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I have been trading forex for over a year and I have yet to make any more!

 
Anonymous Coward
User ID: 25744813
Japan
11/03/2012 05:37 AM
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I have been trading forex for over a year and I have yet to make any more!
Its hard shit!
trailingedge
where thought goes energy flows

User ID: 26228737
Australia
11/03/2012 05:43 AM

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Re: I have been trading forex for over a year and I have yet to make any more!
I hear you!
Similar story here...whenever I bought it went the other way...nearly always LOL
hf
where thought goes, energy flows

"youth is the ultimate wealth, and you're a bit poorer today."
Anonymous Coward (OP)
User ID: 25744813
Japan
11/03/2012 05:43 AM
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Re: I have been trading forex for over a year and I have yet to make any more!
Yeah its hard shit.
Anonymous Coward (OP)
User ID: 25744813
Japan
11/03/2012 05:44 AM
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Re: I have been trading forex for over a year and I have yet to make any more!
I hear you!
Similar story here...whenever I bought it went the other way...nearly always LOL
hf
 Quoting: trailingedge


Ya it seems as though there are people watching over your position haha.
Anonymous Coward
User ID: 1378669
United States
11/03/2012 05:58 AM
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Re: I have been trading forex for over a year and I have yet to make any more!
You need more leverage.
3
User ID: 24791402
Australia
11/03/2012 06:28 AM
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Re: I have been trading forex for over a year and I have yet to make any more!
As someone suggested up the leverage, as much as you can..
Don't get caught up in all the bling charts and crap other than basic charting.
Just keep an eye on what's going on in the market, keep it simple FOCUS and concentrate.

Find the zone like if you were playing a video game, or a hunt of sorts.
You have to take time out, stay fit, eat well and don't burn your self out..

ALWAYS RUN STOP LOSS<10 pips or less..


Only take advice from people who have made $$ and have nailed it..
You will have to take my word on it I many years of experience with the trade markets..
Anonymous Coward
User ID: 26703111
United Kingdom
11/03/2012 06:34 AM
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Re: I have been trading forex for over a year and I have yet to make any more!
Stop trying to get rich quick by gambling and help to create some real wealth instead.
3
User ID: 24791402
Australia
11/03/2012 07:03 AM
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Re: I have been trading forex for over a year and I have yet to make any more!
Stop trying to get rich quick by gambling and help to create some real wealth instead.
 Quoting: Anonymous Coward 26703111


It's not gambling, it's just takes skill..
It's not the casino or the track,also far better risk reward than stock-markets.
Whats real wealth?
Only real wealth is planting your own food and becoming self sufficient and living in the real world..
Anonymous Coward
User ID: 15689859
United States
11/03/2012 07:06 AM
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Re: I have been trading forex for over a year and I have yet to make any more!
Its hard shit!
 Quoting: Anonymous Coward 25744813


Hell, I've never traded before, but the charts make it look easy. All them channels and shit?

You must spook easy.

Hell.

I think I'm gonna take it up. Thanks guys!
Marxist

User ID: 17276076
New Zealand
11/03/2012 07:10 AM
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Re: I have been trading forex for over a year and I have yet to make any more!
As someone suggested up the leverage, as much as you can..
Don't get caught up in all the bling charts and crap other than basic charting.
Just keep an eye on what's going on in the market, keep it simple FOCUS and concentrate.

Find the zone like if you were playing a video game, or a hunt of sorts.
You have to take time out, stay fit, eat well and don't burn your self out..

ALWAYS RUN STOP LOSS<10 pips or less..


Only take advice from people who have made $$ and have nailed it..
You will have to take my word on it I many years of experience with the trade markets..
 Quoting: 3 24791402


You'll have to know what that zone looks like before going out hunting for it. And that my friends, is complex. But yeah, take all that shit off the charts and focus on those candles. Then turn on yer thinking cap. Then work day and night...it is gonna take you at least 4 years.
Workers of the World, Unite. You have nothing to lose but your chains!
3
User ID: 24791402
Australia
11/03/2012 07:46 AM
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Re: I have been trading forex for over a year and I have yet to make any more!
 Quoting: 3 24791402


