Post
Topic
Board Trading Discussion
Re: Crypto trading vs Forex trading
by
New.in.trading
on 06/09/2021, 07:38:04 UTC
Please advise which one is best. Which one is more profitable? Crypto trading or Forex trading?
You should really take a step back and find out what you want. Given fix rules around your trading, it does not matter what you trade, EurUsd or BtcUsd. You can trade only one currency pair, looking to score 10 pips a day. If you can do that like 80% of the time, you could then raise the risk and reward of these 10 pips to a total of 1k per trade, 10k per trade 100k per trade, it doesent matter. You could also learn how Elliot or Wyckoff traded the markets and have 10 trades a day with a RR of 1:10, loos 7 of them, win 3 of them and still raise your risk per trade after some time.

Its all perspective. And passion. If you come for the money only, you will be gone soon. Hard lesson I learned and paid a lot to learn this.