?

Offline Eliza Abrams

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Re: Who makes a living on Forex???
« Reply #101 on: October 18, 2018, 03:11:43 PM »
Do you make a living off trading forex, Annod?

Offline Eliza Abrams

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Re: Who makes a living on Forex???
« Reply #102 on: November 15, 2018, 01:36:16 PM »
Yet another proof that the people who make the most profit out of trading are the brokers and the scammers, who sometimes are both at the same time.

According to recent statistics released by Scamwatch, the Australian Cybercrime Online Reporting Network operated by the Australian Competition and Consumer Commission (ACCC), Australians have lost $35.8 million for the past ten months. If thats the case in Australia who knows how bad it is in Europe, let alone Asia.

Offline Ggeyda

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Re: Who makes a living on Forex???
« Reply #103 on: January 20, 2019, 03:28:36 PM »
I know few people who are trading for living. I can say that they are all very long on a market and have significant knowledge. Secondly, they have invested significant amount of money in this business. So, if somebody is trading with small lot, he must be genius to make living out of investment

Offline outsidetheboxhk

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Re: Who makes a living on Forex???
« Reply #104 on: January 21, 2019, 12:31:00 AM »
@froggy51 --- the original author of this thread --- had asked:
Come on... cough up... I want to know...

Who among the users of this forum makes a living on forex?

AND - HOW do you do it???


Yes I live 100% from the proceeds of my trading activities.  This post was previously flagged for advertising, so I have tweaked it slightly to hopefully add more value to this discussion.

I am a manual trader 100%
I use the SimpleTrader trade copying software to allocate from the Low Risk Master Account different lot sizing / risk multiplier to my other medium risk and high risk strategies.
Before Halifax Investment Services went into receivership in Nov 2018 I had 10 trading accounts at 5 different brokers.
HotForex, Mt Cook Financial, Darwinex, AxiTrader, and Halifax (now Halifax Australia and NZ have gone bust).
The books or reading material that most formed my thinking and training were:

I have found numerous ways thru trade copying subscriptions, high water mark profit sharing performance fees, and various forms of commission sharing to be able to have secured enough stable income to continue perfecting my strategy and the edge is has in the market.

I have been told I cannot post links here to the various platforms where you too can seek these income generating activities in trading, but you can seek out my Outside the Box thread if you want to have a look.   



« Last Edit: January 22, 2019, 02:49:06 AM by outsidetheboxhk »
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