Does Anyone Trade on the Forex Market?

Jump to Last Post 1-9 of 9 discussions (17 posts)
  1. profile image57
    FAP Turbo Resultsposted 13 years ago

    I have started trading on the forex market, and was curious to see if anyone else did. If so, any ideas about trends for a currency pair or new strategies? Thank you, Alex.

  2. WeddingConsultant profile image66
    WeddingConsultantposted 13 years ago

    Actually, Mark Knowles knows a little about forex trading. I'm sure he'd like to see what your thoughts are on the topic.

    1. Mark Knowles profile image59
      Mark Knowlesposted 13 years agoin reply to this


      I was waiting for the respondent before I educated him......

  3. needful things profile image65
    needful thingsposted 13 years ago

    I did... and I lost big time... saving again for another shot.

    1. Mark Knowles profile image59
      Mark Knowlesposted 13 years agoin reply to this

      Don't bother. It is impossible for the small day trader to make money on the forex market.

      1. BDazzler profile image80
        BDazzlerposted 13 years agoin reply to this

        I'm curious about the quality of the various software trading robots.  I started trying to do some AI based pattern recognition programing for tje technical trading of commodities in the mid 90's but ran into a snag with the communication (still a lot of dial up, no standards, very few online brokers etc.)  ... I never got back to it. I see a lot of robots out there now. Are any of them any good?

        1. Mark Knowles profile image59
          Mark Knowlesposted 13 years agoin reply to this

          That is not the problem.

          There are two issue for the small trader.

          Information and leverage.

          Forex trading is a zero sum game. The player with the best information and the biggest bankroll always wins.

          If you have vast amounts of money and the luxury of spending money in any currency, play the game smile

          1. BDazzler profile image80
            BDazzlerposted 13 years agoin reply to this

            Thanks, but no-thanks, I'd have just as much fun paper trading with the robots ... I was just curious .. seriously, though, thanks.

          2. Misha profile image62
            Mishaposted 13 years agoin reply to this

            When you factor in the spread, it does not look like zero sum anymore. Those few pips tend to add up to a sizeable amount wink

            1. Mark Knowles profile image59
              Mark Knowlesposted 13 years agoin reply to this

              A  Minus zero sum game big_smile

  4. profile image57
    FAP Turbo Resultsposted 13 years ago

    My hub page is about a forex auto bot trading software I use. I've made $2,000 in the last four days alone. It started out slow, as my intial deposit was only $100 so in the beginging I was only making like $20 a day, but thats $20 that I didn't have to do anything. I just had to leave my computer on! Its the best software I've come across, and I'm glad I did. So you don't need alot of money to trade on the forex market, sure having a bigger deposit helps you get bigger returns but you have to think long term, and adjust your strategy to what works best for you.

    1. Mark Knowles profile image59
      Mark Knowlesposted 13 years agoin reply to this

      So $100 into $2,000 in 4 days.

      $2,000 into $40,000 in the next 4 days.

      $40,000 into $800,000 in the next 4 days.

      $800,000 into $16,000,000.........

      What are you doing here selling us your software?

      You cannot make money with $100 in forex trading. Try the local casino instead. At least you get a free drink big_smile

  5. WeddingConsultant profile image66
    WeddingConsultantposted 13 years ago

    FAP, could you describe your top 10 best FOREX secrets to us here? smile

  6. Rectav profile image61
    Rectavposted 13 years ago

    The Price data can move in 3 different directions: up,down or side way. When there is an uptrend or a downtrend, you have to use a trend following method. When the market goes side way, you have to switch to a ranging methodology. These are two different styles of trading (using different tools). Related to their own personalities, traders will choose one of those methods.
    Rarely, you will find a gifted trader (a universal trader) who uses both methodology.

    Now, for the robots, I think only humans can perceive this kind of change between a trending market and a ranging market. If a robot would be able to do that, you will not see any more traders on the trading pit.

    I will not advise any beginners to use a robot to trade any markets. The reality is that for anything you want to achieve in life, you need understanding, commitment, and hard work. There is no shortcut to that.

  7. lbtrader profile image59
    lbtraderposted 13 years ago

    i have been studying the forex market for years and i still spend countless hours staring at forex charts....i am currently experimenting with Expert Advisors.

    I was reading the thread and i have to say that i disagree with Mark when he says you can't make money in Forex with just 100 dollars.

    It's all relative and i guess it depends what he means by make money. If he means you can't quit your day job then i agree but if he means you can't make a percentage then i disagree.

    In todays world where brokers are offering 1 dollar buy ins and where a dollar is to 100000 what 1 is to a lot then a strategy that works big will work small.

    A lot of times i wanted to quit researching forex but i just keep at it. Only the other day i ran a backtest on an EA that i coded - on the gpbjpy that is known for it's wild swings an the test showed a 10K account go to 30K in less than one year.

