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I had an account on forex.com a couple years back, their people were calling me trying to get me to drop a couple grand in a real account. I was close to putting in 2500 to see what I could do but a friend of mine put 15k he saved into forex and lost almost all of it. Dude traded his way back up but I just realized it was probably too volatile for someone like me who wasn't real dedicated.
I had an account on forex.com a couple years back, their people were calling me trying to get me to drop a couple grand in a real account. I was close to putting in 2500 to see what I could do but a friend of mine put 15k he saved into forex and lost almost all of it. Dude traded his way back up but I just realized it was probably too volatile for someone like me who wasn't real dedicated.
As someone who has lost money and made money trading stocks, you only get hurt when you trade without a stop/plan. As long as you have a plan and manage risk well, you should be profitable. Takes time learning and developing a strategy though.
For anyone that wants to learn the method I use check out the thread on fxfactory, the author puts plenty of good examples in the first half of pages
http://www.forexfactory.com/showthread.php?t=456527
lol get some practice and demoing done otherwise you'll win and get over confident and suddenly lose it all on 1 trade
yeah man...I had an account on forex.com a couple years back, their people were calling me trying to get me to drop a couple grand in a real account. I was close to putting in 2500 to see what I could do but a friend of mine put 15k he saved into forex and lost almost all of it. Dude traded his way back up but I just realized it was probably too volatile for someone like me who wasn't real dedicated.
im sure this guy is a successful trader as he says he is, but his 'system' that he's sharing obviously emphasizes only his profitable trades where he was correct thus validating his trading system. but he doesn't warn against trades where his trades went wrong. i wouldn't mind hearing some explanations and his psychology for some of his trades where he incurred losses. im just saying
A buddy of mine who's really into FOREX Arbitrage is short of the Aus Dollar.
I know very little of this space, but this guy is almost certain it's going down. Would the people who know a little more shed some light on this?
is she profitable from it or selling her own program?Girl i know from college stays talking about this on fb. Making videos about it daily. I had to unfollow her.
Only a very small segment of traders are really successful over time. She is probably peddling a useless program.Sounds like both.