r/FOREXTRADING

I've been researching different online brokers and BrokerChooser keeps showing up in search results for reviews and comparisons.

Before I rely on it, I'd like to know if anyone here has used it to choose a broker. Are the reviews unbiased, and did the information match your actual experience?

If you've found it useful or if you prefer another comparison site- I'd appreciate your recommendations

I've been trading forex for a while, but I'm still trying to find a strategy that's consistent over the long term.

There are so many methods out there- price action, trend following, scalping, breakout strategies, and ICT or SMC concepts- that it's hard to know what actually works.

What strategy has given you the best results? Also, are there any websites or learning resources you'd genuinely recommend for improving forex trading skills?

Looking forward to hearing real experiences from other traders.

I want to ask all traders, whether experienced or beginners, how did you get to profitability? How did you manage the days when you spent hours watching charts and still kept losing, when nothing made sense, and what was the turning point in your trading career?

Maybe this question has already been asked here, but I would really like to read people’s individual stories again. I think there are many of us here who would appreciate reading personal experiences.

As a beginner, I am of course in a phase where even though I study a strategy perfectly every day, things still don’t make sense. I am slightly profitable, but I am absolutely not satisfied, and the “easy money” where everything follows the plan only happens maybe 2 trades out of 15. YouTube tutorials look beautiful, simple FVG setups, simple strategies where everything seems to work effortlessly: price hits the zone on the first retest, gets rejected, and then makes a big move up or down.

But then reality comes, real trading, and you realize that markets work completely differently 90% of the time. I know this is not sustainably profitable long-term, it’s more luck than skill.

More experienced traders, please advise us on how to improve market reading, how to take things to the next level. I would really like to learn from someone who is already experienced in this business and can share their story, maybe change many people’s perspective and open their eyes.

Thank you.

Am interested in starting forex and am lost on where exactly to start.

Here they are.
I made $200 today, and you're wondering how? It's very simple. This guy, u/lardladd, helped me get passive income.

Hi guys I wanted to ask is it possible to turn £100 into £1000 with trading Gold? I’ve seen a lot of traders say it’s possible but I’ve already lost so much with trading so don’t know if I’m willing to risk it.

#forextrading

I'm curious as to what kind of fundamental and macro data most forex traders look at when making trade decisions on currency pairs.

I posted a few weeks back on Eurjpy shorts on an intraday win, now I've done it again (small account) on a swing trade. Ive had a horrible history with swings, pre using fundamental analysis

10%+ months are very possible.

Most profitable traders aim for 3-5 %, assuming they risk 1% thats 3-5 RR in return per month.

they copy trade these exact same trades with another trading account specifically for compounding. Same trades but higher risk. Assuming they hit around 3-5% on average per month risking 1% and they copy trade the same trades on a account with higher risk, they can compound their money fast.

Lets say they risk 5% per trade and return 3-5RR average every month. thats 15-25%.

what do you think about this?

For two years I was convinced EUR/USD was a trending pair. I'd look at a 4H chart, see a nice uptrend, buy the dip — and watch it reverse right back into the range.

The uncomfortable truth: EUR/USD ranges 70-80% of the time. It's not a trend pair in the traditional sense. It's a mean-reversion machine with occasional bursts of direction when there's a fundamental catalyst.

Once I stopped fighting this and adjusted my strategy, everything changed:

• Switched from trend-following entries (breakouts, pullbacks in trend) to fading the edges of the range on 1H/4H timeframes • Target: 50-60% of the prior 5-day ATR range per move • Exit: 50% at midpoint, trailing stop on the rest

My win rate dropped from 62% to 44%. But my R multiple went from 0.8:1 to 2.4:1. Net result: positive expectancy for the first time on this pair.

The hardest part wasn't the strategy — it was accepting that my mental model of the pair was wrong. EUR/USD isn't trending. It's a range that expands during news events.

Any other forex traders have a pair they had to completely rethink? What changed for you?