A question for those who are making money on forex. - page 3

 
sanyooooook:
))), to be honest, I was not particularly interested, but still show me where these transactions are registered?

I'm not very good at this, so I guess I can't say.

But in a conversation with the managers of two brokerage companies this topic kept popping up, saying that if anything happens, we register trades at the St. Petersburg Stock Exchange and MICEX, and it's a no-brainer.

The only thing I do remember is pluses in the names of "tariff plans".

 
Swetten:

I'm not very good at this, so I guess I can't say.

But in a conversation with the managers of two brokerage companies this topic kept popping up, saying that if anything happens, we register trades at the St. Petersburg Stock Exchange and MICEX, and it's a no-brainer.

The only thing I remembered was the pluses in the names of "tariff plans".

Like gypsies rounded up yes ))). What shoulders did they offer?
 
sanyooooook:
Like gypsies rounded up yes ))). What kind of leverage were they offering?

The usual ones, from 1:100 and under, depending on the size of the deposit.

Chambers don't seem to be kitchens, one of them -- which are stingy.

:)

 
Swetten:

The usual ones, 1:100. The offices aren't like kitchens, one of them -- which are stingy.

:)

Ask them what bank would give you a $99000 () loan when you open 1 lot in Eurodollar with that kind of leverage.
 
sanyooooook:
And ask them what bank gives you (almost interest-free and quite possibly open-ended) credit of $99000() when you open 1 lot in Eurodollar with that kind of leverage.

Nah, ask your own stingy people.

I value my health as a memory.

:)

 
Shniperson:

But the pro traders I talk to do not know a single trader who makes money on forex...


You go to Eurovet, all the "pros" are there, and so are the pictures of the indicators.
 
Shniperson:

Hello! I heard (read) that some of the forum participants are able to make money, and they say that they need 4-5 years to learn (to trade forex). What is the question, on what TF do you trade? How often do you make transactions? What is the lifetime of these deals? What indicators do you use when performing a deal? And do you use them at all?

I have experience in trading on MICEX and I communicate with many successful traders. On average, only 1 out of 20 trainees manages to earn on exchange. But the pro traders with whom I communicated do not know any trader who earned on Forex. Although on the stock exchange for many instruments the put has no special importance (for example, Gazprom or futures on RTS). In Forex there is no market rate, so why is it more difficult to earn there than in futures trading on the index? After all, in fact both of them have only a simple chart (the futures market is not so important)?


It turns out to earn only on a long term and only at a reliable broker... You only have to learn how to stay in control, the rest is described in books (don't read books for the last 10 years!!!)

From your questions only one can help - the lifetime of the transactions at least six months!

To be fair, I have to admit that my friend managed to earn big volumes on the news (while he almost ruined Saxobank and my favourite Oanda (Saxobank just did not pay him the lion's share... oanda paid out but asked to close the account)) - now he is my boss and no longer trading... :) But his strategy is closer to meditation and the 10 commandments than forex...

Glad i could be of some comfort...

 
moby_dick:


You can only make money on the long term and only with a reliable broker... You only have to learn how to keep your stamina, the rest is described in books (don't read books for the last 10 years!!!)

From your questions only one thing can help - the lifetime of the trades is at least six months!

To be fair, I must admit that my friend managed to earn large volumes on the news (at the same time he almost broke Saxobank and my favourite Oanda (Saxobank simply did not pay him the lion's share... oanda paid out but asked to close the account)) - now he is my boss and no longer trading... :) But his strategy is closer to meditation and the 10 commandments than forex...

Glad if I could be of some consolation...

You gave examples of two extremes - long term and large volumes on the news. In my opinion, the first one is not typical of forwards (mostly), even among professionals (we are talking about six months and more). The second is a well-known fact, which brokers warn about in advance. So it is an honor to brokerage companies that paid profit to your friend).

In general, I do not understand why many are afraid and scare others with big lots, pips, etc. Today it's an anachronism, because there are brokers with professional platforms that offer fantastic execution conditions, liquidity, spreads, etc. You do not have to pipsqueak. If you work for MT, you have to be patient and not too cocky, that's all. But I know some people who trade 50 lots with MT too, and don't suffer from paranoia and conspiracy phobias.)

 
OnGoing:

Nowadays, this is an anachronism, because there are brokers with professional platforms that offer fantastic conditions for execution, liquidity, spreads etc.

I would like to ask your question in more detail.

You may ask in a personal message.

 
Swetten:

Can you elaborate on that point?

Can I have a word in private?

No problem.