A question for those who are making money on forex. - page 17
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The absence of these, in order to gain confidence in a partner, involves moving into a personal relationship.
Through a monitor, even with glasses, one cannot draw conclusions about the qualities of a mate from the content of a website.
I see, you want the checkers...
... And - about the meter, please - will it be a time-based meter or will it charge for the distance travelled?
Hello! I've heard (read) that some of the forum participants manage to earn, and they write that they have to study (trade forex) for 4-5 years to do that. 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 am trading 1 year and 3 months. Profitability - from 7% to 18% per month from securities, reinvestment - 50%, reals in 3 different brokerage companies. My strategy and Expert Advisor have been puzzling over my head for 4 years. My superstition and lack of gambling made me trade manually, as my strategy is very difficult to implement.
About timeframe: Expert Advisor is self-adjusting and automatically adjusts parameters of filters settings after each received bar. Usually it turns out (not all the time) that the lower the timeframe, the stronger autotuning of the filter is, on average, therefore:
As a result of testing - At timeframes from M1 to H1 the results are practically (still a full hour error) identical, entry/exit moments are the same. From H4 there are less deals and profit decreases but percentage of profitable deals becomes higher (strange as it may seem). Therefore I stopped at H1.
Number of deals on the average 1.4 per day.
Only MACD is used as an auxiliary indicator.
Hello! I've heard (read) that some of the forum members are making money
"A question for those who are making money in forex."
I think the topic starter appeals to obviously not me for the following reason.
I think this question is not for me, it is for those who are good at making money on Forex.
I believe the sources of income are very different for DCs and exchanges as well as for exchanges and VC traders.
Exchanges, assuming they live off commissions, compete among other exchanges, not just by offering to trade a particular asset, but by simply "being able to trade any asset", i.e. if the RTS suddenly hikes the commission, there is no reason why a speculator could not "trade" on a Western exchange.
Therefore, the upper bound of exchange commissions is the competitive commission plus the cost of switching exchanges.
The lower bar is the costs of the exchange for executing trades.
Where are these fees of brokerage companies? - The upper bar is still the same competitive spread, but the competition is not among exchanges, but among kitchens. Since the account opening threshold for exchanges is much higher than the threshold for opening an account with , it is obvious that the upper bar of BC's "commission" will absolutely always be higher than on the exchange, since the kitchens have a clear advantage in terms of ease of account opening.
Exchange traders mainly live due to the fact that they are liquidity providers.
The lower the costs (exchange commission), the higher their profit. The traders on the exchange are an integral mechanism, without which market cannot become liquid. The fewer speculators on the exchange - the lower the liquidity, but the higher the profit of the speculator who decided to "work" on the market.
In an absolutely liquid market the speculators oversaturate the market with liquidity, i.e. they oversaturate the market with their speculative algorithms, and it becomes difficult to make money on the exchange, and in an ideal market it is impossible, because absolutely all strategies have their capacity.
So who are the "kitchen traders" and where can their income come from?
Can kitchen traders earn in a perfectly liquid market where the upper cost bar is much higher than on the exchange, and the lower cost bar is certainly not lower (VCs hedge in the real market anyway).
Yes and no. Yes because absolutely liquid markets do not exist and there are some in which algorithms work, and no - because even if you find an algorithm, you are most likely not the only one who has found it and on the exchange it would bring more profit, therefore it may be actively used on the exchange and profitable, but over time the profitability decreases, so it becomes unprofitable in kitchens because of the costs of trader in the kitchen.
In other words - the trader on the exchange is an objective reality, a physical object that can be touched and can earn.
And the earning trader in the kitchen is a mythical entity passing from mouth to mouth of readers of books in a beautiful cover, and seminars of CA. Obviously, the world is divided into believers and non-believers, so the myth in some sense will still be part of our world.
From a scientific point of view there is no reason for a trader to have long term earnings in kitchens. The mate expectation of winning in a closed system where involved:
"Exchange",
"Trader (liquidity provider)",
"Trader (liquidity consumer)",
"Kitchen",
"Kitchen Trader".
shifted towards "Exchange", "liquidity provider" and "kitchen".
The losers are liquidity consumers and kitchen traders.
By addressing the question to people earning at "kitchen forex" you are practically addressing it to people winning at the casino.
Statistically, if a person plays in a casino, but not for long, they have a chance to win by chance.
Думаю топик стартер обращается явно не ко мне по ниже изложенной причине.
Then why did you write so much boo-boo, which is also very controversial and unclear? Not good.
Then why did you write so much boo-boo, which is also very controversial and unclear? Not good.
Another giraffe. Yes.
anyone can say yes - give us the investor password - we'll log in and say yes - spider-ass makes money on forex, not just browsing the threads and being smart.