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How to become a profitable or full-time trader

Discussion in 'Forex and Cryptocurrencies' started by rogblack, Sep 7, 2017.

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  1. rogblack

    rogblack

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    I promise you that you will NOT become a billionaire trading forex. The brokers won't let you trade lots large enough.
     
  2. cynic

    cynic

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    I never realised that demo accounts were so incredibly restrictive!

    But then I very seldom "trade" that way, due to the pointlessness of accumulating a non-current currency!
     
    galumay likes this.
  3. rogblack

    rogblack

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    Both real and demo are limited to 40 lots.
     
  4. satanoperca

    satanoperca

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    Hi Rog,

    You seem like a genuine type of bloke that is trying to sell your wisdom for a fair price, I have reviewed your website and would like in, how do we start, I will be more than happy putting in say $50K if I can see a guaranteed return of 15% for the year. That is far far below your 30% weekly returns.

    Sound like a deal, I don't need to be a millionaire, not like those other millionaires on this site that are only jealous of your success. Ie Cynic and Trembling Man
     
  5. Trembling Hand

    Trembling Hand Can be found on the bid

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    You are clearly lacking basic market knowledge.
    There are about 300,000 GC futures traded a day on Globex. You could hit the market and get 40 contracts over 1-3 price levels every few seconds. At 40 contracts every few seconds that's 5 mil per trade. How much do you need?
     
  6. rogblack

    rogblack

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    I grew up in the PNG Highlands so I am down to earth and realistic. My experience there showed me that a population can live very simply but also happy and culture rich. At the same time BHP were silting up the magnificent Fly River which I used to fly over to school. My goal as a trader is not to achieve an incredible amount of money but enough to live a happy life on the Noosa River. I don't make claims to attract clients but to share my experience. I'd like to teach young kids how to trade because no one with a laptop and internet needs to live in poverty or be short of money with a bit of knowledge. In our society we have a lot of debt stress and of course suicide due to financial loss. The government is worried about our debt levels. I know that forex can be traded with a starting capital of $500 and compounded by staying in the trend. Whether it makes 10/20 or 30% a week is only relative. The fact is it can make a living and can be compounded. If a man is down on his luck after say a stint in the family court he can live in a vehicle for a period and trade to recover. There are many people in this position. YouTube has any channels of people who did not survive the GFC and more of that is coming.
     
  7. cynic

    cynic

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    What a damnable shame!

    All those suicides that might have been prevented, if only someone had taught those poor forlorn souls about the existence of the forex market and the possibilities it presents!!!

    But then the question arises, who is on the losing side of all those winning trades?
     
    galumay likes this.
  8. satanoperca

    satanoperca

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    All sounds great, but do you accept my offer?
     
  9. skc

    skc Goldmember

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    Why accumulate non-current currency when you can just make a deposit up to $10m?

    Indeed I am going to make a withdrawal of $9.9m tonight so I can spend my virtual money!

    With $100k left compounding @ 30% a week I think I will be OK in a few months.

    Capture.JPG


    Wait... why is the demo account so restrictive? Why limit my account to $10m? I want to dream bigger!!!
     
    cynic likes this.
  10. Trembling Hand

    Trembling Hand Can be found on the bid

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    So someone down on their luck should risk their only $500 while living in a car?

    People like this fool should be stoned in the city square each Sunday. Along with the fraudulent homoeopathy practitioners.

    Dude you have nothing. No understanding of risk or ruin. From you post in other threads little experience of trading long term to survive. Little understanding of risk to reward. Clearly no sane or proper use of leverage. You cannot show any meaningful trading stats.

    At best you a product of a short term bull market. And just like bulls when they have gone there is just one thing left,
    cow-pad-on-a-pasture-zillertal-tyrol-austria-europe-CR6R7X.jpg
     
    Zero Sum Game, lindsayf, skc and 3 others like this.
  11. rogblack

    rogblack

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    I'll let you trade your money. ;)
     
  12. galumay

    galumay learner

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    Clearly my goals for absolute performance in my portfolios are far too conservative. I am so glad you have created this thread and made me aware of how much better my performance could be if I just paid you to teach me the secrets to making a 30% return on my capital every week.

    Please be aware most posters and members on this forum are crooks and shysters, they will try to extract your secrets free of charge, ignore them and take my money, please.

    I was about to hook a hose up to the exhaust of the broken down car I am living in, but now I know I can be a billionaire by the end of the year - its better than finding jeebus.
     
    lindsayf, pinkboy and cynic like this.
  13. rogblack

    rogblack

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    You've lost me. The comment was made in respect to 30% return and lot size limits.
     
  14. tech/a

    tech/a No Ordinary Duck

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    But I haven't seen you on the circuit either!?
     
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  15. aussiefx

    aussiefx

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    What are you blithering on about?!

    Do you have any idea how idiotic you're looking?

    I have one question, why haven't you taken even $1,000 and used your 30% return a week and walked away a multi millionaire? Even stop at $2 million if you're not interested in money.
     
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  16. cynic

    cynic

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    Now now! Let's not get ahead of ourselves!

    It's not every week, only the trendy ones!

    And don't forget to make some allowance for that pesky 40 lot limit!

    Who the bejebus is jeebus? Should I be looking for him/her? Is he/she a grandmaster forex trader also?

    Anyway, can anybody tell me when the exchange rate, for conversion of demo account balances into real dollars, is set to rise, because it's been stagnant for as many years as I can remember ,and never, ever, seems to shift away from zero!

    (So frustrating! Maybe jeebus will have some helpful suggestions!)
     
    galumay likes this.
  17. Betavegeta

    Betavegeta

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    30% a week?? I'd be ecstatic with 30% a year.

    Nice work man
     
    rogblack likes this.
  18. rogblack

    rogblack

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    Why waste time on a forum trolling?
    Thank for your negative comment. It achieved nothing today.
     
  19. aussiefx

    aussiefx

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    You're spouting utter nonsense. Max 40 lots?

    Perhaps if you had 1 ounce of credibility you wouldn't be getting so many questions.
     
  20. cynic

    cynic

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    Is credibility sold in fluid, troy or fine ounces?

    And how much, in demo account dollars, would be required to purchase just one ounce?
     
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