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Re: Is forex trading really worth it?

4
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.
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Re: Is forex trading really worth it?

10
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. :)
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