Pips Magnet

Pips Magnet Educate forex traders and aspiring forex traders who think forex is about flipping a $10 account to buy a Ferrari and a mansion, what it's really about.

26/08/2026

Check out my review for FundedNext on PropFirmMatch.com

Last week was all politics and record-breaking gold prices.But this week is about to become hot🔥.We start the week with ...
20/10/2025

Last week was all politics and record-breaking gold prices.

But this week is about to become hot🔥.

We start the week with the PBOC's rate decision and China's GDP.

Tuesday and Wednesday, there's inflation data from Canada and the UK.

We'll end the week with U.S. inflation (CPI) and PMI figures for the Eurozone, Germany, the UK, and the U.S.

I came across this 👇 post, someone complaining that trading is gambling.Of course, it's gambling.When we buy & sell cont...
17/10/2025

I came across this 👇 post, someone complaining that trading is gambling.

Of course, it's gambling.

When we buy & sell contracts, we're making bets, risking money in the hopes of making a return. Which, by the very definition, means gambling.

But traders, we have something that casino gamblers don't have...

We take calculated risks and work with a statistically quantifiable advantage (an EDGE), which allows us to be profitable over the long run.

If you don't have an edge, then there's no difference between you and the casino gambler.

With the EDGE, we get to be the house.

I tell yuh!
16/10/2025

I tell yuh!

Another week to lock in.Here 👇are the news items to expect in the red folder for the rest of the week.Happy hunting.
13/10/2025

Another week to lock in.

Here 👇are the news items to expect in the red folder for the rest of the week.

Happy hunting.

12/10/2025

You people are savages 🤣🤣

‎I created my 1st forex account in 2019. Ever since, I have been trading on and off, depending on how often I blew accou...
10/10/2025

‎I created my 1st forex account in 2019. Ever since, I have been trading on and off, depending on how often I blew accounts. So far, I have been trading consistently for 2 years.
‎
‎When I started, I had the same mentality as most of you. I wanted to buy my 1st Ferrari within a few months, and a mansion within a year. The market, however, was so quick to correct me. Taking my peanut deposits and rewarding others who were more disciplined and had invested more in the learning.

‎‎My learning curve has been a steep one. Sometimes I got burnout. So many times I wanted to give up. But if you're determined to learn, you'll have happy moments one way or another.

‎Adding capital to your portfolio is always a great moment!

‎If you have this certificate, you should pat yourself on the back because getting here is not easy.

‎If you're working on getting one, keep grinding...

My Forex Funds is making a comeback!In August 2023, MyForexFunds was shut down after US and Canadian regulatory bodies ...
10/10/2025

My Forex Funds is making a comeback!

In August 2023, MyForexFunds was shut down after US and Canadian regulatory bodies froze its assets due to allegations of false filings.

A U.S. federal judge dismissed their case, and they have now announced a massive comeback.

Will they compensate their traders? 🧐

People on the internet will always give you funny advice. If you follow this one 👇👇 you'll end up questioning your creat...
09/10/2025

People on the internet will always give you funny advice. If you follow this one 👇👇 you'll end up questioning your creator.

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