How Much Money Can You Make From Forex Trading?

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How Much Do Professional Forex Traders Make (Professional Trader Annual ...

How Much Do Professional Forex Traders Make (Professional Trader Annual ... submitted by reena555 to Educationforexcrypto [link] [comments]

How much % do professional forex traders make annually?

I’ve read that most professionals make roughly 10-18% each year. BUT, I have met many who have made like 20% in a week eg. (1k to 1.2k). I’m confused, could someone plz explain this to me?
submitted by k8pe to Forex [link] [comments]

Watch Live How Professional Forex Traders Make Big Profit On Daily Bases

Watch Live How Professional Forex Traders Make Big Profit On Daily Bases submitted by AshrafNoor to u/AshrafNoor [link] [comments]

Common Mistakes That Beginner Forex Traders Make

Common Mistakes That Beginner Forex Traders Make submitted by Rufflenator to 3bitcoins [link] [comments]

Common Mistakes That Beginner Forex Traders Make

Common Mistakes That Beginner Forex Traders Make submitted by ososru to Bitcoin4free [link] [comments]

How much does the Full time Forex trader make?

Hello everyone,
I was just wondering how much the average full-time Forex trader makes. You can express this amount either as a percent return on their investment, or a dollar amount. I realize that there is likely swings in their return, but I just mean on average over the course of the year.
submitted by Rose-Ab to Forex [link] [comments]

[AutoModerator] I came across this link and thought of BOBBY AXELROD's Capital: You are an Investor Professional forex traders make you billions of unimaginable profits while sit back and relax

submitted by raddit-bot to FuturologyRemovals [link] [comments]

What Percentage of Forex Traders Lose and Make Money (The 96% Myth Busted) | Forex Illustrated

fintech #trading #algotrading #quantitative #quant

What Percentage of Forex Traders Lose and Make Money (The 96% Myth Busted)Find out what are your chances to make money with forex and stock trading and which is the “riskiest” and which is the “safest” broker out there. For the first time in the history of trading, you get to know the real statistics of how many investors actually make money by trading CFD’s like forex, stocks etc.
One of the most popular questions bothering new forex traders has been “What percentage of forex traders make money?”, “How risky is forex trading?”. There was some speculation, but nobody had significant hard facts. Until now…
Most traders have heard the popular estimate that 96% to 99% of traders lose money. This figure has been circling around for many years, but it was more like a folk legend than a hard fact. There was some data from a couple of brokers, but it was not possible to get the results from all the market participants. But now the secret can be revealed thanks to the new regulations. .....
Continue reading at: http://forexillustrated.com/96-of-forex-traders-lose-money-the-myth-has-been-busted/
submitted by silahian to quant_hft [link] [comments]

eToro: impressions, doubts and (ignored) lessons from copy trading

(no promotional content, no affiliate links)
Hi,
exactly four years ago, I started copying eToro investors / traders that I selected using the broker's built-in search engine (profitable in last two years, already being copied by others), followed by manual filtering, to take into account fluctuations in yearly returns, composition of their portfolios etc. With that, I got a list of 10 people whom I started to copy on a demo account:
https://drive.google.com/file/d/1u52f0XHfr-LauIscKcFDYF0yGTTUr6VY/view?usp=sharing
In the screenshot you can see that in case of the first two of them the amount invested was $10,000, while for the rest it was just $100. This is because I started copying the first two a couple of weeks earlier; eventually I changed this into $100 the same day I made the screenshot and this is when my calculations start - so this thing is irrelevant, I just cannot travel in time to make another screenshot.
What I did after that?
Well, within the next six weeks my profits oscillated between -$11 and +$9.50 (the biggest profit was on Nov 9, a day after US presidential elections). I found this "boring" and discontinued experimenting with copy trading.
Today I looked back at those ten traders. Here is what I found. Firstly, seven of them are not with eToro anymore; investorNo1, Simple-Stock-Mkt, tradingrelax, 4exPirate, primit, Gallojack, xjurokx. The other three traders are:
My observations and thoughts are as follows:
  1. Seven out of ten traders are not with eToro anymore, which makes me wonder why. I have no proof but my guess is they simply performed poorly, lost their copiers and closed their accounts. This is already alarming but what if they opened another account? Or, even worse, multiple accounts? They could be investing small money and try different risky approaches, hoping that at least one account will turn out profitable in the long turn, attracting potential copiers. (I'm not claiming that those 7 particular traders did this, it's just my general suspicion regarding some of eToro traders)
  2. I'm unable to calculate what would be my profit if I never stopped copying them, because I cannot check at what day and with what profit those seven traders left eToro. I'm guessing this would be an immense loss. On the other hand, considering the three traders who are still with eToro, I would lose more than a quarter of my assets!
What now?
I must be a quite adventurous person or at least an incorrigible optimist, because a month ago (exactly on Aug 26th) I started copying three traders with real money. Here is who they are.
rubymza (Heloise Greeff)