You'll have to know what that zone looks like before going out hunting for it. And that my friends, is complex. But yeah, take all that shit off the charts and focus on those candles. Then turn on yer thinking cap. Then work day and night...it is gonna take you at least 4 years.
 Quoting: Marxist


Zone is moves and knowing where to be when, took me 2 but I had a lot of experience with stocks..
See I watch the people who use complex charts and know their moves before they move..cool2
Anonymous Coward
User ID: 24068631
United States
11/03/2012 08:20 AM
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Re: I have been trading forex for over a year and I have yet to make any more!
It's bucking the tigers....sorry game.
Anonymous Coward
User ID: 2572446
Indonesia
11/03/2012 08:26 AM
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Re: I have been trading forex for over a year and I have yet to make any more!
I hear you!
Similar story here...whenever I bought it went the other way...nearly always LOL
hf
 Quoting: trailingedge

If it's nearly always, then it's a blessing in disguise, you've got a reliable reverse indicator. Anytime you want to buy, just sell. Realize what you want to do in a trade and reverse it, you've got a winner.
Anonymous Coward
User ID: 26899796
Australia
11/03/2012 08:28 AM
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Re: I have been trading forex for over a year and I have yet to make any more!
i am a trading god
Anonymous Coward
User ID: 26899796
Australia
11/03/2012 08:36 AM
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Re: I have been trading forex for over a year and I have yet to make any more!
i like to spread it,
Judethz
Israel is Eternal

User ID: 20521597
United Kingdom
11/03/2012 08:41 AM

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Re: I have been trading forex for over a year and I have yet to make any more!
i like to spread it,
 Quoting: Anonymous Coward 26899796


people1 Lets hope your husband dosn't find out.
Anonymous Coward
User ID: 26899796
Australia
11/03/2012 08:43 AM
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Re: I have been trading forex for over a year and I have yet to make any more!
i like to spread it,
 Quoting: Anonymous Coward 26899796


:people1: Lets hope your husband dosn't find out.
 Quoting: Judethz


he wont XD
Anonymous Coward
User ID: 26741443
United States
11/03/2012 08:55 AM
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Re: I have been trading forex for over a year and I have yet to make any more!
Yeah its hard shit.
 Quoting: Anonymous Coward 25744813


No it isn't. You just have to know how to do it.
And if you don't, then you have to follow someone who does.

Look up shrewd trading dot com. He's got a great trading record right now - he actually offers a service where you can follow him called "shrewd trader."

A lot of people follow educators - but these educators don't actually trade - and the follower inevitably lose money.

This guy actually trades and you're allowed to see his current trades - he tells you when he gets in and out. It's a great service.
Johnny Be Good

User ID: 26703111
United Kingdom
11/03/2012 09:06 AM
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Re: I have been trading forex for over a year and I have yet to make any more!
Stop trying to get rich quick by gambling and help to create some real wealth instead.
 Quoting: Anonymous Coward 26703111


It's not gambling, it's just takes skill..
It's not the casino or the track,also far better risk reward than stock-markets.
Whats real wealth?
Only real wealth is planting your own food and becoming self sufficient and living in the real world..
 Quoting: 3 24791402


It's gambling!!!!...........but if you want to kid yourself it's not - whatever!

Wealth is created by adding VALUE.
Length of days is in her right hand; and in her left hand riches and honour. Her ways are ways of pleasantness, and all her paths are peace.
Anonymous Coward (OP)
User ID: 25744813
Japan
11/03/2012 10:56 AM
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Re: I have been trading forex for over a year and I have yet to make any more!
Stop trying to get rich quick by gambling and help to create some real wealth instead.
 Quoting: Anonymous Coward 26703111


It's not gambling, it's just takes skill..
It's not the casino or the track,also far better risk reward than stock-markets.
Whats real wealth?
Only real wealth is planting your own food and becoming self sufficient and living in the real world..
 Quoting: 3 24791402


It's gambling!!!!...........but if you want to kid yourself it's not - whatever!

Wealth is created by adding VALUE.
 Quoting: Johnny Be Good


and what is wrong with gambling?

Everything in life is gambling...
Anonymous Coward
User ID: 26880926
United States
11/03/2012 11:51 AM
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Re: I have been trading forex for over a year and I have yet to make any more!
OP, you are losing because the system is set up to prevent it.

