Forex | Algo Trading | Automated Trading | Forex Trading | Forex Market | EA | Robot | MetaTrader
Is Forex trading profitable today?
Short answer is yes. Euronis made 120% last year in 2021. If you are a new investor, its normal that you ask yourself “Is Forex trading profitable today?” When you search for anything Forex you see mostly High Risk Warnings, the high percentage of traders loosing money and the difficulties for finding a strategy that works. The one fact that every source tells you is that Forex is the #1 liquidity market in the world. It trades 4Trillion a day. Most of that 4Trillion is leveraged but that is the nature of fiat trading.
To be a successful trader, you must understand the basics of leverage and margin. Therefore you must do your level best to read as much information regarding market mechanics as you possibly can to acquire the knowledge and skill of risk management that will allow you to identify good strategies and stop you from over trading so that you can trade for years and make money trading Forex.
How can you trade in the Forex Market?
One word – Euronis! Investing in Forex can be very profitable. We have been trading since 2009. 99% of the systems that we saw in 2009 are all gone. Everything depends on your understanding of risk and not being greedy. If you are a forex trader that knows how to use multiple strategies and apply them in harmony, the forex trading market can be very rewarding. However in order to be successful you must start slowly and study your results. You should devote as much time as it takes to feel comfortable with how things work in the forex market. You should make as many trade result analysis reports as you can and by doing this you will naturally build the skills required to manage risk effectively.
Tip for newbies: open multiple accounts at different brokers, we recommend at least three. Trade the same strategies on all three brokers in the same way with micro lots for a month. You will notice the same strategy will produce different results on each forex broker. After a month with analysis reports you will naturally get a feel for what is the strength and weakness of your strategies. Of course the Forex Market is the most liquid market in the world and also the most volatile, so stay with micro lots until you are confident (not greedy) and then slowly increase your risk levels.
What is the average profit Algo Trading Forex?
The statistics are true. Most trades loose money because they don’t understand risk and margin. Algo trading with a smart algo like Euronis is a different story. The average profit of a Forex Trading using the Euronis Algo is 15% per month on average. Average profits when trading forex with Euronis are always discussed in percentage because the balance each trader carries varies significantly. The typical new investor starts with $500 and learns from there. A professional trader trading forex with Euronis can make 15-25% per month using multiple brokers and risk parameters.
Euronis is a scalping strategy which is the most profitable Forex strategy and requires the most intelligent algo development.
Trading Forex vs Trading Crypto: Which one is more profitable?
This is the question we get here in 2022 – a LOT! The short answer is they are both profitable. There are two main differences between Crypto and Forex. First the Forex markets trade $6 trillion each day and Cryptocurrency markets trade $1.3 trillion. Secondly algo trading (if you can get a platform to trade crypto as smart as metatrader) has 3 daily swaps and offensive transaction rates making it unprofitable.
If you have big money and want orders filled – Forex Trading is King
If you have any money and hope your money doubles overnight – Crypto is the way to go.
We like and believe blockchain is the future but Algo Trading Forex is still the king.
Trading Forex vs Trading Stocks: Which one is more profitable?
Trading stocks is full of many options associated with leverage, funds and many different financial products. We love the stock market and while we don’t offer an Algo to trade stocks – we certainly support those of you who do it and well. Stock trading is big business and it is profitable. The question of “Trading Forex vs Trading Stocks: Which one is more profitable” we say use strategies for both of them and give them equal time to study and become great at.
Like what you read here – Tell us