OlivierDanvel (Olivier Jean Andre Danvel)

rayvahey (Raymond Noel Vahey)
What was my strategy to hand-pick these particular traders? First I did some basic scanning using eToro's built-in search engine. The most important filter was that the trader was profitable within the last two years: unfortunately, eToro does not allow to reach details of earlier performance automatically. To know how the trader performed before 2019, I had to look at stats in the profile of each of them. I was also taking into account how often they trade (to avoid those who do only a couple of trades yearly), whether they were trading recently and whether they write posts regularly in their feed. With this, I got a list of fifteen candidates to copy:
As you already know, I finally chose three of them. Rubymza seemed to be the most trustworthy stock trader, based on profits, posts feed and regular trading, among other things. Regarding OlivierDanvel, his uniqueness is the ability to record continuous profits with the Forex market. Finally, with rayvahey I wanted to increase my exposure to the commodities market.
Wish me good luck!
Michael

P.S.
You might find those copy-trading related readings interesting:

Disclosures:
submitted by investing-scientist2 to StockMarket [link] [comments]

Copy trading with eToro: impressions, doubts and (ignored) lessons

(no promotional content, no affiliate links)
Hi,
exactly four years ago, I started copying eToro investors / traders that I selected using the broker's built-in search engine (profitable in last two years, already being copied by others), followed by manual filtering, to take into account fluctuations in yearly returns, composition of their portfolios etc. With that, I got a list of 10 people whom I started to copy on a demo account:
https://drive.google.com/file/d/1u52f0XHfr-LauIscKcFDYF0yGTTUr6VY/view?usp=sharing
In the screenshot you can see that in case of the first two of them the amount invested was $10,000, while for the rest it was just $100. This is because I started copying the first two a couple of weeks earlier; eventually I changed this into $100 the same day I made the screenshot and this is when my calculations start - so this thing is irrelevant, I just cannot travel in time to make another screenshot.
What I did after that?
Well, within the next six weeks my profits oscillated between -$11 and +$9.50 (the biggest profit was on Nov 9, a day after US presidential elections). I found this "boring" and discontinued experimenting with copy trading.
Today I looked back at those ten traders. Here is what I found. Firstly, seven of them are not with eToro anymore; investorNo1, Simple-Stock-Mkt, tradingrelax, 4exPirate, primit, Gallojack, xjurokx. The other three traders are:
My observations and thoughts are as follows:
  1. Seven out of ten traders are not with eToro anymore, which makes me wonder why. I have no proof but my guess is they simply performed poorly, lost their copiers and closed their accounts. This is already alarming but what if they opened another account? Or, even worse, multiple accounts? They could be investing small money and try different risky approaches, hoping that at least one account will turn out profitable in the long turn, attracting potential copiers. (I'm not claiming that those 7 particular traders did this, it's just my general suspicion regarding some of eToro traders)
  2. I'm unable to calculate what would be my profit if I never stopped copying them, because I cannot check at what day and with what profit those seven traders left eToro. I'm guessing this would be an immense loss. On the other hand, considering the three traders who are still with eToro, I would lose more than a quarter of my assets!
What now?
I must be a quite adventurous person or at least an incorrigible optimist, because a month ago (exactly on Aug 26th) I started copying three traders with real money. Here is who they are.
rubymza (Heloise Greeff)

OlivierDanvel (Olivier Jean Andre Danvel)

rayvahey (Raymond Noel Vahey)
What was my strategy to hand-pick these particular traders? First I did some basic scanning using eToro's built-in search engine. The most important filter was that the trader was profitable within the last two years: unfortunately, eToro does not allow to reach details of earlier performance automatically. To know how the trader performed before 2019, I had to look at stats in the profile of each of them. I was also taking into account how often they trade (to avoid those who do only a couple of trades yearly), whether they were trading recently and whether they write posts regularly in their feed. With this, I got a list of fifteen candidates to copy:
As you already know, I finally chose three of them. Rubymza seemed to be the most trustworthy stock trader, based on profits, posts feed and regular trading, among other things. Regarding OlivierDanvel, his uniqueness is the ability to record continuous profits with the Forex market. Finally, with rayvahey I wanted to increase my exposure to the commodities market.
Wish me good luck!
Michael

P.S.
You might find those copy-trading related readings interesting:

Disclosures:
submitted by investing-scientist2 to InvestmentClub [link] [comments]

Instagram forex traders will not make you successful.

