Why forex?
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Thread: Why forex?

  1. #1
    Why is forex trading so tempting? And why do people love doing it?

    When a number of the top traders in the world make a mean of 30 percent of their investment each year. Even the transaction stations of associates shared here atforexsoutheast.asiawith elaborate monthly yields topping 500%, should you assess their all time returns, any account more than 6 weeks old may not have all time yields greater than 20 percent.

    Then why do people believe this can change their lives? Their are so. A coffee chop would likely do better.

    So why then??

  2. #2
    Quote Originally Posted by ;
    quote I might be wrong, but I have seen webinars and conventions of several huge names like Martin pring, and nick radge, men who head a few funds worth hundreds of dollars, they present 25 to 30% per year profits as greatest illuions.
    ok, but you are (like most people here) perplexing traders with finance managers. These are two different professions. Prop traders need to make a lot more than that to stay backed. ~10% ROI/monthly is my very best guess.

    Check this thread out (articles #6, #8 #10) http://www.trade2win.com/boards/firs...-avoiding.html. Much like this internet prop store: http://www.topsteptrader.com/Combine

    there is more information regarding it on trade2win. Bottom line isthese (prop) men have to turn their money around a lot faster than a hedge fund. I would be surprised if anybody in the city could get away with 30% ROI.

  3. #3
    Quote Originally Posted by ;
    quote You're too modest. That will certainly make you quite special indeed by the criteria of the very best, professional, flooring traders at Goldman Sachs, who do not have to attain those percentages in a year to earn their 7-figure bonuses.
    Sachs perform on a different field.

    As retail traders, we have the selection of 400:1 leverage, I doubt they could exchange at bigger than 10:1.

    We retail traders can scalp, I doubt Sachs traders could.

    I exchange 3 lots/$1,000; therefore I only desire 34 pips to double my money. Doing this twice per week increases my account by 300% profit.

    It's not tough to place 2 34 pip scalps per week.

  4. #4
    LOL, this only gets better and better.

    I am literally rolling around at the last remark.

  5. #5
    Quote Originally Posted by ;
    LOL, this only gets better and better. I am literally rolling around in the last remark.
    I am appreciating it to SoulTrader.

    And what are you doing so passed 6-7 years partner? Since....things in Forex did not go so well for you then, you've been very silent. I am trusting you are back in the saddle again.

    Still trend following, or presently a scalper like myself?

  6. #6
    I really like Foreign Exchange trading because I can do that business from any part of the planet. Even if I'm traveling I can still trade and care for my organization. There is not any time and space limitation in Foreign Exchange market.

  7. #7
    Quote Originally Posted by ;
    quote I Am Appreciating it to SoulTrader. And what are you doing this passed 6-7 years partner? Considering that....things in Forex did not go so well for you then, you have been very silent. I'm hoping you are now back in the saddle . Still trend following, or now a scalper like myself?
    I just left the forums, still been trading since, also conducted a business for some time. Just thought I would pop in now and again... again

    it has only been 4 years lol

  8. #8
    The purpose behind starting this thread is extremely doubtful to me. On June 8 Zahmed starts off the question innocently enough, why FX trading when companies earn more percent per year than FX? He then gets allot of answers, most of it in the vein of defending outlandish FX yields, members speculating there must be secret, leading traders out there making a whole lot greater than 30% per year. Some are laughably asserting they make 300 percent per week.

    Then Zahmed comes in at a stage and exclaims he found the response , and asks us to check out the youtube of Adil Malik, who self-stylizes himself as World's Top Male Forex Trader. We all know this Adil is a salesman, selling books and courses and largely lives of this, not his trading yields. So why did Zahmed jump in and say he found that Adil is the answer. Straightforward. Because Zahmed is encouraging him. He started the thread in the hopes we could be switched on by this leading man trader and buy his crap.

  9. #9
    Quote Originally Posted by ;
    The purpose behind starting this thread is extremely suspicious to me. On June 8 Zahmed starts the question off innocently enough, why forex trading if businesses make more percentage per year than forex? He subsequently gets allot of answers, the majority of it in the vein of defending outlandish forex yields, members speculating that there has to be secret, leading traders out there which makes much more than 30% per year. Some are laughably claiming that they make 300% per week. Then Zahmed comes in at one point and exclaims he found the response , and asks us...
    Hahahahaha!!!! You are watching too many films my buddy!!! Twist adil don't watch the movie don't visit the connection . I just heard at a webinar by a respected trader that 30% / year is a good earning and it made me wonder that's it! That's the reason why I started the thread
    secondly if you have no common sense what so ever! You'd understand if I had been a revenue man or an affiliate of Adil I would have given a affiliate link - if you understand what that is -; a connection that will bring traffic to his site through me, so that then I can receive my commission of selling.

  10. #10
    One doesn't have to have an affiliate link to market Adil. A behind the scenes partnership is all that's necessary. I saw that you were quite excited by his video, once I saw in it nothing whatsoever to be enthused about. Whenever I see that, I get suspicious. Whenever I see somebody like Adil claiming he's the Worlds Top Male Trader, I get suspicious.

    But I'll provide you the benefit of the doubt and assume just had some found something strong at Adil's youtube interview, and you gullibly believed this Adil is a top trader.

    I am sorry to intrude on the momentum of this thread, that was getting very funny. I want to hear more about routine 300% per week returns.

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