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The truth about Forex trading

2286 ratings | 413798 views
https://www.robothousetrading.com/welcome I understand that people get excited about trading Forex, making money, living their dreams, etc... But the reality is that, in my opinion, it takes really hard work to become a successful trader. Are you willing to put in the time and effort?
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Text Comments (405)
homebrandrules (11 hours ago)
a lot of talk, without saying much, an empty talk
Enoch Powell (2 days ago)
Made a small fortune this year on forex...Brexit was fantastic...
kvt nation (4 days ago)
wait what???? @1:17 only 150hrs ? and youre one year into fx!! jeez... thats like you only studied for a week and thats it
Theresa Wu (5 days ago)
When I started forex trading I lost $2500 to a broker but I never gave up until I was introduced to a broker who managed my account with just $1000 and made a profit of $3500 within 7 days of trading and within 72 hours my withdrawal came directly to my account...Don't let this trade pass you by without investing.I recommend ([email protected] com)who has done well trading for me.
Arit Mone (7 days ago)
robot dont work
gary davis (11 days ago)
Yes 100% I struggled for a year failing miserably but put in the hard work and ignored everyone that said it doesnt work and kept at it day in day out from early hours til midnight and I am now successful. If you are new keep going you will get there but put in the work to understand it and its ok to fail in the beginning. I blew my account more times than I can remember but I kept going lol. Not to say you have need to blow your account like me, but point is I kept it up until success.
Ted B (11 days ago)
gary davis you need to get a software and automate your trades. That's the only way it works. I depend on one and helps me alot. I make a living off it
Ben Higgins (14 days ago)
Thanks for the encouragement
Gabriel Watson (16 days ago)
Don't waste your money on fake websites Here am making $4000 in just 48hours
Сергей (18 days ago)
good man good
Ruth •passion (27 days ago)
Kayafx scammed me. It's fake
Arsen Bazarbek (29 days ago)
I can not say anything bad about it all I'm writing forex traiding and we're going to call a bell and do not forget to like it I want to make a lot of money every day, watching such videos I move to my goal and inspire me to inspire I aim to move forward with the goal you set for me, and it is worth mentioning how it can be earned $ 1 per day
Jorge Martinez (1 month ago)
Bro i wrote about patience on my instagram @lyricalprotein
Robson Filho (1 month ago)
150h its nothing in comparison with my 1000h learning basics of an online game
God Of destruction (1 month ago)
Misleading title !!
"trading with robots is not that complicated"... Really? It's a lot more complicated than manual trading, which is pretty hard already! Here's a few reasons: - Bonini's Paradox - The fact that rule based systems don't really work in nonlinear dymanics (price action) - The fact that AI is really hard to implement in MQL4 The list goes on and on...
I agree! Forex market has no winners. That's why I am trading Bitcoin now 🅱️😎
Amir Stewart (4 days ago)
I don't know...
Meek Elect (1 month ago)
The real world sense on trading, wish it was around when I started
I understand that people get excited about trading Forex, making money, living their dreams, etc... But the reality is that, in my opinion, it takes really hard work to become a successful trader. Are you willing to put in the time and effort?
Ted B (11 days ago)
Драган Тејић you need to get a software/algo and automate your time trades. That's the only way it works. I depend on one and helps me alot. I make a living off it actually
gotzn0name (1 month ago)
Thank you.
Pedro Pacheco (1 month ago)
I only trade with robots, they work day and night and people can't.
Ted B (11 days ago)
Pedro Pacheco true i also work with one. I make a living off it actually
ForexO (1 month ago)
Hay Day (1 month ago)
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SuperCortes10 (1 month ago)
Just teach yourself price action & you'll never have a proplem when it comes to trading forex, and not working hard and not wanting to learn is not an excuse in the forex market cause its like trying to receive a pay check every week from a job you never show upto, Just put in the work and reap the benefits!
Profit Sharkz (1 month ago)
Very true - great video. Some people want success TOMORROW, and it doesn't work like that. Take it step by step and keep it moving forward.
Brian Smith (2 months ago)
Great video
M One (2 months ago)
Eric C (2 months ago)
Wow, 2-3 hours a week is ALOT of work over the course of a year. You need a vacation.
Play Music (2 months ago)
Is this Ross? 😅
Alex Voxel (2 months ago)
The amount of spam in this comment section is amazing...
Luis Earl Jones Jr (2 months ago)
Much respect to people like you that provide valuable information to traders. Hopefully those jewels will help everyone achieve a prosperous lifestyle. "Knowledge is power" Thanks
Back Nforth (2 months ago)
Also the truth is that almost everyone in FOREX or any financial market is trying to sell you the world for everything you have.
Greg Adams (2 months ago)
Great video! I agree , patience and effort is the key. You need to learn. Go to seminars, read books, watch videos. There are tools that actually work, but you need time and money testing things out.