I feel like I need to have a rant.
I have been trading for just over a year now and I have just started to become profitable. What made me profitable? Blocking out all of the rubbish that comes from forex Instagram. I didn’t find a fancy new strategy. I’m using the strategy that I formed in the first 3 months of me trading. So why only now am I starting to become profitable when I knew about the strategy almost a year ago?
Because i chose to digest information coming from instagram forex traders.
I’m not talking about the obvious scammers you see on your Instagram feed such as IML, broker commission marketers, or any of the likes. I’m talking about the select few that portray themselves as trading veterans and are popular in the trading community. They are constantly posting on their stories/profile 24/7. At least once a day they will post something like ‘only 2 slots left In my mentorship’ or ‘come join my free telegram channel’. Warning: if a trader you follow is trying to promote something, even if it’s just for Instagram followers, unfollow them. They will not help you become successful.
So I had my strategy by month 3 of trading. I backtested it and it worked. But I started taking advice from these traders, I got my hands on a few of their courses and my trading began to fail. Every single course was pathetic. Never showed any live trading. No proof of anything. Always making excuses of why they can’t tag their MyFxBook.
I unfollowed all these ‘traders’ and now I am profitable.
Rant over.
submitted by zor600 to Forex [link] [comments]

Forex signals are the system employed by traders to make important decisions!

On the assumption that you are one of the person who is looking for a direct forex signal then you can get it according to your needs according to your budget. Just tap on the link for more information just see the website.
submitted by FxaceProSignals to u/FxaceProSignals [link] [comments]

Inverse of consistently losing money

Hi all,
Hypothetical. A newbie forex trader making poor and emotionally-driven decisions will consistently lose money, right?
What if a hypothetical someone did the exact opposite of a bunch of newbie traders? Would they consistently make money?
submitted by LaMaquinaDePinguinos to Forex [link] [comments]

The best chance to get revealed the best strategies in forex trading! The strategies used by pro-traders! Moreover, this gift for you, from Traderpulse is absolutely FREE. Make use of it and win your forex trading. https://traderpulse.com/forex-trading-strategies/

The best chance to get revealed the best strategies in forex trading! The strategies used by pro-traders! Moreover, this gift for you, from Traderpulse is absolutely FREE. Make use of it and win your forex trading. https://traderpulse.com/forex-trading-strategies/ submitted by traderpulse to u/traderpulse [link] [comments]

Forex traders work hard to form a reliable forex trading strategy, which helps in earning pips in the market. Here are three forex strategies, explained convincingly, for you to make the most out of your trading. Read further. https://wetalktrade.com/forex-trading-strategy/

Forex traders work hard to form a reliable forex trading strategy, which helps in earning pips in the market. Here are three forex strategies, explained convincingly, for you to make the most out of your trading. Read further. https://wetalktrade.com/forex-trading-strategy/ submitted by Wetalktrade to u/Wetalktrade [link] [comments]

How to make more money in the market for only forex trader or people that want to join

How to make more money in the market for only forex trader or people that want to join submitted by obinna042 to YoutubeSelfPromotion [link] [comments]

Power your forex endeavor with relevant knowledge! Get the FREE e-book from Traderpulse, which is full of practical tips. Read and get revealed the secrets of pro traders! Download now and set to make winning trades. https://traderpulse.com/forex-trading-strategies/

Power your forex endeavor with relevant knowledge! Get the FREE e-book from Traderpulse, which is full of practical tips. Read and get revealed the secrets of pro traders! Download now and set to make winning trades. https://traderpulse.com/forex-trading-strategies/ submitted by traderpulse to u/traderpulse [link] [comments]

Many of the most successful forex traders are right about the market's direction less than half the time.

that quote is from this website
https://www.dailyfx.com/forex/fundamental/article/special_report/2015/06/25/what-is-the-number-one-mistake-forex-traders-make.html
If this is true then why don't traders just do the opposite of what technical indicators and analysis would suggest?
submitted by gorge_r9k to Forex [link] [comments]

Do any of you make any profit?

