Hi Joe, Thanks for your comment and for watching. I will be getting to that as a part of this series but I don't want to say now as I would like people to have a chance to review for themselves instead of just going off whatever I tell them to do. Not saying you will do that but some would if I said now. Best Regards, Dave
would i be wrong in saying that theres little chance of losing money in the forex market over the long run?
if you can leverage 20,000 to two million then every 100 pips is around $2000 and with the stop loss option set a few pipps below the bid, how can you lose in the long run even the not so long run?
Hi Horsefly4, Where I can see the thought process here actually the opposite is true, most people lose money trading forex. The reason being in the above example that if you simply put your stop just below the market you are going to get stopped out a very large percentage of the time which will add up to a lot of pips over the long term. Best Regards, Dave
The Forex market is a scam! Look at my profile and watch my video on the forex market, it will OPEN your eyes. Then let me teach you a real market by learning to trade Oil, you cannot imagine how profitable it is and how relatively easy it is to trade if you know what you're doing. The Forex is a 100% scam market, watch my video and you'll see. Don't ruin your life trading the Forex.
Nice video! Have you considered trying the Forex Autogalactus (google it)? My roommate makes a lot of cash with it! I am very tempted into buying it.
lilagalre6 4 months ago
Really nice video, the forex market is a scam, this video is brilliant, thanks for sharing.
MegaNunii 8 months ago
Hi Joe, Thanks for your comment and for watching. I will be getting to that as a part of this series but I don't want to say now as I would like people to have a chance to review for themselves instead of just going off whatever I tell them to do. Not saying you will do that but some would if I said now. Best Regards, Dave
InformedTrades 3 years ago
would i be wrong in saying that theres little chance of losing money in the forex market over the long run?
if you can leverage 20,000 to two million then every 100 pips is around $2000 and with the stop loss option set a few pipps below the bid, how can you lose in the long run even the not so long run?
horsefly4 3 years ago
Hi Horsefly4, Where I can see the thought process here actually the opposite is true, most people lose money trading forex. The reason being in the above example that if you simply put your stop just below the market you are going to get stopped out a very large percentage of the time which will add up to a lot of pips over the long term. Best Regards, Dave
InformedTrades 3 years ago
The Forex market is a scam! Look at my profile and watch my video on the forex market, it will OPEN your eyes. Then let me teach you a real market by learning to trade Oil, you cannot imagine how profitable it is and how relatively easy it is to trade if you know what you're doing. The Forex is a 100% scam market, watch my video and you'll see. Don't ruin your life trading the Forex.
David
OilTradeInstruction 2 years ago