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How to make money in Forex

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Sep 18, 2012 01:06 pm
#1

Posts: 4
Member since: 05/09/2012

Hello,

I am interested in hearing your trading strategies

Please share with me as I am a newbie in the Forex industry

Thank you

Sep 18, 2012 01:27 pm
Champ User

Posts: 711
Member since: 17/05/2011

For trading systems, you can use free forex trading systems section of this forum. But if u want to do manual trading and want manual trading strategies then I think u should practice on ur own. There r countless strategies and countless EAs. But if u want to learn forex, u will have to start from scratch bcoz those strategies and EAs work only for those who made them.

If u dun have time to learn forex (bcoz of full time job or study) then start autotrading.

http://www.fxstat.com/widget/link?t=tiny&c=1&s=24959&o1=growth&o2=drawdown&o3=profitfactor

Sep 18, 2012 03:40 pm
farabe90 User

Posts: 1
Member since: 18/09/2012

I think if any one want to earn from forex than he or she have to know about forex and have to know how to use it and main thing is that they have to control there emotions.

Sep 19, 2012 02:01 pm
Sasha User

Posts: 836
Member since: 16/05/2011

Originally posted by jonesryan992

Hello,

I am interested in hearing your trading strategies

Please share with me as I am a newbie in the Forex industry

Thank you



hmm, For trading strategies, refer to free forex EAs section of fxstat forum and u can ask specific questions there. 

Sep 21, 2012 11:07 am
DDTrader Mirrorbeta

Posts: 38
Member since: 12/06/2012

Well "Autotrading" can be considered a strategy in Forex. You would not have to learn or read about Forex as there is soo much to learn and read about so doing what others are already doing successfully is a strategy you could consider.

And you're in the right place to copy the trades of other successful traders. Good luck!

Oct 04, 2012 11:55 am
russell User

Posts: 3
Member since: 04/10/2012

Nice information provide to the beginners in the forex.Forex market has giving a hefty amount of turnover with every new day it is virtual basis business.Everyone can participate and join trading without any discrimination.

 

 

 

Forex

Oct 05, 2012 01:31 pm
Jogi User

Posts: 685
Member since: 06/06/2011

In my opinion dun search for strategies. You have two options to make money in forex. 

1- Practice ur self and become a pro.
2- Follow an expert. 

Once u choose one of these options then more decisions r to be made according to that option :).

http://www.fxstat.com/widget/link?t=wide&c=1&s=26883&o1=growth&o2=drawdown&o3=monthly&o4=equity

Nov 09, 2012 10:17 am
bbasiit123 User

Posts: 53
Member since: 09/11/2012

By reading first some expert written books to predict the future moves of the market like JOe DINapoli levels, by this you will understand levels and will be able to make successful analysis.

Nov 17, 2012 07:36 am
bbasiit123 User

Posts: 53
Member since: 09/11/2012

It only requires your own mental knowledge about forex so do it demo first and then when your perfect come to real trading you will make your own senses in forex.

Oct 09, 2013 10:11 pm
sugeng82 User

Posts: 42
Member since: 09/10/2013

I think everybody answered your questions in full details and they all said the same thing, so I am not going to repeat what they said...I just wanted to say that if you are doing what you like to do, for sure you will make money over the long haul....Just don't think too much about the money, think about your trading decisions and how you can make good trading calls and decisions and money will follow...

Jun 15, 2020 01:22 am
Asher User

Posts: 276
Member since: 31/03/2020

There is no shortcut in forex to make money in a short time/quick way. It demands continuous efforts including learning about forex, having a bigger capital, mimizing the greed factors etc. A good combination of all factor can bring a positive result. Earning is not as per investment, its about our experience that we make a lot with a little amount and may loose a strong capital due to lack of knowledge.

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