Robot House of Forex (2 months ago)
I trade on MetaTrader and I write robotic systems in MQL4. :)
Christine Chen (2 months ago)
True. I've put in a lot of effort in learning. I always attend seminars whenever I have the time. Can you share the tool that you're using?
Ryan Patterson (2 months ago)
Its because people are over leveraging there accounts to get big pay days, start small and set your goals small at first. That's what I am doing not trying to replace my career just trying to make a little extra like a $100 a day then go from there. I am using a bigger account and its been working no when to quit set a goal for the day and if you hit it or over achieve it shut it down then wait for the next set up.
Joshua M (2 months ago)
You didn't take into consideration the spread.
Khalid Hakimi (3 months ago)
The problem is they are involved in forex for the money, you have to love the game. Thats what bill lipschuz says. He is the greatest trader ever, ranked above george soros. You have to have passion for the game and not play for the money.
Doug McGaghie (3 months ago)
Your videos are informative. I appreciate that. But why are you wearing a hat indoors?
studleyst henkel (3 months ago)
Without a doubt the utimate software to succeed forex trading is Forex Profiter. You can just google "Forex Profiter V3.1" and grab it.
maestasst mcnair (3 months ago)
really worked.
Jack Reynolds (3 months ago)
it takes approximately 10 years of dedicated face time trading, to become an overnight success. This guy cant trade, because he makes videos about patience and working hard. Neither of which matter. What matters is time in the market, every day, losing and winning.Suddenly, new ideas come and "never give up" is your mantra. But seriously, did you expect to watch a few videos and already find your omega?? it takes YEARS
Pedro Santos Lima (3 months ago)
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Nastua- Play (3 months ago)
I use ExpertOption as my number one trading platform
Andra Karsten (2 months ago)
Nastua- Play Really? Are you really going to sell the binary dream to people who can't even trade simple forex? Greedy.
I use ExpertOption as my number one trading platform
MD 8 (3 months ago)
The Floogiel Trading Co. (3 months ago)
Great video. I love trading the Forex market. My favorite pair to trade is the EUR/USD!
Absolutely Zack....
Zack Franks (2 months ago)
The Floogiel Trading Co. i feel that lol been good to me
Derick Robinson (3 months ago)
What exactly is the “hard” work is what I was looking for?
Scott Geoffrey (3 months ago)
Will you be doing lessons on this? Thanks
jackson knox (4 months ago)
Dude...thankyou for the truth!
Felipe Mendes (4 months ago)
Really, noooooooo, like any activity you need work hard, Cristiano Ronaldo work hard, Doctors work hard, Jeff Bezos work hard, is not diferent with trading.
kingedward (4 months ago)
Hated Forex lost 2 grand. Started trading with ETF stocks and have gained the money lost from forex back
Amir Stewart (4 days ago)
Forex is too liquid, banks, hedge funds and brokers with people that have PhD's in financial mathematics and complex bot systems can and will kick all the retail traders' asses
Deontae Riley-Waites (2 months ago)
kingedward what app u used
Kenn Tollens (4 months ago)
I am interested in what language and tools you use for your automated trading. Is the mt4 platform automation language?
ahsanullah shanto (4 months ago)
To be part of Forex is many things to a trader which is indescribable. I am really glad being so and to make actions easy I am with Trade12 broker from where I have ECN accounts with lowest commission and no restrictions for pending orders and lowest transaction cost.
John Atkins (4 months ago)
Short but good video, thanks.
Tony Kinter (4 months ago)
Fantastic Advice! I'm just starting to learn NOW, I do have a Mentor teaching me. but I was actually told almost a year ago and I DID NOT take the EFFORT so I let it slip by.. Now I've reconnected and actually moving forward, Learning.. I have Lacked the EFFORT Part for Sure! starting off small, and looking for steady growth / high percentage of positive trades in the near future... Thanks for the video this helps.
Anass ELMIMOUNI (4 months ago)
I like This man somehow DD
Yung Hollywood (5 months ago)
is this for ppl who are learning on their own?
Scotty B (5 months ago)
Not a trader but thanks for that. You see all the great success on the interweb cause it's easy to access content. But then you hear of the folks complaining of how they got ripped off from get-rich-quick schemes promising a fortune if they follow easy steps. The end is, there is possibility for success but it's not easy.
aram V (5 months ago)
Necessary effort is the real key.
DZ (5 months ago)
He just make money by posting this video Love your video Thanks
MrYnoter (5 months ago)
I want to be rich so freaking bad. I have the drive, work ethic, & discipline just don't know where to start
Bose Odunubi (24 days ago)
MrYnoter (5 months ago)
Robot House of Forex You're not rich but you make a great living right?
Robot House of Forex (5 months ago)
Well, I'm not rich. So... take this for what it is. But, just start anywhere; you're bound to learn something for your next attempt.
