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HomeUncategorizedHere's why you'll NEVER make money in Forex. The Forex Cycle of...

Here’s why you’ll NEVER make money in Forex. The Forex Cycle of Doom…

Here' why you'll never make money in Forex. It's all because of the Forex cycle of doom. Many aspiring traders who are trying to make money in Forex don't know they're falling victim to it.

The Forex cycle of doom is all about how you find a strategy, trade it, experience some losses, dump it and then find it a new strategy.

It's the main reason why you'll never make money in Forex.

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* The information provided in this video is intended for educational purposes only and is not to be construed as investment advice. Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. There is a possibility you could sustain losses of some, or all of your initial investment and therefore seek independent financial advice if you have any doubts.

** Our team of coaches will never contact you directly outside of the Trading Room. If any person(s) contacts you via Social Media platforms offering account management or asking for payment, this is not HowToTrade and should be ignored.

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87 COMMENTS

  1. I’ve been trading forex part time while working a full time job. So YOU CAN make money. I don’t even have the big monitor screens this guy has. Just a simple laptop

  2. Spent 9 years in the cycle of doom until I realised keep it simple, losses are inevitable, risk management is key and price action is king.

    • Poltica Mazwa Refizma It’s not about being right, it’s all about planning, managing risk, drawing patterns, identifying trends and taking profits. Worry about making profits later first focus building a strategy that works for you and appreciate the journey even when you’re losing. Best of luck

    • Yeah me too.started back at 2008.up until now then i realise that 20% to 25% per month is enough.finally found a strategy that suits me.some strategy will not work with other people.i know this for sure.

  3. Iv been trading FOREX for 2 years now, Finally at the point where im leaving my job as an engineer. Best advice I could give is DO NOT GO LIVE, Stick to your DEMO until you have a strategy which works. Have a long term mindset and compound your account. project it over a year or so and meet those daily goals. Greed will make or break you in this game, I wish everyone the BEST OF LUCK !!

    • @@MsKopking GoodAfternoon Gulbaz Khan
      In terms of security make sure that the broker is a member of the regulatory body of your country. E.G I live in the UK – So I hunt for brokers which are FCA approved. If you live in USA – Makes sure theyre CFTC OR NFA approved.. If you live in Australia – make sure theyre ASIC approved. The list goes on. I would also suggest that once you double your account, Withdraw partial profits and make sure its easy to do so ! Look for low spreads and low commisions ideally and MAKE SURE they allow you to use MT4 or MT5 – any credible broker should have facilities to use this application 😀 Best of luck !!!

  4. The overall point of this video is to basically stick to a strategy that will give you more wins than losses after back testing it a few times of course, but do keep in mind that no matter how great of a strategy it is, and no matter how good it’s setup, there are still going to be times where you lose a trade(s). It’s inevitable and there is simply just no way around it no matter how good of a trader you are. Either way, stay with the strategy and stop with all the tweaking, especially if it’s a really good trading strategy. Keep it simple, void being greedy and NEVER EVER over leverage your account. Follow these simple rules and you will do just fine.

    • Dont start trading, it’s pointless and will be “more” pointless in the future. Trust me *I TRIED EVERYTHING* – easy stuff, hard stuff, I read *EVERY* academic paper on the internet on quantitative finance, algorithms, market theory (structure etc.). I LITERALY KNOW everything on forex, so i can tell you a secret – only brokers profit froms spreads and commisions.

      That’s why they offer courses, “expert advices”, fancy indicators and other bs.

      Forex market follows what is called a *martingale stochastic process* and this means *every trader is destinated to lose all invested money.*

      There aren’t ANY good or bad strategies, because *you cant predict unpredictable.*

      This comment is a best and fully honest advice an expert can give you.

    • It’s was a bit tough for me entrusting my investment to another trader after being scammed, my friends advised me to try Mia because that have been trading with her, I had to give it a try again with £8500 and Mia really delivered as at when due. Mia earned my trust since then.

  5. Thank you for the video. What you have said definitely make a lot of sense, something which most often needs to be reminded.

  6. Very interesting video, I’m so happy I made the best decision by having a good investment recently things are going well and I keep earning massive profits it’s a dream come true

    • For successful trading, it’s best to work with an experienced professional who knows the market. This increases the chances of making the most profit. I strongly suggest Robert Lothian; he’s my current trader, and his strategies work really well.

    • Good thing you mentioned Robertlothian, he is the best and his strategies works. I’ve been making over 80% of my investment weekly since I started investing with his trading service

  7. I really like how this one was presented!
    You know, I have to say “I agree” This was very well said. Difficult because influencers spreading false messages about FOREX being easy and people lose money so not helping the industry. A very honest approach to this video! Thank you.It’s sometimes difficult to get the message across because traders are reluctant to take advice from other traders. After all, essentially I feel they may think that you are a better trader than them and that fact is true in many regards. But the traders who can admit that they get it wrong plenty of times and accept help are usually the ones who end up succeeding. From our perspective anyway. It’s those traders that “LOL” every time someone disagrees with them that you have to watch out for.

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