Am challenging all these posters or ''pros'' Grin who are claiming they are now ''successful''to display their 4months account here for all to see.

curious33:

^^^^

  meaning you're guilty as charged too,  boaster!

MSItachi:

with my experience i wont fall for the account statement BS, provide and investor password over the weekend, lets all see the account. After the devil Forex traders are next in lies.

i am also a trader, been six years into it. and i tell u if u can average consistently 20% ish every month for 2yrs (pls note i said Average), then u are one of the fx genius alive !! don't allow anybody tell u otherwise.

doing even 5-10% a month is extremeley awesome, expecially when u have volume, not $2,000 etc, talking about 90k and above.

Zeddicus:

Wow. Its funny how ignorant people can be. Firstly,no broker is out to rip you off(unless you are using an unknown crap broker). Again,spikes are part and parcel of this business,especially when you are a news trader. If you are not a news trader,you shouldnt have issues with spike. As for the issue of internet and power,it mostly affects intraday traders who sit at the screen making and exiting trades all day. People like us that log in at 10pm(11pm at DST periods) to analyse and place trades rarely have such issues. We all have at least 3 lines of different networks,if one network doesnt work at that time,just switch to the next one. If you dont have at least a laptop battery that can stay for the 30minutes you are going to be analysing and taking trades,then you aint ready for forex. Even offline businesses require a shop,furniture etc. So if you wanna be an intraday trader,you must have at least an 'i pass my neighbor gen'
For those talking about account statements. Keep deluding yourselves. There are guys that make 20% ROI during bad months o,let alone on good months! Why will they show you? They are happy with themselves,not looking for people's money to manage and so dont need to prove anything to anyone. So keep decieving yourselves that forex is fake. There are fake traders and scam but forex is not fake!!
@OP its funny you condemn fund managers and yet you are promoting auto trading. Its still fund managers that generate the trades!! Abi na robot dey do am? Lol.

Toks2008:

I so much love this topic.

I have made comments several times and some people have misquoted me. THE TRUTH REMAINS THAT MANY PEOPLE WILL NEVER EVER SUCCEED TRADING FX ONLINE.

Many newbies are driven by zeal and they make so much noise about fx trading. Look here friends, im sorry to break your heart.
Forget about fx trading if you are not patient enough to make steady and slow growth.

I am not a gate crasher in this business. I  am aworld class signal provider and over the years, i have come to understand that many people are wasting their time in this business. You will hardly succeed trading this business manually and many people mau disagree with this.

Greed is a fcator that will never ever allow 98% of traders to make it, fear is another factor and this is the younger brother of greed.

Many Nigerians and infact most traders accross the world see fx as a money spinner but this is wrong.

No bank in the world will give 50% return on fixed deposit n a year yet many traders want to make 100% profit on deposit in a month and this is very crazy.

I can tell you that 100% profit on deposit is possible in a year with compounding profit and this is fair enough.

Many traders have very little equity and they dont see 100% return in a year as meaningful but someone trading with 100,000usd will see ita s a miracle.

Now lets face it.

1. Forget manual trading: If you have good trading method, you can develop this into an EA and tis EA will simply trade for you just as though you are the one trading with no fear and emotion arrached. Simple subscribe to a vps service hich is not too expensive.
I use ucvhost and they are ok as i pay just 52usd for three months. No fear of power failure or internet problems but you will have an uninterrupted trading activity.

2. Please be patient and  don't expect magic, Trade fx only on part term and look for another good business or job as this will allow you to have the patience required to build your account.

3.Be careful not to get scammed as this business is scam prone. No one will sell out a profitable EA and if any one wants to sell any EA to you, please never ask for a back test as it is never a proof of futire success rather ask for an access to view real time trade activity of teh Ea and monitor it for as long as you want to get convinced. myfxbook.com offers a real time analytical monitoring system like the one you will find here.https://www.myfxbook.com/portfolio/mt4-8706816/196811

Be warned forex trading is not for everyone so know your limits