Jesse Soto (5 months ago)
Thanks bub!
Hayden Harris (5 months ago)
No matter how hard you learn forex, it is still gambling on a totally random graph movement.
Andra Karsten (4 days ago)
Amir Stewart I'm not saying look at news a day after it happens. There's a site where you check what big decisions and meetings there are over the world. By reading previous news articles you can interpret what the outcome of those meetings will be amd buy or sell appropriately. Look at the past to see what will happen in the future, it's really not that difficult.
Amir Stewart (4 days ago)
+Andra Karsten The thing is, when the news are released the market has already made the move that you'd otherwise expected... it's called efficient market hypothesis
Bose Odunubi (24 days ago)
Andra Karsten (2 months ago)
Hayden Harris And I bet you did Binary trading. THAT is gambling.
Andra Karsten (2 months ago)
Hayden Harris But it is not. You can't read up to date current news on casino slots 😐 Just because you can't trade doesn't mean others can't. Just stop following other people's strategies. Simple as that. Stay away from other traders. If you can't put in the effort yourself don't discourage others from doing it.
Metis FX (5 months ago)
Time...effort...you just need the right app.
The Lavish Trader (6 months ago)
I 100% agree with everything that you just said! It takes patience and effort to become a profitable Forex trader. People believe that it's easy which it's really not and I had to find this out myself recently. Forex is a skill that takes practice. You need to learn how to chart, draw patterns, understand market structure, price-action, and the list goes on. I suggest anyone getting into Forex trading to study, study, and study some more until you understand how everything works. People are so eager to trade that they trade set-ups that aren't even there and end up blowing their accounts in the long-run.
Abz (6 months ago)
There not losing money because there not working hard. There losing money because there not working smart. You could work hard but have a different mentality by thinking you will be rich quick, when in fact this is more long term.
Robot House of Forex (6 months ago)
Yup, that's true too.
Mountain Lakes (6 months ago)
forex trading your going to go broke, it is fun but you cannot replace work at a real job. It is a scam
RenLaBaja score (5 months ago)
Mountain Lakes did you loose money on forex or how do you back up that is a scam?
Tatu Saalasti (6 months ago)
Mind blown
Andy Valdez (6 months ago)
What are your thoughts on a quality course for Forex? Could you give suggestions on what are some of the best books or courses?
Robot House of Forex (6 months ago)
I have purchased courses from https://www.scottwelsh.me/ and I think they are all excellent. His Trend Following course is great.
Jamie Cooper (6 months ago)
He seems like the Vegan, you wan't to bring along to get a house party fired up
Robot House of Forex (6 months ago)
I eat a lot of meat though.
salv236 (6 months ago)
thank you Robot House of Forex for sharing your insight, forex is not a get rich quick systems its hard work and you need to put in the time and effort to educate yourself before taking the plunge. I haven't yet started trading forex as i would like to understand it further before, keep up the good work with your videos.
Sampdon George (28 days ago)
I am from California USA and mr George have helped me a lot now I earn $45,000 per week with his strategy and guidance I recommend you to contact him at [email protected] com he is very honest and truthful he will guide you and help you for free and you will be able to trade for yourself and earn more money contact him politely and he will help you anywhere you are
Robot House of Forex (6 months ago)
ST (6 months ago)
The problem(s) with a EA is it only trades one pair, usually at 1 time frame, has no clue about economic news and the owner of the EA is not awake when it is running.
ST (6 months ago)
Let me be more clear. The problem with an ea is that pair has no idea what the main cross pair(s) are doing. A good example is the E/U. If your ea puts in a long and the E/G is short and U/J is long, your ea is going to lose the trade more than likely. Currency strength will always win in the long run.
Robot House of Forex (6 months ago)
You can set an EA on multiple pairs. Technical analysis does not require knowledge of fundamental analysis; both are valid imho.
Adrian Lawrence (6 months ago)
Great production of your videos mate
Robot House of Forex (6 months ago)
Thank you, it takes a few hours to make each one.
José Crisalide (7 months ago)
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Tanja Pantelic (7 months ago)
I certainly agree with you have written - definately more difficult than it sounds to profit from Trading and someone can be likely to lose money. Be cautious and take advice from other people who can prove they have made money. I searched round a few sites and found plenty of expert advice by searching google on websites such as Easy exchange blueprint. I wish you luck and hope you profit soon!
Bass Face (7 months ago)
Nice Video! In order to compete with institutional bank and hedge fund traders, you need to have your own power tools like complex algorithms and advanced components that include Adaptive Harmonics, Statistical Spectral Analysis, and Digital Filtration Analysis!