If only 1% of forex traders make consistent profits, probably only 2 people that see this post make any good profits right? I don’t understand why everyone is trying to win if the numbers show that it’s nearly impossible (99% chance you will lose)
submitted by imGoingToEatYourTots to Forex [link] [comments]

Trader On Chart - Mt4 App To Make Forex Trading Easier

Trader On Chart - Mt4 App To Make Forex Trading Easier submitted by garry1knight to u/garry1knight [link] [comments]

Scams of the forex industry

Scams of the forex industry
What are the biggest and/or most often occuring scams in your opinion? It can be a type of scam or a particular reoccuring one, etc. For me, hands down:

Hi my name is FxLifeStyle and I am a 22 year old Rich Forex Trader making millions...
https://preview.redd.it/f3697jj17xz11.jpg?width=891&format=pjpg&auto=webp&s=415d93cd4fd962096b958222cd022f762a19f757
What a fucking piece of shit this guy is...
submitted by Groundfinance to Forex [link] [comments]

How much money do experts win in forex?

So I'm just starting babypips trading on demo , and I heard alot of people saying that you can't get rich doing forex that there's alot of false expectations and I understand that it's probably true and you won't get lambos and mansions after a few months of trading or even years. But I want your opinion how much money can forex traders make 5k a month? 10k?
submitted by letmereadthatshit to Forex [link] [comments]

How do Forex traders make (and lose) money? - YouTube FOREX TRADER MAKE $1,100 IN ONE DAY 😱  FOREX TRADING ... HOW TO TRADE FOREX 2020  MAKE MONEY ONLINE $230 A DAY ... FOREX TRADER MAKES $400 IN 30 MINUTES  FOREX TRADING FOR ... #forextrader #daytrader #forexforbeginners #result HOW TO MAKE YOUR SALARY IN 3 DAYS 300$ FOREX TRADER MAKES $1,800 IN ONE DAY TRADING NFP  FOREX ... FOREX TRADING 2020  HOW TO MAKE $20+ PER HOUR  FOREX ...

This article is intended to provide a practical depiction of how much the average forex trader can expect to make, and also how much professional forex traders usually make. Also, I hope this post can put to rest some of the fantasies you may have about forex trading, thanks to the faux-marketing and forex scams out there. Unfortunately, a 20% return is not doable every single month – any ... The average forex trader doesn’t make money at all. The new forex traders enter the market with the dream of making millions of dollars overnight. Making millions through Forex trading is possible, but one needs to have patience and the right strategy. If a forex trader makes 20% a month (1% a day) 11 months out of the year on a $100k trading account they would make around $619,173.64 ... Like it or not, Forex brokers are an integral part of any trader’s life. That’s why it’s important to understand how they operate, how they make their money and how to protect against bad broker practices such as stop-hunting. Typically, when a trader signs up to start trading Forex, they do so under the false illusion that it is indeed an easy way to make money. They are sold on expensive courses that feature wealthy millionaires with fancy cars and in their yachts talking about how they do no work but make lots of money by doing as little as possible. As a Forex trader, your account size, the risk you take in each position and sometimes your entry and exit prices are all you can control. The rest is not under your control. For example, the price can start moving like crazy and you cannot get out of the market because of the broker’s sever overload and too fast price movements. Then, you can be left with an account negative balance which ... i’m a successful trader,I’ve been trading for 3 years now,i’m mostly 70%+ accurate on all the trades that i take,i only target moves with 1:5 to 1:20 risk:reward on the market.i risk 5% or lesser on every trade and i usually grow my account by 100-250% monthly.so what i think is that how much risk you should take should be based on the lowest performance you have on the Forex market,not ... What Is A Forex Trader: Tips To Make You Succeed. Tip 1: Focus on 3 currency pairs only to begin with – EUR/USD, GBP/USD, JPY/USD. Why these pairs? Because not only are they majors but all the other crosses are forex pairs that correlate. So you know that if the EUR/USD is rising, then you can expect the GBP/USD to rise and the JPY/USD to fall. Tip 2: Practice using past data – we have a ...

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How do Forex traders make (and lose) money? - YouTube

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