Quote:
Originally Posted by janosik
Forex works. I started trading when gallery submitting become unprofitable business about 1.5 years ago. First year I was studying almost 24/7 and paying for all those expensive education services. Then I came back to naked charts and started making real profits purely with my own analysis. Forex can be very profitable if you have patience, self discipline and good money management. But remember ... 95% of forex traders ends up with loss.
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Good money management includes also big wallet to manage, at least if you plan to live with it.
Most successful strategies rely on numbers; you know, it works for example 10/100 times and you make enough money those 10 times to make it profitable. So, in case of shitty luck you need enough money so that you don't go broke at the 89th time with no results. But if you happen to be some wonder analytic with great success rate, then kudos for you. But as the robots control the trade, it has become even more harder for humans.