Chibuike Desmond (7 months ago)
I am a nigerian and I have been hearing alot about forex trading...... I do not know how to start it neither do I know how much capital is involved in kicking off .....please I need a tutorial
Jeremy Ariche (4 months ago)
@Chibuike Desmond Check out Simpleton's YouTube channel. He shows you how to read market structure and actually talks about how to trade the market. His channel is dedicated to implementation. Not floating abstract concepts and boring slide show presentations. His material is a bit difficult to understand at first because he doesn't trade strategies. He trades concepts. If you stick with it, trust me, it will pay off alot. It won't guarantee that you will be profitable, but you will certainly be a better trader.
mwiti Stanley (7 months ago)
Truth said!!!
FX Atom Pro Review (7 months ago)
great share.i like it
ForexNews99 (7 months ago)
A dream doesn't become reality through magic; it takes sweat, determination and hard work........
Lucy Elle (5 months ago)
This is the best thing I've ever heard <3
Pablo Alejandro (7 months ago)
Hola han leido o le han comentado sobre una nueva moneda virtual llamada CRYPTOSYLVER, donde se podrá cambiar el metal precioso o mineral natural por criptomonedas? En si será como una unificación de precios, donde el inversionista podra decidir el peso de gramos que quiera cambiar y eso sera luego calculado con la tasa del día de la moneda, para poner su dinero a trabajar.
Anthony Boissiere (7 months ago)
I need a good ecn/stp broker in the u.s.a
Guilan Forex (8 months ago)
GuilanFX can better help
LDOE: Survival Tips (8 months ago)
Well said
Robot House of Forex (7 months ago)
Sploxon (8 months ago)
We can't ALL be rich Forex traders!
Abdifatah Omer (8 months ago)
Thank you Man ☺
Jean Guillaume Isabelle (8 months ago)
You did help me remember I am being patient and working hard right now to create the life I want with the incomes I want :)
Bryan Mandan (8 months ago)
Thanks =)
Robot House of Forex (8 months ago)
You are welcome.
Try out and check out "FOREX ALERTS" new app on Android for trading Daily Chart only. App for Apple launches soon...Happy Trading!
pavchito1 (8 months ago)
You cannot trade forex with a robot fucking retard
Mikhail Oskonov (8 months ago)
how trade on ExpertOption?
Prince Godsent (8 months ago)
Your thought gives me confident. Can someone please help me master trading, it seens complicated to me
Bitpro 2097 (9 months ago)
Agree. Like anything, Forex requires work. There is no free lunch out there.
Ezekiel Harry (5 months ago)
Bitpro 2097 word
In search of a technique to earn from Forex. Google and search "Forex Profiter V3.1".
Kunal Pawar (9 months ago)
great audio
Alex Pogrmic (9 months ago)
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souer (9 months ago)
bla bla bla
Omezikam Ugwa (4 months ago)
Truth hurts right?...lol
Eyemallfunkedup (9 months ago)
You seem like an alright guy, but why do you let all these bots take over your comments? It's a turn off PEACE
Robot House of Forex (9 months ago)
Maybe there's a setting in youtube somewhere where I can restrict what get's posted. I'll look into that.
Footz Highlight (9 months ago)
bait every where...
Morgan Pettersson (9 months ago)
Thanks for the pep talk :) I don't know how many hours i've put in back testing, reading books and blogs, I've bought strategies and educations.
Omezikam Ugwa (4 months ago)
What have your results been like?
Robot House of Forex (9 months ago)
You're welcome. Best of luck!
snakebaby69 (9 months ago)
Work hard. Got it.
Jason Alerts (9 months ago)
You can't trade and win based on robots Its a newbie schoolboy mistake. I use trading algorithms and robots in my trading which has made me Millions in the Forex Market but you also have to have a Human element to everything.
Vanessa Salazar (4 months ago)
Jason Alerts can you help me get started?
tumbacan (9 months ago)
This guy is ful;l of shit. Asking to show you his broker statement . Bet he does't trade Forex because it nothing but am big ripoff. Brokers are thieves and not regulated as the government would like you think. Take FXZM for example, it was sold as the best broker in the US but it was nothing but a nest of scumbags the ripped off thousands of unsuspected so called investors and by the time the government agency in charge of regulating those thieve stepped in they had already left with the money. No one went to jail so what good are they. My advise, stal away from this forex crap or make those so called gurus that are trying to sell you those high priced courses show you their broker statemnt and be suspicious because they could be working for their broke. Beware of scumbag thieves, they strategies do not work.
tumbacan (7 months ago)
No, that is not what I'm saying. You will need a broker but make sure it is a good ECN broker and not any of those scumbag market makers that have been left stealing peolples money with the gobernment's approval. i.e. Oanda and a few others. They manipulate the signals and trade against you bacause most of them still use MT4 and that plataform is a piece of crap. If you don't know how to trade do not dump money in those scumbags coffers.
JayR (7 months ago)
tumbacan so your saying we shouldn't get a broker ?

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