What investment is making you 10%+ yearly?
- Thread starter bibing
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You need to open a bank account in Armenia and then apply for a brokerage account. You can then invest into any corporate / government bonds and shares listed on AMX.
https://amx.am/
You can go to Armenia and then visit any ACBA bank (or any other bank that is open to foreigners) and open an account. You need to ask for a brokerage account.
https://amx.am/
You can go to Armenia and then visit any ACBA bank (or any other bank that is open to foreigners) and open an account. You need to ask for a brokerage account.
I dont think you need brokerage account for purchasing pre allocation directly from the bank. You just need normal bank account.
If you buy bonds off the market you usually get worse yields because there are plenty of people who are competing for the same bond on AMX. They pump the price
If you buy bonds off the market you usually get worse yields because there are plenty of people who are competing for the same bond on AMX. They pump the price
There are great robots for forex.
You can see one of them has 7 years of track record there:
https://www.mql5.com/en/signals/995287?source=External
But last year it had a DD that is nowhere happened near in the 7 years as it become popular.
I am using a similar EA with a similar return and lower DD with 2.5 years of track record, but will not tell everyone. Because if everyone uses it, system will be ruined.
To find your own, try below:
https://www.mql5.com/en/signals/mt5
You can see one of them has 7 years of track record there:
https://www.mql5.com/en/signals/995287?source=External
But last year it had a DD that is nowhere happened near in the 7 years as it become popular.
I am using a similar EA with a similar return and lower DD with 2.5 years of track record, but will not tell everyone. Because if everyone uses it, system will be ruined.
To find your own, try below:
https://www.mql5.com/en/signals/mt5
You need to learn price action first. Don't invest until you learn first. Or you will loose your entire equity. When it's a highly trending market don't enter if you are not in it already. You need indicator knowledge too. This learning process requires knowledge and years of experience. Keep trying your strategies on demo accounts and make them profitable first. Market is in 70 percent ranging mode. Some traders are able to trade in it with deadly accuracy. While others wait for strong swings.
"prop firms" are a scam. Why would you let random people gamble with your money? Real traders work for institutions or with their own money. Forex is the hardest asset to trade by the way (just nice for it's opening hours and the leverage) - always changing between random sideways fuckery and trends with tons of fakeouts. You really need to know what you're doing. EAs work until they don't.
Real prop firms are not a scam. There's not that many of them (places like SMB) and usually hard to get into.
"Prop firms" in quotes are something between a Ponzi and a casino. Not really a scam because they are not banned and it's possible to get money out of them, however the people actually getting payouts is <1% of all traders and often it's the affiliates that promote them.
Another good point mentioned above is that an average retail trader has absolutely zero edge in scalping random forex trades. You can be profitable by swing trading stocks, finding edge in crypto. Some people can trade futures and if you like it more spicy, then stock options.
Forex is incredibly difficult, often random, all odds are stacked against you and that includes brokers and/or prop firms that will trade against you, add slippage and spreads or just completely fake the trades. Imho if a trader is long-term profitable trading forex at a "prop firm", it means he's in the 0.1 % and he'd be even more profitable if he switched to swing trading stocks with his own capital.
"Prop firms" in quotes are something between a Ponzi and a casino. Not really a scam because they are not banned and it's possible to get money out of them, however the people actually getting payouts is <1% of all traders and often it's the affiliates that promote them.
Another good point mentioned above is that an average retail trader has absolutely zero edge in scalping random forex trades. You can be profitable by swing trading stocks, finding edge in crypto. Some people can trade futures and if you like it more spicy, then stock options.
Forex is incredibly difficult, often random, all odds are stacked against you and that includes brokers and/or prop firms that will trade against you, add slippage and spreads or just completely fake the trades. Imho if a trader is long-term profitable trading forex at a "prop firm", it means he's in the 0.1 % and he'd be even more profitable if he switched to swing trading stocks with his own capital.
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