How to make million dollars in forex
A double bar is a pin bar formed over 2 periods rather than one. Starts at one price one day—moves a good distance—starts at that price the next period and goes back to the price it started the previous period. Also people frequently wonder why pin bars are so profitable. Think about it—where are the best pin bars—at support or resistance areas.
The bigs know this—they run the price through the resistance area, knock out the stops, then move the price in the direction they intended in the first place. Interesting to see what happens here. You stated the obvious rules that govern fx market. But I have following observations; 1.
One can trade news successfully with good strategy and good broker. Trading news is very profitable when traded very well. That was a claim made by Ted H, one of your paid members. This entire website is a collection of my opinions on various topics. When I say to avoid trading the news, it too is my opinion. Sir you confuse me.
Can You Make A Million Dollars Trading Forex? What You Have To Know -
You suggest a higher timeframe, what to do if news comes and you are in trade? Hi Justin Once again you nailed it. I have only been trading for about 3 months I was introduced by a family member who turns out to be a very aggressive trader but you only heard about his wins not loses. Anyway I was hooked and then I found Forex Factory where there was an article from you and after reading it I was a member within hours.
Only in the last week or 2 have I started to make very small profits mainly because I have strict rules around protecting my capital. In fact so strict I have yet to reach any of my targets. Thanks so much for all of your posts and I enjoy going on this site every day I reckon you must of cloned yourself because there is no way one person can do all what you do. Please keep up the good work and live forever. I started trading forex October I have lost much money. I set out to make profit but lost so much.
I need help. Comfort, take it easy. Go for knowledge, go and read, go and do paper trade for few weeks to months, before you go live. Join forex groups. Ask more questions. Praclick, practice and practice more. Can anyone make a living trading the markets. Can you take trading as a fulltime engagement rather than a hobby or a part time endeavour?
How to turn $500 into $1 Million in a year via Forex, Yes it is possible!
Thanks Justin. Thanks a lot. For last two month, I could not make any good setup in my treading. I love your blogpost. I have a question.
Between Stock Market and Forex Trading, which is better to invest in? It is unrealistic. Sometimes, I lose what I gained last month. Justin is the only Coach in this industry I have ever seen, who teaches you 2 most inevitable things: 1. The art of Trading, how to trade on your own and 2. Love your money, minimizing losses will ultimately increase your account. Thanks for this post, Justin. Given the way you emphasize this Trading Process in many of your posts, could you expatiate it.
For those of us who want to follow it, What is a Trading Process? Look at all articles on this site.
It just might turn your trading around. Very instructive! I assimilated every bit of it. Thanks also for your daily trading signals. Thanks alot Justin for your knowledge. Damn I must be a god then XD Yay every one is godawful but me. The excitement of binary options trade can disappear as soon as you learn what is expected of you.
You have to learn trading strategies, decide what assets to trade on and which broker to use. It is a lot of work but when you start making money, you will forget about the struggle. If you decide to trade in Forex. I am a victim of a binary scam I was burned by a bogus broker recently it was difficult to get a withdrawal.
I had to hire a recovery company to get my funds back. Is it possible to identify a false breakout and how to know if a breakout will retest before going in that direction.. Hello Justin. They have been around for 3 years and they have been paying out consistently. They have not yet been regulated because there is no regulation for forex in my country yet. However, this broker has had press conferences and invited regulatory authorities openly to regulate the forex market so as to give investors confidence.
So they are not like a hidden business. They have branches in about ten states in my country. I would like your thoughts. Too late for me now. Now the CEO said he made a huge loss so he was unable to pay back our capital and he is no where to be found right now. They have a binary option and too hard and aggressive marketing plan. I would like to understand Forex Trading before i can invest money?
How can one identify authentic broker or person to assist on trading? Finally got my refund and im glad to share her contact information to save others.
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Dm if your interested to make profits. I am about to start forex trading but I am trying to gather as much information as I can before I do. Everything you said makes so much sense, the person that introduced me to Forex has not explained things the way you did and I would love to get as much info from you as possible please. Thanks Justin for the way you have explained forex earning.
Because profit is the reason why anyone can think of doing business Once again thank you. A book, a school?
Is there any formal classes that teach this that are legit?