Success Story of a Part Time Forex Trader - EarnForex

My Forex Story

Hello amazing forex community, a quick brief introduction about me. I'm 19 and I've been learning about the forex market for about 3 years now. been pretty consistent the past 8 months as I've found my strategy and way of thinking after many many many hours and countless nights of research backtesting etc. Went through the whole phases of looking for those magical indicators, systems etc, following signals providers and all of those fake ig guys. Finally learned proper trading mentality after reading trading in the zone and after I lost 2.5k in just one day losing 30%ish of my account just hoping it would turn( but we've all bee there lol). Or seeing 1.5k profit turn to 300 because I was money hungry. like they say price action is the best and primarily trade naked charts now with support and resistance levels. and I have my trading plan and trade management. I've mentored a buddy of mine for the past 6 months and he's about ready to go live. I took this semester off college to focus on trading full time. primarily focus on the daily charts and look at 4hr and 1hr for entries when approaching a zone

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Forex stories

Hi. Any forex traders here who care to share their stories and experience?
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FOREX?

So lately this guy has been trying to contact me on IG. I know it's too good to be true i.e. he posts about vacations, working from home, checking his notifications to see that he's made $4000 in one day etc. I'd never heard of it so I googled forex and came up with foreign exchange market? Doesn't seem like an mlm from what I see on Google but there's a lot of stuff I read in the search results I don't understand...so I decided to give you guys a try. Maybe it's an investing strategy? I don't know smells very fishy and scammy so obviously I want to know more. Haha!
EDIT: Received auto message from group with a list of mlms to check out. Forex was on there...so now I pose the question:
Anyone have any forex stories?
submitted by mateogv to antiMLM [link] [comments]

Haven't had a single Losing day sinceFebruary

Haven't had a single Losing day sinceFebruary
Hey guys, So this is my Forex story so far.
  • Graduated from Engineering in April 2018 from a top University in Canada. Started trading Forex in October 2018.
  • Fell in love with it. Since I am strong in Mathematics and statistics. I loved looking at numbers and graphs all day.
  • Opened a demo account on Tradingview. Lost 20% value in First month. Infact kept loosing until December 2019.
  • Started to learn about trends, currency strength and currency correlations.
  • Modified some indicators available on tradingview. Performed some studies on highly coorelated currencies like EURGBP, AUDNZD.
  • I simply trading using my currency strength algorithm and only look at stocastic or RSI for entry points.
  • In the last 30 days I have grown my demo account by over 35% and haven't had a single losing day. My win percentage is over 95%. I have proof if you guys want.

So my question: Do you think what is happening with me is a fluke?? Should I open a real account? Am I ready. Has anyone experienced this??
These are the trades I made today
https://preview.redd.it/nw0dm8twqfn21.png?width=1249&format=png&auto=webp&s=e5a6136cef30259346614b0f8413958e052a2af9
submitted by alwayslearningg to Forex [link] [comments]

What's the story with all these forex traders/scammers on Instagram?

Any young people (or anyone else at all, I got roped into this when I was a naive 21 year old) on here heed my warning when I say avoid these people. They are making zero money from their trades and majority of their money is generated by trying to get suckers like you & me to sign up and deposit money that we will eventually lose.
Think about it if they were really so good at investing and their returns were as good as they promise why the FUCK would they waste their time trying to teach someone else to do it and potentially ruin their trading strategy by loads of people adopting it?
These people are con artists/marketers and they only make money from you, not from trades.
submitted by TaytoFanBoy to ireland [link] [comments]

Found Chris' muscular British cousin advertising Forex trading on an Instagram meme pages story

Found Chris' muscular British cousin advertising Forex trading on an Instagram meme pages story submitted by IHateOtherRedditors to ChrisRayGun [link] [comments]

Forex Trader success/Inspiring story

We’ve all been here for a while, some of us are struggling, some of us are making some wins and progressing.
Wouldn’t be good if we take a step back from all the TA and FA, take a deep breath, and hear some success/ inspiring story from the traders here?
Share us your stories you successful traders! What’s your “AHA” moment, or the turning point that you’ve made that make you from negative to profitable?
submitted by Billbabaganz to Forex [link] [comments]

No more losses in your #forextrading! Minimizing the number of losses and maximizing the winning trades is the key to success! Get help from the excellent, #norepainttechnica indicator -#Pipbreaker, and make your forex trading a success story. https://wetalktrade.com/best-indicator-for-mt4/

