If you do not know what Pro Funds are, that means you are not up to date regarding the forex industry. If you 95% lose money, there are still 5% that successfully make money. If that is the case, do you want to tell me that no one will be able to join the 5% that make money? That is a food for thought for you.
Starting to Learn Forex/Trading from 1st August
- Thread starter sscaz
- Start date
If you do not know what to say about the subject matter, why dont you just stay away instead of coming here to come and make an irrelevant post, just to push up your message count.Stay away from this.
Start learning and setup a blog of site.
Post your tutorial, skills and make money from affiliate programs.
Another people's will do trade for you.
They lost or win whatever.
You will make money
Sometimes the misinformation in the threads of this forum is embarrassing .
First of all those who state that the loss rate is 90% are not up to date , the new estimates give loss rates around 70% .
Another mistake that makes you realize how ignorant you are on the subject is comparing trading to gambling , the right thing to say is that trading can become a game of chance if done without any competence nor rules .
Regarding regulated and unregulated Cfd brokers , there are those who have written that all brokers operate as M.M . , actually what happens is that Brokers make an assessment on the trader's strategy , if the latter turns out to be profitable be sure that your trades will go to market .
If your strategy is losing then the broker will be your counterpart because doing so will earn the money you would give " to the market " anyway .
One of the main difficulties in trading Forex is the lack of an order book , since forex is a decentralized market .
Having said that , the real connoisseurs of micro and macro finance , people who can read charts and with a lot of experience , I can assure you that they make a lot of damn money .
The only true thing I have read is that trading the serious one is really complex and requires a lot of study and a lot of skills but if you learn how to do it rest assured that you have learned what will be a job in its own right .
First of all those who state that the loss rate is 90% are not up to date , the new estimates give loss rates around 70% .
Another mistake that makes you realize how ignorant you are on the subject is comparing trading to gambling , the right thing to say is that trading can become a game of chance if done without any competence nor rules .
Regarding regulated and unregulated Cfd brokers , there are those who have written that all brokers operate as M.M . , actually what happens is that Brokers make an assessment on the trader's strategy , if the latter turns out to be profitable be sure that your trades will go to market .
If your strategy is losing then the broker will be your counterpart because doing so will earn the money you would give " to the market " anyway .
One of the main difficulties in trading Forex is the lack of an order book , since forex is a decentralized market .
Having said that , the real connoisseurs of micro and macro finance , people who can read charts and with a lot of experience , I can assure you that they make a lot of damn money .
The only true thing I have read is that trading the serious one is really complex and requires a lot of study and a lot of skills but if you learn how to do it rest assured that you have learned what will be a job in its own right .
I don't think it's as simple as you say , I was introducer broker for a while but I assure you the money I made was more than hard-earned .
I would love for you to prove me wrong .
Setox
Elite Member
- Apr 30, 2015
- 2,430
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You probably quoted the wrong person, re-read what I wrote.
You wrote that it is much easier and less risky to do affiliation by promoting trading/forex and that you make much more money than an experienced trader .
I think this is absolutely not true and I say this from personal experience since I have done trading/forex affiliations , I made money but it was not easy at all .
Setox
Elite Member
- Apr 30, 2015
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Wow, you read between lines, that's too much for "more profitable" which I mentioned, I didn't delve into any details about trading.
As for affiliation, that's your experience, I know someone who make 6 figures of net profit a month, and they spend less than $2000 month on their blogs, that's the point I was referring to : You need less up front investment.
I know people who make six figures selling Chinese plastic slippers .
Your example makes no sense , I hope you realize that .
There are a million factors that can make one type of business more profitable than another , there is no ABSOLUTE rule as you want to imply .
Setox
Elite Member
- Apr 30, 2015
- 2,430
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Again I will mention the point I was referring to : "UP FRONT INVESTMENT" needed to make six figure trading Vs making the same amount promoting trading/Forex offers.
Have you ever heard of FTMO or My Forex Funds ?
I spent $500 , I had to pass a challenge , it's not super easy and it takes some time but now I have an account of 100k , of course it's not mine but the profits I share with Prop Firm who keep 20% at each payout , so by doing that I was able to pay myself the second challenge always for an account of 100k and always with the money earned legally I paid myself a challenge for an account of 300k that I'm still facing .
After wasting months following the non-advice taken in this blog and not pocketing a single penny , with my only skill and risking $500 I am creating a legal business and based on knowledge of economic markets .
Oh I forgot after passing the challenges the accounts I maintain them with minimal manual effort .
I would like to know with $500 and the " skills " that you learn in this blog what you can do well in 2023 .
- Quote - There is none so deaf as he who will not hear .
sscaz
BANNED - Discussion of Prohibited Activities
- Jul 18, 2022
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When you wish others bad it usually happens back at you clown
@Setox I thought you were an adult , evidently you are a frustrated kid , locked in your room .
Read child and these are not false like the ones you are used to .
https://www.trustpilot.com/review/myforexfunds.com
Read child and these are not false like the ones you are used to .
https://www.trustpilot.com/review/myforexfunds.com
Inem2
Supreme Member
- May 27, 2022
- 1,244
- 420
i am interested in sport trading too, would appreciate you sharing your winning strategy via pm if you do not mind
sscaz
BANNED - Discussion of Prohibited Activities
- Jul 18, 2022
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I can't it can get saturated.
sscaz
BANNED - Discussion of Prohibited Activities
- Jul 18, 2022
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Trustpilot don't mean shit
Setox
Elite Member
- Apr 30, 2015
- 2,430
- 4,673
Ok, so we started this talking about entry barriers for Forex Trading Vs Promoting Forex offers.
Then you surprised everyone here with a service that you claim turned your $500 to 100K, which I can't careless about as I'm not into Trading.
Then we ended up here with you assuming I'm a child locked in a basement Lol, this has escalated so quickly, what a day !.
hdigitalagency
Regular Member
- Dec 29, 2022
- 359
- 110
Best of luck mate