Are you really making money in the Forex market? - page 5

New comment
 
There are well-proven strategies that work in different types of markets.
 
Tom Seljakin #:
There are well-proven strategies that work in different types of markets.
That's true. Adapting the right strategy to the market type is key to consistent results.
 
What I’m sure of is this: the guys selling their EAs on MQL5 are making way more money than the poor souls actually trading with them. So yeah, your “best investment” isn’t chasing the holy grail strategy… it’s polishing your coding skills and, above all, learning how to sell dreams.
 
Tom Seljakin # :
There are well-proven strategies that work in different types of markets.

I think this is the worst mistake.

Each filter added to "do" or "avoid" something on an asset will make your code "adapted" to a symbol, a shape, therefore over-fitting.

The more filters you put in, the less orders and decisions he will take.

At best, it will make little gain because it will be so "adapted"
at worst, he will no longer take any trades because wanting to adapt an EA to symbols that do not resemble each other and have no connection between them...

 
Huy Nguyễn:
You are using EA, Indicator, method, all the things that can help you make money from Forex. But when you look back at that process. How many times have you deposited money into your account, how many times have you sat in front of the screen watching your account gradually disappear. Maybe you earn a few thousand dollars in a few days. But just 15 minutes against the trend and you lose everything.

I totally understand, many of us have gone through the same. Forex can give quick profits, but it’s very risky. Even with the best EA or indicators, without proper risk management and a solid plan, a single mistake can wipe out your account. Learning slowly and steadily, and focusing on psychology and risk control, is far more valuable than short-term gains that disappear in minutes.

 
Hamid Marwi #:

I totally understand, many of us have gone through the same. Forex can give quick profits, but it’s very risky. Even with the best EA or indicators, without proper risk management and a solid plan, a single mistake can wipe out your account. Learning slowly and steadily, and focusing on psychology and risk control, is far more valuable than short-term gains that disappear in minutes.

You’re right – psychology is what destroys most traders. That’s why a 100% automated robot is often the best choice. It never feels fear or greed, follows the rules exactly and trades consistently with proper risk management. No emotions, no stress, just discipline
 
Yes, but only with strict discipline. I found that low drawdown is the key. For example, targeting small but consistent gains with almost no floating loss. It may look “slow,” but in the long run it proves to be sustainable and much less stressful.
 
Just trade once a week.
Buy 0.01 gold and keep it open until there is 700$ profit. If the price drops by 50$ add a position. If the price goes up by 50$ add a position. You will make 1-3k in 12 months. Simple.
Just follow the gold trend.
 

I agree with you — many traders experience exactly what you described: making quick profits but then losing everything in a short period due to lack of proper risk control. That’s why I stopped relying only on indicators or random EAs.

For me, it’s less about chasing “big wins” and more about building consistent results over time

 
Yes, you can make money in the forex market — but it’s not easy or quick. 😊

It takes learning, patience, and strong discipline. Most new traders lose at first because they rush in or take too much risk. The key is to start small, manage your money wisely, and focus on steady growth, not “get rich fast.”

Think of forex like learning a skill — the more you practice and study, the better you get. 💪
123456
New comment