Also, any conspiracy thought about crypto replacing Forex is considered a troll post and will see that poster escorted out. Please stop making excuses for Ponzi fraud. Free, I only know metatrader, but is a pain to backtest. You will have to invest more time than it's sane to admit, you'll have to be smarter than average, there will be a lot of reading and studying, etc. Always fall for these ponzi scam for get quick rich.
Realistic Returns for a Forex Trader. What are the average realistic monthly returns for a Forex trader? There is a possibility that you may sustain a loss equal to or greater than your entire investment. Therefore, you should not invest or risk money that you cannot afford to lose. Before using Admiral Markets UK Ltd.
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You will have to invest more time than it's sane to admit, you'll have to be smarter than average, there will be a lot of reading and studying, etc. Clearly my time is better spent advising other groups of people. Look at previous bars and look at what happens to the market after an possible entry based on the conditions of your startegy. If you see your startegy consistently winning then proceeded with forward testing with a small investment.
I use Forex tester for manual testing. You have a free trial of forexteste2, http: I would invest in your mindset, and backtesting and having confident on a strategy really helps get you there, but go with ease.
Free, I only know metatrader, but is a pain to backtest. If you're serius about learning, you will need to invest, and is a very low investment, IMO. You can use the fxblue similator. It's an mt4 EA. It's fairly limited mainly because you can't use multiple time frames, but it's not bad for testing specific setups. Connecting to myfxbook would be good. I think from now on if anyone makes a claim of their ROI they should have to show myfxbook proof. Not really, there are workarounds to falsify myfxbook accounts perfomance.
Most involve using rubbish brokers. Yea, MyFX book is sketchy to me now. I just actually learned you can falsify the drawl down percentage by simple disconnecting MyFX from your account and track record continues. Don't think about how much money your planning to make. Think about how much you can lose and work on building a winning system.
Start with a demo account first. Ofcourse I would do demo I was just wondering if regular people like me can make some money from forex Track your moves outside of your account as well. See the growth and start to really grasp how you are doing. He's not trolling, but he is probably facing too much risk. If you want to make money in a consistent basis, you have to control it in a better way. Put it into excel with the formula. It takes people to see it. Compounded going all in on positions once a week.
This includes posts that state "PM me for details" 4: Keep It Professional and Friendly! Posting Trades Want to post a trade? Crypto There are a plethora of subs devoted to the various crypto topics. Memes Memes are really not that welcome here. Please keep them to the weekend discussion thread only. I really have nothing to hide and can provide more statements or even access to my personal trading account if you wish.
Log into Facebook Facebook. Haven't you thought that before the registering of the account and the selection of exchange you have to observe to the basics? I mean practicing the expertness of selling and buying, including the advancing of trading procedures! Anyway, all these rests on one important thing that we all, without exception, have to exploit: You have a chance learn the testimonials or approbate the most widely used platforms by yourself. Other things I don't care about are who is shagging whom and what is the latest trend in handbag and other oddities that could be called fashion accessories which seems to litter the press instead of actual news.
It is likely that they are 3 or 5 or 10 or 20 years down their career path. Trying to benchmark yourself as a likely noob against a 20year successful veteran is a fools errand. Please downvote the crap out of this answer because noone will will want to read the truth.
This page may be out of date. Save your draft before refreshing this page. Submit any pending changes before refreshing this page. Ask New Question Sign In. Is the trader consistent? How much on chance is trading style dependent on? Does he float large losses in his equity? Professionals Focus on Risk! Other resources Learn Forex in 5 days: Hire fundraising experts to prepare for your next round. Toptal matches top startups with experts in fundraising, financial modeling, forecasting, and more.
Start Now at toptal. You dismissed this ad. The feedback you provide will help us show you more relevant content in the future. Related Questions More Answers Below Who has a higher annual return, stock market traders or forex traders?
This is about professional traders and what is their 'average' rate of What is the average return on a Forex account? What is the average forex trader's salary? The top Forex traders tend to have extremely high average returns, why aren't more billionaires generated through Forex trading? What return does a professional trader yield?
Thank you for your feedback! Simple options trading guide. Most options traders lose because they don't know this simple formula. Learn More at prtradingresearch. May be my reply is not about the discussion A very advanced one can invent his own indicators or even trade machines! I would propose to check them for free and test here: If you're that good, why not play with someone else's money as well as your own and take a cut of the profits: The Best Forex Traders of All Time You Should Know about For the rest, leverage and a lack of knowledge of what they're doing make it a very difficult way to make money.
I am particularly enamoured with this quote: What do you think Professional Forex traders Make? So definitely don't invest more than you can afford to lose!
The only thing that matters is MY bottom line. I do not care one bit about who is better than someone else. FOCUS on what you are doing and forget everyone else. Please downvote the crap out of this answer because noone will will want to read the truth Unless you want to let the truth set you free - then you can UPVOTE the shit out of this.
What are the top paid forex people?
To get a proper answer to this question, let us review the returns of investment from some hedge funds which are active in the forex market. – Soros Fund Management, the hedge fund owned by George Soros, made 22% returns in Ofcourse I would do demo I was just wondering if regular people like me can make some money from forex it doesnt have to be big im just asking if people actually do make money on fx. Oct 31, · As Robert Parker said, it is impossible to get a detailed monthly or annual return of everybody in forex. the income of most traders is private. Not .