Why is profit margin always remain narrow?

Discussion in 'Forex' started by SmithFX, Jan 28, 2025.

  1. Andrew34

    Andrew34

    I think too many are chasing same moves. You focus more on small consistent gains?
     
    #11     Jan 29, 2025
  2. Go ahead, and publish it. It will be interesting to see how you do it.

    I am not American, I am from Spain and Forex is well-known as a challenging market for traders around here.

    I am happy to learn how you would trade Forex and I am sure others would like to do the same.
     
    #12     Jan 29, 2025
  3. great! Let me do it
     
    #13     Jan 29, 2025
  4. Given the challenges you mentioned, what percentage gain per month would you consider a good or realistic target for Forex trading
     
    #14     Jan 29, 2025
  5. newwurldmn

    newwurldmn


    Poor risk management is a common challenge, especially early on. It’s encouraging to hear you’ve recognized that, as it’s key to long-term success. Mastering risk is definitely crucial for turning profitability around.
     
    #15     Jan 29, 2025
    Forexer Guru and Drawdown Addict like this.
  6. I cant agree more
     
    #16     Jan 29, 2025

  7. Any books you could recommend to da'boys for bedtime reading?
     
    #17     Jan 29, 2025
  8. newwurldmn

    newwurldmn


    For bedtime reading for “da’boys,” here are some recommendations:
    For Kids:
    • “Llama, Llama Red Pajama” by Anna Dewdney: A fun and relatable story about bedtime drama for younger children .
    • “Five Minute Bedtime Stories” by Sam Taplin: Short, heartwarming animal tales perfect for winding down .
    • “Lights-Out, Leonard” by Josh Pyke: A humorous and imaginative story about overcoming bedtime fears .
    For Adults:
    • “Nothing Much Happens” by Kathryn Nicolai: Calming stories designed to soothe the mind and promote sleep .
    • “The Alchemist” by Paulo Coelho: A philosophical tale that inspires introspection and serenity before bed .
    • “The Night Circus” by Erin Morgenstern: A magical, whimsical story ideal for a relaxing escape .
    These books cater to both kids and adults, offering calming or engaging narratives for bedtime.
     
    #18     Jan 29, 2025
  9. oh, very funny
     
    #19     Jan 29, 2025
  10. the funny thing is, I’ve read hundreds of books and watched thousands of YouTube videos over the past eight years, and none of them really helped me. I think none of them truly made a difference. But after interacting with the market for all that time, I started to see how Forex price movements actually occur.

    That said, I’d recommend starting with something on price action—it’s probably the most useful foundation you can have
     
    Last edited: Jan 29, 2025
    #20     Jan 29, 2025