who else thinks forex trading is stupid!

Discussion in 'Forex' started by ineedmoney90, Jun 4, 2023.

  1. themickey

    themickey

    Excuse the pun :)
     
    #31     Jun 5, 2023
    beginner66 likes this.
  2. alistera

    alistera

    These public sites are funny, every asset class goes in cycles until they all correlate to one and then something interesting happens, usually negative but sometimes positive, if you can't trade all assets you have 20% of the picture, if you can't trade all timeframes / fundamentals you have 20% of 20%, and oddly 4%pa are money market accounts, what a co-incidence.
     
    #32     Jun 6, 2023
    murray t turtle likes this.
  3. %%
    LOOKS like C-citigroup did sort of a can slim on its Forex trading team; + South American bond trading.[Source =YAHOO! JUNE 8 news ]:caution::caution:
    Actually I dont even use IBD CAN SLIM on single stocks;
    i do cash metal + EFTs...................................................................................
    Actually if one includes people that do trades in business;
    + that what any sucessful business is. More people succeed than any ever dreamed.
    I think its stupid for me to try to make a million bucks off pet rocks, just because some else did.:D:D
     
    Last edited: Jun 8, 2023
    #33     Jun 8, 2023
  4. Forex trading can be a stupid thing if you dont have a perfect money management .
     
    #34     Aug 4, 2023
  5. %%
    LOL:D:D
    Good points;
    but you must have been trading that one super fast=not 110or 100%% accurate.
    MM rate maybe fine @ time of your note.
    AND i'm not a mindreader LOL but I sure you meant trade ''all time frames'' profitable\as if anyone could live in Europe + want to pay hi taxes\ do a market maker time frame + profit.
    I dont know your tax situation anyway, must be ok with you happy pic/laugh LOL:caution::caution:
     
    #35     Aug 4, 2023
  6. Forex can be a upset game if you dont have a most powerful analyzing trade knowledge and experience . this is an clear message.
     
    #36     Aug 8, 2023
  7. virtusa

    virtusa

    You should know how big the percentage of successful traders is compared to all people who ever tried it. Based on 5 years fulltime daytrading forex, my guess is less than 5%. And really successful, less than 2%.
     
    #37     Aug 26, 2023
  8. I totally get where you're coming from! Stocks can seem straightforward with that multiplication magic.
     
    #38     Sep 4, 2023
  9. Elison0

    Elison0

    Actually personal observation varies from traders to traders. Those who are unable to carry decent amount of profit, Forex seems stupid to him but to the gainers, the observation is really different.
     
    #39     Sep 10, 2023
  10. shine

    shine

    Stupidity is when you come to Forex for easy and fast money and trade here without a normal trading strategy and without the necessary knowledge of market analysis, you don’t know how and don’t want to control risks for more earnings, and then you think: why can’t I do anything?))
     
    #40     Sep 10, 2024
    trader_phil likes this.