Welcome to the Traders Laboratory.

Automated Trading Black box systems, strategy automation, algorithmic trading, etc...

Like Tree1Likes
Reply
Old 07-05-2013, 04:03 AM   #1

Status: Banned
Join Date: Aug 2012
Posts: 24
Ignore this user

Thanks: 0
Thanked 2 Times in 2 Posts

How to Make Money on Forex

The most frequently discussed topic among forex traders is how to get rich quickly. Traders areconstantly looking for strategies that can earn hundreds of percent per month. Many of the forextraders increase the profitability of the strategy increases the risk to unacceptable limits. Many of theforex traders increase the profitability of the strategy increases the risk to unacceptable limits. Thisapproach very often leads to the destruction of the deposit, and trade in the forex market becomes agambling. Read more: http://www.scribd.com/doc/150492602/...Money-on-Forex
vic2 is offline  
Reply With Quote
Old 08-02-2013, 08:52 PM   #2

Join Date: Aug 2013
Posts: 6
Ignore this user

Thanks: 0
Thanked 0 Times in 0 Posts

Re: How to Make Money on Forex

I agree with you. There are lots of people who think that Forex is such a market where it is possible to become rich within very short period of time. At the end of the day they lost their all money. I would like to suggest to all the newbie that if you really want to sustain in this market then you need to practice demo trading for at least 2 month. Within this period you would become familiar how to trade. More importantly you would also find your own mistake at that time. It would help you immensely when you start real trading.
michael77 is offline  
Reply With Quote
Old 08-09-2013, 04:14 AM   #3

Join Date: Jul 2013
Posts: 7
Ignore this user

Thanks: 0
Thanked 1 Time in 1 Post

Re: How to Make Money on Forex

Making money in forex is easy guys,,
I've been trading in lite fx and gaining hundreds of dollar every weeks...
The first you do are:
1. join and open account in lite broker
2. Register in moneybooker to deposit fund to the broker
3. Learning how to operate meta4
4. Learning how to trade
5. Start making money there..

success for you...
Mark9568 likes this.
hermawati is offline  
Reply With Quote
The Following User Says Thank You to hermawati For This Useful Post:
Mark9568 (08-23-2016)
Old 02-04-2015, 01:11 PM   #4

Join Date: Jan 2015
Posts: 35
Ignore this user

Thanks: 1
Thanked 3 Times in 3 Posts

Re: How to Make Money on Forex

Factors like emotions and slippage cannot be fully understood and accounted for until trading live. Additionally, a trading plan that performed like champ in backtesting results or practice trading could, in reality, fail miserably when applied to a live market. By starting small, a trader can evaluate his or her trading plan and emotions, and gain more practice in executing precise order entries without risking the entire trading account in the process.
tradelab03 is offline  
Reply With Quote
Old 04-27-2015, 08:17 PM   #5

Join Date: Apr 2015
Posts: 262
Ignore this user

Thanks: 0
Thanked 2 Times in 2 Posts

Re: How to Make Money on Forex

Quote:
Originally Posted by hermawati »
Making money in forex is easy guys,,
I've been trading in lite fx and gaining hundreds of dollar every weeks...
The first you do are:
1. join and open account in lite broker
2. Register in moneybooker to deposit fund to the broker
3. Learning how to operate meta4
4. Learning how to trade
5. Start making money there..

success for you...
this sounds so simple, but I would love if you could elaborate on the point 4
pro4Xtrader is offline  
Reply With Quote
Old 06-12-2015, 06:39 PM   #6

Join Date: Jun 2015
Posts: 6
Ignore this user

Thanks: 0
Thanked 0 Times in 0 Posts

Post Re: How to Make Money on Forex

Trading is the game of probability. So here to make profit consistently we need a god trading strategy and choose proper risk/reward ratio and risk management suit with that strategy.

If we can established it we can make profit manually or even we can make profit by making that strategy automated.

Some people profitable with 30% hit strategies and some people even loser after having 70-80% profit hit rate. So success not depends only on good trading system but also depends proper risk management.
DriveExpertAdvisors is offline  
Reply With Quote
Old 06-06-2016, 06:27 AM   #7

Join Date: Apr 2016
Posts: 101
Ignore this user

Thanks: 0
Thanked 3 Times in 3 Posts

Re: How to Make Money on Forex

In order to answer this, one needs to understand where he is at current point. The best you can do, is accept that becoming a professional trader usually takes years and you will need to treat it like a business.
CrazyCzarina is offline  
Reply With Quote
Old 06-06-2016, 12:03 PM   #8

Join Date: Jun 2015
Posts: 153
Ignore this user

Thanks: 1
Thanked 1 Time in 1 Post

Re: How to Make Money on Forex

You just take money - and make them! Seriously though, it's not that different from stock trading, except for the lack of information, perhaps.
JoelDarr is offline  
Reply With Quote

Reply

Thread Tools
Display Modes Help Others By Rating This Thread
Help Others By Rating This Thread:

Similar Threads
Thread Thread Starter Forum Replies Last Post
How to Make Money Hedging? philmg Beginners Forum 8 12-14-2012 07:14 AM
How to Make Money in Forex leenora46 Beginners Forum 4 10-02-2012 03:20 AM
Do NOT Try to Make Money Trading!! Tradewinds Trading Psychology 21 04-09-2011 12:02 PM
Can't Make Money After 11:00! youngsequan Beginners Forum 12 12-01-2010 01:22 PM
How You Make Money Trading Forex keegan99k9 Forex Trading Laboratory 14 07-12-2007 12:08 PM

All times are GMT -4. The time now is 03:43 PM.
Copyright ©2000 - 2018, Jelsoft Enterprises Ltd.
CS to VB integration by DeskLancer
2006-2011 Traders Laboratory, All Rights Reserved.