From $1 to Million - Forex Journey

newbie272727 said:
Can you suggest me site to learn fx from basics
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I can't because I realised that everyone I followed was a fraud, bought some course that were unable to provide what they promised.

My suggestion :

Learn about the flag strategy and pennant strategy and master them, if you do intraday trading, I think you should follow the trend, I never heard of any counter trend trader on the intraday so better stick to a follow the trend strategy :)
 
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Willyfish said:
I can't because I realised that everyone I followed was a fraud, bought some course that were unable to provide what they promised.

My suggestion :

Learn about the flag strategy and pennant strategy and master them, if you do intraday trading, I think you should follow the trend, I never heard of any counter trend trader on the intraday so better stick to a follow the trend strategy :)
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I am grateful for the information
 
Would like to see you in octafx
They have Copytrading feature
I would love to invest my $50 if you were in octafx
 
You can do this with uniswap and all the scammy shitcoins that pump x10 x30 x100 in a day, but with forex I'm afraid it's just a dream. Good luck though
 
ashish2112 said:
Would like to see you in octafx
They have Copytrading feature
I would love to invest my $50 if you were in octafx
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I don't think there has been any new movement on his trading account for some time now or maybe I am wrong.

octafx does not have such a good reputation on forexpeacearmy and their regulating body is the SVGFSA. I would be very careful using such brokers.
 
kweiss said:
I don't think there has been any new movement on his trading account for some time now or maybe I am wrong.

octafx does not have such a good reputation on forexpeacearmy and their regulating body is the SVGFSA. I would be very careful using such brokers.
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Yeah octafx is regulated by CySEC which isn't that secure
Though I have few dollars to invest and would love to be a part of the journey so thought copytrading will work
Well it's all upon OnlineA if he moves I will invest then as I have an account on octafx
I have invested $100 before on a octafx mastertrader and that was disaster lost all
 
The old account died due to overleverage at $80...so started a new one recently. So far $1 to $61 in 10 days, so off to a good start. Need to bring this one to $100 and over to be able to trade safer.

f1tm.png
 
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Actually, starting with $1 and then trading up in increments is a good idea to train the mindset and discipline which is the basis for any successful trading career. Most people start gambling after a short while. Following!
 
Songhort said:
Actually, starting with $1 and then trading up in increments is a good idea to train the mindset and discipline which is the basis for any successful trading career. Most people start gambling after a short while. Following!
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Yes, this is not an account to live off...this is purely psychology training...nothing teaches you more than being under enormous stress(the money is little, but the thought of blowing up the account, I worked so hard for, is the stressful part) when opening a trade. When I trade low leverage on my other accounts then, it feels like being on vacation. :)
 
kweiss said:
PA is king! I am entering my 8th year of trading. Took me 4 to 5 years to realise the power of PA. Only then did I start making money.

I am on a similar journey but I started with 1K EUR
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Hello there ! What is PA ??? mind if you explain ? i am following this thread with interest.
 
Starting with 1$ is extremely hard. Besides, which broker allows you to deposit 1$?

Tip for everybody else:
  1. Stay away from heavily marketed brokers: if they can afford high volume marketing, you are definitely paying for it (in commissions).
  2. The said brokers usually dictate prices themselves (simulated), hence manipulating prices to hit SL. They don't care about you making money. Some of these are partially eToro, Plus500.
  3. Be disciplined. It is the ONLY secret to be successful in trading. Strictly follow your rules and never break them (aka. move your stop losses).
  4. A missed out trade is better than a lost one. Don't fear of missing out.
  5. Buy low, sell high. Wait for it, be patient. Don't fear of missing out.
  6. Think out of the box. It's a place where big fishes make money out of YOU.
+7000%, regardless the equity, it's a sign of irresponsible gambling
 
C4rnage569 said:
so far ive seen you turn $1 to $75 and then lose it, then $1 to $65... wow
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First one went to 80, then crashed. This new one I need to bring over 100, will be safer then.
 
I finally broke above $100!!! In less than 30 days!

fotm101_2.png
 
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