Retail forex trading is a complete scam because the "broker" will see your stop losses and move their internal price to take it out.

Trust me, I know what I am talking about. I worked closely with FOREX(dot)com and other retail (ripoff) brokers for years developing automated trading algorithms.

Their (the brokers) profit models are built on fleecing customers until they are broke and the simply getting new customers. They rape the customer and then use that money to get 5 more customers. Rinse. Repeat.

The secret is that you don't rally need a broker for forex. At the very least, try a company like 'interactive brokers' who don't create an artificial internal market. They simply act as a gateway to the open market.

Do NOT over-leverage. trade no more than 30% of your equity, and make sure you can lose ALL of your equity and not care.

The true secret to success in trading is not caring - not needing the money. Only then is your mind clear enough to succeed.

Then, you need to understand that most traders over trade. You need to practice more and pick your trades FAR more carefully. You should be looking at 50-100 pips per trade as a goal.


There are plenty of books in amazon written by PhDs who have traded for decades. These are the only people you want to listen to.

For starters, understand that the forex market was created by the BANKERS in order to do as much damage to as many people in the shortest time possible.

Let that fact color your trading philosophy.
Anonymous Coward
User ID: 26880926
United States
11/03/2012 11:52 AM
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Re: I have been trading forex for over a year and I have yet to make any more!
er, losing because the system is set up to guarantee it :P

Coffee not kicked in yet.
Anonymous Coward
User ID: 19684241
United States
11/03/2012 11:58 AM
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Re: I have been trading forex for over a year and I have yet to make any more!
I hear you!
Similar story here...whenever I bought it went the other way...nearly always LOL
hf
 Quoting: trailingedge

If it's nearly always, then it's a blessing in disguise, you've got a reliable reverse indicator. Anytime you want to buy, just sell. Realize what you want to do in a trade and reverse it, you've got a winner.
 Quoting: Anonymous Coward 2572446


You might be right, because that's the way it is for me. If I buy, it goes down.

Several years ago, I started running a forex robot on a play account and it was knocking down $750 a week or so, without fail. I retired from my job, planned to get into it full time and the robot stopped making money. I've never made a penny on forex. I tried PLENTY of other robots and none worked. I think the key might be to running a Very Small amount so that you can get by when it falls and you don't get closed out of the trade.

If there are any forex winners here, please give some suggestions.
Marxist

User ID: 17276076
New Zealand
11/03/2012 04:23 PM
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Re: I have been trading forex for over a year and I have yet to make any more!
I hear you!
Similar story here...whenever I bought it went the other way...nearly always LOL
hf
 Quoting: trailingedge

If it's nearly always, then it's a blessing in disguise, you've got a reliable reverse indicator. Anytime you want to buy, just sell. Realize what you want to do in a trade and reverse it, you've got a winner.
 Quoting: Anonymous Coward 2572446


You might be right, because that's the way it is for me. If I buy, it goes down.

Several years ago, I started running a forex robot on a play account and it was knocking down $750 a week or so, without fail. I retired from my job, planned to get into it full time and the robot stopped making money. I've never made a penny on forex. I tried PLENTY of other robots and none worked. I think the key might be to running a Very Small amount so that you can get by when it falls and you don't get closed out of the trade.

If there are any forex winners here, please give some suggestions.
 Quoting: Anonymous Coward 19684241


Like I said, you have to do your homework, use your noggin (self taught) and it is complex finding the key zones where moves are guaranteed. The market is the heart of capitalism...there are no freebies and you are on your own basically.

Good luck, you will need it.
Workers of the World, Unite. You have nothing to lose but your chains!
Anonymous Coward
User ID: 1176916
United States
11/03/2012 06:26 PM
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Re: I have been trading forex for over a year and I have yet to make any more!
I can share with you the system I have developed that has worked consistantly for me in the silver market.
Anonymous Coward
User ID: 24547360
United States
11/03/2012 07:16 PM
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Re: I have been trading forex for over a year and I have yet to make any more!
I can share with you the system I have developed that has worked consistantly for me in the silver market.
 Quoting: Anonymous Coward 1176916


Probably more of us are interested than just the OP
Anonymous Coward
User ID: 26940856
Turkey
11/03/2012 07:21 PM
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Re: I have been trading forex for over a year and I have yet to make any more!
I can make a computer software which is able to guess forex markets from 1 week ago.

