How much trader lost in Forex before they start profiting?
deri asked:
I heard a lot of people said 90% of forex trader lose money. I wonder how long and roughtly how much the trader lose become they become the remaining 10% winners.
December 14, 2008
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I think you are experienced the valuable hearsay in the stock market of Forex trading scams. Hong Kong is notoriously known as the international capital of scams in stock market shares trading and real estate transactions. Hong Kong is ruled by a fascist government and lead by the good for nothing Donald Tsang Yum-kuen and his investment think tank, Joseph Yam. Both of them are money takers and perverted Hong Kong citizens addictive to gambling then the government collects average 3 billion dollars duty tax each trading day in stock market trading, horse racing and soccer games wagering, real estate transaction, and Lotto 649.
The following website shows many facts about Forex trading scams in Hong Kong.
Comment by Dye dirt Kong — December 15, 2008 @ 3:49 pm
To be honest – you’ve got to expect to lose at least some money.
It’s a glorified version of gambling – where you’re betting on the currency you’re buying to rise in price.
The best way to *not* lose money is to use the systems and techniques that already successful traders are using. And the best way to do that is to use a forex system that they’ve created.
I personally use “Forex Autopilot” by Marcus Leary because it seemed to be the most reliable to me. I found it at this website:
Hope this helps you?
Comment by James K — December 17, 2008 @ 9:54 am
most of ppl enter forex market to get a luxury lifestyle regardless of how much they can loss,they just look at the millions they can make out of this market.
How to Lose ? what to Lose ? you can make 100 trades/month , 50 winners and 50 losers and you are still in profit.
Main forex rule #1 , #2, #3 is profit:loss ratio in any trade , u gotta keep it more than 1 !!!!
Greedy people lose in any branch of trading !
just try to get little profit and you will be safe.
Comment by Osama S — December 21, 2008 @ 4:24 pm