Is Forex even worth getting in to?

Is Forex even worth getting in to?

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Only if you are genius. Trust me.

>t.Non-Genius

Idk but ta works a lot better on forex than stocks

is he using a computer at an apple store?
wtf lol

rise and grind, doing TA while he waits for that new iphone apple watch pad drop #Blessed

not worth with less than 100K

Protip: use Oanda FXtrade.
Nothing higher than 20:1 unless suicidal.
You're welcome.

Source: FX trader since 2005

PS: pull up a EUR/USD 15 min. See those little dip and retracement movements? Those are guys getting wiped the fuck out by massive elite trading bots. DON'T BE THOSE GUYS

Tell me more. Is reading TA books and watching videos actually worth it? Should I just put in some money I can lose but would hate losing and just start trading?

Oh he drew a diagonal line what a genius

Your account size is completely irrelevant. If you know how to trade, then you will grow your account extremely fast. If you don't know how to trade, then you will lose everything anyway.

>not going 5000x leverage forex trading at your local apple store
not going to make it

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Long story short: TA cannot predict.

Only money you absolutely can afford to lose. Real money gives you real emotions, so you learn to control them, so don't use practice accounts.

if you think crypto is hard don't even bother with fx

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1 BTC says he doesnt make more than 100k a year trading forex

What about forex signals. I'm making like 60€ a day on a normie wage can I boost that up to a 100€ with the service those guys are offering? I know they are probably legit but I will not be trading with 100k but starting with 500 maybe, is it even worth it?

unironically you'd be better off DCA'ing into chainlink

what a joke, this is like when Carly Kloss posted that "coding" thing with like command prompts or whatever, or when niggers post the default FL Studio screen and say they're producing. It looks impressive and complicated to 50 IQ normies i guess. #nomore925

I know a FX guy. He says the only way to make money is on short movements? Is that true?

It's technical analysis, stupid
And he is educating himself on "cup and handle" and "head and shoulders" technical patterns
#noexcuses
#yomusthatemoney

the only way to make money in FX is to be a banker or FOREX broker.

No I know a trader who independent and have been doing it since the 80s.

only about 10% of traders are profitable. it's better just to dissuade people from it entirely.
holding a stock index will give you much better returns, and you won't have to lose thousands of dollars learning how to trade.
i did FX for about 3 years, i was just above profitable at that time, but still not consistent enough to make it worth it.

Oh I know, I make much more in small caps and biotechs.

i used one of those services, guy who had worked on wall street for 15 years.
he'd give us 5-10 trades every day and his calls were right 55% of the time.
What happens is 1 in every 200 days the market is really easy to call and you can make money pretty easily.
BUT, you have to waste the other 199 days watching the chart waiting for that day, and have your money parked in an account doing nothing
i joined on that specific day and made a lot of money and thought he knew something.. but really there's nothing there.