No more losses in your #forextrading! Minimizing the number of losses and maximizing the winning trades is the key to success! Get help from the excellent, #norepainttechnica indicator -#Pipbreaker, and make your forex trading a success story. https://wetalktrade.com/best-indicator-for-mt4/ submitted by Wetalktrade to u/Wetalktrade [link] [comments]

A forex mlm recruiter IG story

A forex mlm recruiter IG story submitted by jswats92 to antiMLM [link] [comments]

Forex Scammers Story

Forex Scammers Story submitted by M603m to Forex [link] [comments]

Do you have a story about signing up for one of the online “day trading” “online marketing” “forex” etc. mentorship programs often touted in YouTube ads and if so how was it?

submitted by urlradar3 to askweb [link] [comments]

Do you have a story about signing up for one of the online “day trading” “online marketing” “forex” etc. mentorship programs often touted in YouTube ads and if so how was it?

submitted by urlradar3 to heryerdeonline [link] [comments]

2020 SUCCESS STORIES IN FOREX LETS HEAR IT

Im about to get my feet wet in forex. Would be nice to hear some stories (success or not). Would be good to have good stories so it can motivate me!
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The Story of a Forex Margin Call. Tom.

The Story of a Forex Margin Call. Tom. submitted by Koala_Confused to Learn_Forex_Trading [link] [comments]

My story (still strugglin) and how Forex broke me in more ways than one + need support

we all know the stats, although I have yet to see them official somewhere. Nevertheless, 90-98% of traders fail.
Reasons are many, most of them give up within a year. You know the bunch, saw some flashy indicators and stuff, thought "hey, whats so difficult, I'm gonna trade this MA crossover" and they have a winning run and feel high and mighty until they go down burning.
Then you have the people on the right track, where they still get tired after many attemps at a profitable strategy.
Then, you have people who finally have an approach in terms of analysis, and then they realize the entry technique is just half of it - and suck at exits, leaving their stops unprotected, or watching idly as the market brings them into 30 pip profit just to reverse and whip their stops, only to continue afterwards.
And finally, you have the people who have an approach, have a full on ready strategy, know how the market moves, and start losing money due to FOMO, and emotions in general.
I'm one of those people. And that does not make me unique, I know that, but what is also a fact, and is giving me a hard time today, is something that is not often spoken about.
You see, I actually stopped overrisking and I mitigated FOMO. I put scripts on my platform to manage my risk instead of me, locking me out if I risk too much. I automated that part, and now I face the weirdest of all issues.
I have a profitable strategy, giving a really nice R return on backtesting and forwardtesting. But, when I put money in, I bail out. I trade it, it's not that I'm scared, but I fail to believe in my own making.
And I have been at it for 6 years; this is not an overnight thing. The strategy I made, it took me 6 years to make it mine and perfect it.
Yet, every time I take a couple of losers (whilst I know my strike rate is below 50% and a couple of losers in a row mean absolutely nothing) I look at what others are doing. I go to fintwit, or I read some new (or old but forgotten) book. I caught a couple of losers and started scalping (my main strategy is swinging on 1hr chart) on the 1 minute chart, b/c I read a book some time ago, teaching that method.
I've lost 30+ accounts (i don't demo trade, i deposit a micro account of ~100 usd just to test stuff) and losing is now embedded in my psyche. Every time I make a loss, my mind is so broken, I bail and look for alternative methods. Many untested. And I try to alternate my strategy in the fly.
As of writing this, I should have acted on a very nice signal on eurusd, perfect on my strategy. Screenshot
http://prntscr.com/p7bxl0
Instead, i had a crappy day prior, and started doing this
http://prntscr.com/p7bydi

TLDR
You always hear about them. Greed, Fear, and all the other emotions that ruin a trader; but they refer to specific entries or situations.
What do you do, when you can no longer trust your judgement? When you lost all faith in your own doing, feeling everyone else is better than you, trying to emulate other people's work... Even if you don't even have full access to it? When you are so broken, you don't trust yourself, even with a couple of dollars? When you feel you'll never crawl out?
How do you get out of the abyss?
submitted by crypthon to Forex [link] [comments]

Your money story could be joyous or miserable so far due to Corona or something else. But, today is the time when you can change it into a better one by listening to the experts in Finance, Fintec, and Forex trading business at http://dominion24.esy.es/register-for-webinar/.

