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Two Blokes Trading | Forex Trading Community
What is Two Blokes Trading? Two Blokes Trading is a fun and informative podcast and website for new and experienced home financial traders. It follows us, Tom and Owen, as we learn to trade profitably and consistently. We interview leading traders and trading industry insiders every week on the Podcast to give our listeners the best chance of becoming profitable traders.
I receive EITC and don’t want forex screwing it up. I can not have more than few K of investment income with this. So, is Forex profit income or investment income? Bonus question: We must pay tax on this. Does the 15.3% SS/Medicare self employment tax apply to Forex income?
Is it normal for a forex broker to investigate a client's account when they are profitable?
Hi if some of you in here are into trading I just would like to know if some of you ever had your accounts investigated by a broker because u were making too many withdrawals. cause I just started with this other broker then I was very profitable and just this week couldn't withdraw cause my account is being investigated.
Why do people say forex trading is not profitable and you'll loose your money?
Like if you jump in directly obviously you'll end up blowing your account, you'll loose hell lot of money But if you properly study, practice,make a strategy you will follow Have a risk management plan,learn the market and basically just put it effort in it,why won't you be profitable You can't just jump into anything and expect to become a millionaire,you need to work for it Example becoming a doctor, No one can just go into an operation room and start operating,you need years of practice and experience Same goes with forex,but the reward might just be a little juicier Soo don't be disheartened by the 90% loose money And keep realistic expectations,you can't expect to earn 90k a day without putting in the effort So guys wish you all the best and just work hard and practice man Form a proper plan and just stick to it
Is it possible to create simple forex profitable algo using technical indicators?
I want to hire a developer to program my trading strategy that is already profitable manually. By technical indicators I mean Stochastics and moving averages. My main concern is false signals that will stop profitability.
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is it normal for parents to be teaching kids at 14 about forex and profit exchange?
so my parents were talking about that stuff for about an hour and they said ''and we expect you to be using the knowledge you will get by learning exchange rates and trading once you become 15 and start gaining profit''(im 14 btw) and after that i was just like, ''what the fuck was that all about'' so here i am asking if this is a normal thing
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I’m sure this is the most common question by the new traders! There is a reason behind the popularity of this viral question! Actually, more than 90% retail traders are the losers; and a number of them are very much active on the Social Media like... This means that even if the trader only wins 50% of her trades, she will be profitable. Therefore, making more on winning trades is also a strategic component for which many forex day traders strive. A higher win rate for trades means more flexibility with your risk/reward, and a high risk/reward means your win rate can be lower and you'd still ... So whether or not Forex trading is profitable isn’t the right question to ask because it depends on the person trading Forex. There are already people and companies making lots of money trading Forex. For example, hedge funds and prop firms hire traders to speculate in the Forex market. The answer to the question then is that for some, but not all, forex trading can be profitable. The challenge is finding ways to stack the odds in your favour. In this article, we will explore ways of improving your chances of success, including: Understanding the forex market and the other participants; Developing a trading mentality How Profitable is Forex Trading ? Based on ROI, forex trading is not high profitable business. If trader risk 1% of portfolio, on the end of the successfully year profit can be 20%-25% average. Many
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