But forex markets seems illegal to me. I prefer to make money with legal jobs.
3
User ID: 24791402
Australia
11/03/2012 07:53 PM
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Re: I have been trading forex for over a year and I have yet to make any more!
Stop trying to get rich quick by gambling and help to create some real wealth instead.
 Quoting: Anonymous Coward 26703111


It's not gambling, it's just takes skill..
It's not the casino or the track,also far better risk reward than stock-markets.
Whats real wealth?
Only real wealth is planting your own food and becoming self sufficient and living in the real world..
 Quoting: 3 24791402


It's gambling!!!!...........but if you want to kid yourself it's not - whatever!

Wealth is created by adding VALUE.
 Quoting: Johnny Be Good


It's not gambling, people take more of a gamble going to work for idiots and having a ridiculous mortgage based on job security.

Wealth is created by having wealth..

many large financial institutions around the world, and indeed individual traders, make consistent profits from trading forex markets, so you can be pretty sure that they're not gambling away huge amounts of money every day at random.

Because you can't do it doesn't mean it's gambling..
Anonymous Coward
User ID: 26905923
11/03/2012 07:58 PM
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Re: I have been trading forex for over a year and I have yet to make any more!
Stop trying to get rich quick by gambling and help to create some real wealth instead.
 Quoting: Anonymous Coward 26703111


It's not gambling, it's just takes skill..
It's not the casino or the track,also far better risk reward than stock-markets.
Whats real wealth?
Only real wealth is planting your own food and becoming self sufficient and living in the real world..
 Quoting: 3 24791402


It's gambling!!!!...........but if you want to kid yourself it's not - whatever!

Wealth is created by adding VALUE.
 Quoting: Johnny Be Good


It's not gambling, people take more of a gamble going to work for idiots and having a ridiculous mortgage based on job security.

Wealth is created by having wealth..

many large financial institutions around the world, and indeed individual traders, make consistent profits from trading forex markets, so you can be pretty sure that they're not gambling away huge amounts of money every day at random.

Because you can't do it doesn't mean it's gambling..
 Quoting: 3 24791402


If they all win, then who loses?
3
User ID: 24791402
Australia
11/03/2012 08:29 PM
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Re: I have been trading forex for over a year and I have yet to make any more!
...


It's not gambling, it's just takes skill..
It's not the casino or the track,also far better risk reward than stock-markets.
Whats real wealth?
Only real wealth is planting your own food and becoming self sufficient and living in the real world..
 Quoting: 3 24791402


It's gambling!!!!...........but if you want to kid yourself it's not - whatever!

Wealth is created by adding VALUE.
 Quoting: Johnny Be Good


It's not gambling, people take more of a gamble going to work for idiots and having a ridiculous mortgage based on job security.

Wealth is created by having wealth..

many large financial institutions around the world, and indeed individual traders, make consistent profits from trading forex markets, so you can be pretty sure that they're not gambling away huge amounts of money every day at random.

Because you can't do it doesn't mean it's gambling..
 Quoting: 3 24791402


If they all win, then who loses?
 Quoting: Anonymous Coward 26905923


The markets aren't about winning, allot of trades are transfers of money. For example, it permits a business in the United States to import goods from the European Union member states especially Eurozone members and pay Euros, even though its income is in United States dollars.
Also many huge trades for many other reasons not based on buying high or low.

"Foreign exchange market" forex
Wookiee666

User ID: 26924161
United States
11/03/2012 08:29 PM
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Re: I have been trading forex for over a year and I have yet to make any more!
Yeah its hard shit.
 Quoting: Anonymous Coward 25744813


No it isn't. You just have to know how to do it.
And if you don't, then you have to follow someone who does.

Look up shrewd trading dot com. He's got a great trading record right now - he actually offers a service where you can follow him called "shrewd trader."

A lot of people follow educators - but these educators don't actually trade - and the follower inevitably lose money.

This guy actually trades and you're allowed to see his current trades - he tells you when he gets in and out. It's a great service.
 Quoting: Anonymous Coward 26741443


Thanks for that info!

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