Your money story could be joyous or miserable so far due to Corona or something else. But, today is the time when you can change it into a better one by listening to the experts in Finance, Fintec, and Forex trading business at http://dominion24.esy.es/register-for-webina. submitted by edithadhanushya to u/edithadhanushya [link] [comments]

Question for those with “average” success stories trading forex

Those who are consistently making decent profit ($200 to $500 or so return a month). 1. How much money did you initially start off with? 2. How did you learn to be profitable? 3. Best course, book YouTube videos or anything to learn how to be profitable with forex?
submitted by Flyboyrs to Forex [link] [comments]

Where's the option for "pls stop spamming ig stories with Forex stuff"?

Where's the option for submitted by loucanfly to antiMLM [link] [comments]

antiMLM | Image | "Friend from high school posted this on his story after people were calling him out about Forex referrals"

submitted by transcribersofreddit to TranscribersOfReddit [link] [comments]

New to Forex, want to hear your stories.

Hi,
Originally I read a few posts here and there which got me interested in forex trading. I'm currently learning the ins and outs on babypips. Once completed I want to practice trading on a demo account until I develop my acumen for such. I feel that this to me will be an overall positive experience as well the possibility to earn decent living.
Im committed and the more I learn the more interest I develop. But I do worry about one thing. In my opinion I feel that I'm intelligent enough to do well in anything that catches my interests. Im very disciplined, patient, analytical and creative etc I'm just quite confident regarding my potential. But the fear is the lack of personal growth from this.
If education / experience is enough to do well. I would like to hear your attitudes on when you first started to where you are now. Why you started, why was FX a failure or success for you, what principles were develop and also what advice would you give to your past self.
I want to know the individual, the journey from this, or is it all just for riches? That where in your life do you want to go or be. Is there time spent doing something better, what would that be?
I'm soon to be a student, soon to be studying a degree in bussines (finance & management) and psychology. I would like to become a psychologist and start my own business around mental health. I feel that Forex trading will help develop my understanding of financial independence, is there more to it, keen to see what I may soon discover, fear that there is nothing to it over than riches. What were your experiences; I would like to hear your stories?
Thank you in advance if you've taken your time to comment. I will find your efforts insighful!
submitted by Denis_George to Forex [link] [comments]

@AlphaexCapital : USDCHF and USDJPY tried to go lower but the boy that cried wolf stories can't phase the market for long https://t.co/3Zfdc20n7L #forex #investing #bitcoin #crypto #xrp #btc #eth #forexsignals

submitted by AlphaexCapital to AlphaexCapital [link] [comments]

My boyfriend is starting Forex. I think it’s a “get rich quick scheme”. Please teach me about the reality of it.

Hi. So I like to call myself a big skeptic of all things “get rich quick”. I’ve always hated MLM’s and other sorts of marketing businesses. I’ve seen many people and heard many stories of people losing thousands and I’ve always been super skeptical about them. However, my boyfriend, let’s call him Cody, has become interested in Forex. He has been a partner with Primerica for a while now but hasn’t done anything with that. He is a manager at a gym here and makes decent money from that. He was approached by a friend to start working with Forex. When I heard about this, I was shocked, just because I’ve heard horror stories about Forex. When I look up reviews online, all I see is people losing money. When I spoke to his friend to see what this is all about, all I got was attacked and hated on for being a “non-believer”. He essentially just said that people who lose money are lazy and don’t even try. I am genuinely curious in learning more and want to be more educated in this. From what I’ve read, it depends a lot on gambling and knowing a lot about the craft. Cody is convinced he will earn $40,000 (approximately) by February doing 6% everyday excluding weekends (I have no clue what that means but I know that’s what he’s doing). I want to know if and how this is actually a legit endeavor or if he’s just delusional. Please, no attacks, I want serious, informative answers. Thanks so much.
TL;DR: my bf is starting Forex and I think it’s a scam, how legit is it?
Edit: I told him that if he actually does make that $40,000, I’ll apologize for my skepticism and not question this typa shit anymore. We’ll see 🤷🏼‍♀️
Edit: He works all day with no break and gets home at 11-12 and gets EXHAUSTED. He goes to sleep at like 1 every night and spends that free time watching tv. Nothing wrong with that I just don’t see how he has time to do this stuff. From what I’ve gathered, this has to be done in the afternoon and takes a while.
Update: So I spoke to him and mentioned all the advice y’all have given me here. He said he is already doing research but he’s down to join an MLM. He says “everything is an MLM, college, businesses, everything”, which is ridiculous to me but ok. I’m scared for him but I guess there’s not much I can do. He’s writing all this advice off as idiots that had a bad experience even though most people here have said that they have had ups and downs. He also says I’m being super negative and the least bit supportive. Idk what to do😕
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