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Is forex trading really worth it?

Posted: Thu Jul 08, 2021 1:57 am
by MauMar
I have been trading forex for a while now but I have not had any success. Is forex trading really worth it?

Re: Is forex trading really worth it?

Posted: Thu Jul 08, 2021 2:47 am
by vuongnet
MauMar wrote: Thu Jul 08, 2021 1:57 am I have been trading forex for a while now but I have not had any success. Is forex trading really worth it?
Hehehee.

I couldn't use indis which I downloaded. ( About 90% ). They were repaint indis or failed indis ( false signal ).

You should study MQL4 please.

Re: Is forex trading really worth it?

Posted: Thu Jul 08, 2021 2:50 am
by Cladi39
How long did you practice? beacouse take me 6 years to be peofitable.

Re: Is forex trading really worth it?

Posted: Thu Jul 08, 2021 3:27 am
by ChuChu Rocket
MauMar wrote: Thu Jul 08, 2021 1:57 am I have been trading forex for a while now but I have not had any success. Is forex trading really worth it?
It took me 4 years to become profitable.

What changed things was when I stopped trading smaller timeframes and started trading the daily chart.

Ever notice how accurate indicators and technical analysis is on the daily chart and above?

That's where the money is.

Re: Is forex trading really worth it?

Posted: Thu Jul 08, 2021 3:43 am
by Deez
I started trading when I joined Forex station, that was in 2017. I trade smaller timeframes and only started being profitable this year. So that's around 5 years...so yeah, it does take some time.

Re: Is forex trading really worth it?

Posted: Thu Jul 08, 2021 6:02 pm
by Krunal Gajjar
after passing trough different Books, podcasts, research reports, trading systems, indicators, formulas, coding, testings...

It took me 5 years to be profitable...

Re: Is forex trading really worth it?

Posted: Fri Aug 06, 2021 4:10 am
by HeavLeighGill
I think it’s worth it IF you’re really dedicated and willing to put in the effort. It definitely isn’t a super easy way to get rich like a lot of people think.

Re: Is forex trading really worth it?

Posted: Mon Aug 09, 2021 3:16 pm
by Swiss_cheese
In my opinion YES, but I can understand that it may not be for everyone! It can be tough at times, but if you have the right strategy, well worth it

Re: Is forex trading really worth it?

Posted: Wed Aug 18, 2021 6:40 pm
by TraderMartin
Yes, it is going to be worth it if you'll trade with proper knowledge about the market.

Re: Is forex trading really worth it?

Posted: Wed Aug 18, 2021 7:53 pm
by 太虚一毫
viewtopic.php?f=578267&t=8474290&p=1295 ... 1295441691

Such questions are asked all the time by the whole world. Everyone has asked. There is a song in China called "A Thousand Times of Questions".
There is a "two-eight law" in economics (for stocks, futures, etc.). In my opinion, it should be called the "law of nine". Really successful people, up to 10%.

1.交易外汇,是有钱人的游戏。
2.如果你没钱,你得有很多的空闲时间。生活有保障的“富贵闲人”可以交易外汇。
3.如果你既没有钱,也没有很多空闲时间,那你得有运气。
4.如果你有好运气,那就玩非农、议息会议等5星级事件,赌暴涨暴跌,也许可以一瞬间发大财。
5.如果你连好运气也没有,那你得有高学历。有了高学历,可以不必自己交易,而靠“行骗”、写文章忽悠别人交易,也能发财。
6.如果你没有高学历,你得有慧眼,看得出来网上免费的交易系统,哪些靠谱,哪些不靠谱。如果能找到靠谱的免费交易系统,也可以勉强入市赚些小钱。
7.如果连慧眼也没有,那还是退出外汇交易市场吧。

If there is no free time, do not play foreign exchange trading. There is a lot of free time, which is the most basic prerequisite for trading foreign exchange. :)