Forex Advice

rockers86

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Hey people,

I am trading in Frorex for past 2-3 years. I only trade in EURO/USD. I try to trade very carefully following my instincts but still not able to make enough profits, for you to understand in I make 20 trades in a month 10 are of loss and 10 are of profit. So it sums up to a profit of 2-3% of the total value or at times it ends up in loss. Will anybody help me in this matter?
 
My advice to you is to leave it :)

But I'm also a naysayer when it comes to trading anything. Invest in something instead, like stocks you believe in.
Look into swingtrading as well, I find that much more worthwhile and do it myself, but I don't really consider it "trading" as I buy when I know good news are upcoming, sell after the news-pump happen.
 
Thread moved.
 
I don't think there is a solution + if you are using leverage RIP. Maybe you should look into stocks dividend capture , search the method and you will find it.
 
I don't think there is a solution + if you are using leverage RIP. Maybe you should look into stocks dividend capture , search the method and you will find it.
Honestly there's no point in dividend stocks unless you got big capital. Alternatively - you save a lot of money each month. This is the only way they can pay off really, 2% yearly return isn't really worth it imo.
 
Honestly there's no point in dividend stocks unless you got big capital. Alternatively - you save a lot of money each month. This is the only way they can pay off really, 2% yearly return isn't really worth it imo.
No , I'm not talking about holding the stock for a long time,If you search the dividend capture strategy you will understand. Basically you get the stocks when they announce when the dividend gonna be captured and paid
 
always maintain your money management system like take trade only 3% of your initial deposit each day. may you will win or lose. always take a position at either resistance level or support level. when you trade 3% of each day you can double your deposit in a month. for each trade, you should not take position consecutively.

Good time to trade in EUR - at 2.30 to 3 PM IST
Good time to trade in USD - at 9 PM IST

Small Calculation even you failed you can hold your initial deposit
Initial deposit -$100
trade amount - 3$ (you can either take $1 for three-time or $3 in one time)
if you lose two times in a day don't take any position on that day.
probably you can add at least 50% of profit each month.
 
I am trading in Frorex for past 2-3 years. I only trade in EURO/USD. I try to trade very carefully following my instincts but still not able to make enough profits, for you to understand in I make 20 trades in a month 10 are of loss and 10 are of profit. So it sums up to a profit of 2-3% of the total value or at times it ends up in loss. Will anybody help me in this matter?
You didn't really tell us anything so there is no way to help you out. Forex is a slow market that moves in slow motion, so if you're trading on short time with leverage then you're just gambling and there is nothing we can do to help you.
If you want some help, tell us more about how you trade. Daily, weekly ? averages ?

Also the eur.usd seem to swing for 3weeks+ at a time, so i'm not sure where you're getting your 10 trades from. :D

probably you can add at least 50% of profit each month.
I'm not sure in what world you think he can do 50% per month, we should give him more realistic expectations.
 
My advice to you is to leave it :)

But I'm also a naysayer when it comes to trading anything. Invest in something instead, like stocks you believe in.
Look into swingtrading as well, I find that much more worthwhile and do it myself, but I don't really consider it "trading" as I buy when I know good news are upcoming, sell after the news-pump happen.
Well thanx for the advice.. But I would prefer fighting than running..
 
I don't think there is a solution + if you are using leverage RIP. Maybe you should look into stocks dividend capture , search the method and you will find it.
Didn't understand anything. Sorry
 
always maintain your money management system like take trade only 3% of your initial deposit each day. may you will win or lose. always take a position at either resistance level or support level. when you trade 3% of each day you can double your deposit in a month. for each trade, you should not take position consecutively.

Good time to trade in EUR - at 2.30 to 3 PM IST
Good time to trade in USD - at 9 PM IST

Small Calculation even you failed you can hold your initial deposit
Initial deposit -$100
trade amount - 3$ (you can either take $1 for three-time or $3 in one time)
if you lose two times in a day don't take any position on that day.
probably you can add at least 50% of profit each month.

Well this sounds helpful.. I will definitely try and learn more from you. . Are u an INDIAN citizen too?
 
You didn't really tell us anything so there is no way to help you out. Forex is a slow market that moves in slow motion, so if you're trading on short time with leverage then you're just gambling and there is nothing we can do to help you.
If you want some help, tell us more about how you trade. Daily, weekly ? averages ?

Also the eur.usd seem to swing for 3weeks+ at a time, so i'm not sure where you're getting your 10 trades from. :D


I'm not sure in what world you think he can do 50% per month, we should give him more realistic expectations.
Yes tell me how can you help me? And tell me what all you want to know?
 
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