    I understand that backtests are iffy but waves don't lie and i don't need 200 percent annually to build a stash that will get me away from waiting on the government for pensions...

    So i'm with the group that says forex is the thing to do.

    That's even more true in todays unstable financial world...

    Just my opinion....

    So who's got a bankroll to go live with my EA....!!!!!

  8. profile image50
    Lorena09posted 11 years ago

    I am using UFXBank for forex trading.I think it is one of the best online Forex broker services on the market.

  9. Fx Djamel profile image58
    Fx Djamelposted 6 years ago

    dear members
    result of this month may on paid group telegram
    +1100 green pips
    +517 pips on free group and trial
    to subscribe on paid group rami fx and get a forex signals with high accurate
    contact us
    whatsapp: +213668746414


This website uses cookies

As a user in the EEA, your approval is needed on a few things. To provide a better website experience, uses cookies (and other similar technologies) and may collect, process, and share personal data. Please choose which areas of our service you consent to our doing so.

For more information on managing or withdrawing consents and how we handle data, visit our Privacy Policy at:

Show Details
HubPages Device IDThis is used to identify particular browsers or devices when the access the service, and is used for security reasons.
LoginThis is necessary to sign in to the HubPages Service.
Google RecaptchaThis is used to prevent bots and spam. (Privacy Policy)
AkismetThis is used to detect comment spam. (Privacy Policy)
HubPages Google AnalyticsThis is used to provide data on traffic to our website, all personally identifyable data is anonymized. (Privacy Policy)
HubPages Traffic PixelThis is used to collect data on traffic to articles and other pages on our site. Unless you are signed in to a HubPages account, all personally identifiable information is anonymized.
Amazon Web ServicesThis is a cloud services platform that we used to host our service. (Privacy Policy)
CloudflareThis is a cloud CDN service that we use to efficiently deliver files required for our service to operate such as javascript, cascading style sheets, images, and videos. (Privacy Policy)
Google Hosted LibrariesJavascript software libraries such as jQuery are loaded at endpoints on the or domains, for performance and efficiency reasons. (Privacy Policy)
Google Custom SearchThis is feature allows you to search the site. (Privacy Policy)
Google MapsSome articles have Google Maps embedded in them. (Privacy Policy)
Google ChartsThis is used to display charts and graphs on articles and the author center. (Privacy Policy)
Google AdSense Host APIThis service allows you to sign up for or associate a Google AdSense account with HubPages, so that you can earn money from ads on your articles. No data is shared unless you engage with this feature. (Privacy Policy)
Google YouTubeSome articles have YouTube videos embedded in them. (Privacy Policy)
VimeoSome articles have Vimeo videos embedded in them. (Privacy Policy)
PaypalThis is used for a registered author who enrolls in the HubPages Earnings program and requests to be paid via PayPal. No data is shared with Paypal unless you engage with this feature. (Privacy Policy)
Facebook LoginYou can use this to streamline signing up for, or signing in to your Hubpages account. No data is shared with Facebook unless you engage with this feature. (Privacy Policy)
MavenThis supports the Maven widget and search functionality. (Privacy Policy)
Google AdSenseThis is an ad network. (Privacy Policy)
Google DoubleClickGoogle provides ad serving technology and runs an ad network. (Privacy Policy)
Index ExchangeThis is an ad network. (Privacy Policy)
SovrnThis is an ad network. (Privacy Policy)
Facebook AdsThis is an ad network. (Privacy Policy)
Amazon Unified Ad MarketplaceThis is an ad network. (Privacy Policy)
AppNexusThis is an ad network. (Privacy Policy)
OpenxThis is an ad network. (Privacy Policy)
Rubicon ProjectThis is an ad network. (Privacy Policy)
TripleLiftThis is an ad network. (Privacy Policy)
Say MediaWe partner with Say Media to deliver ad campaigns on our sites. (Privacy Policy)
Remarketing PixelsWe may use remarketing pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to advertise the HubPages Service to people that have visited our sites.
Conversion Tracking PixelsWe may use conversion tracking pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to identify when an advertisement has successfully resulted in the desired action, such as signing up for the HubPages Service or publishing an article on the HubPages Service.
Author Google AnalyticsThis is used to provide traffic data and reports to the authors of articles on the HubPages Service. (Privacy Policy)
ComscoreComScore is a media measurement and analytics company providing marketing data and analytics to enterprises, media and advertising agencies, and publishers. Non-consent will result in ComScore only processing obfuscated personal data. (Privacy Policy)
Amazon Tracking PixelSome articles display amazon products as part of the Amazon Affiliate program, this pixel provides traffic statistics for those products (Privacy Policy)
ClickscoThis is a data management platform studying reader behavior (Privacy Policy)