Economists have forecast 9 out of the last 5 recessions
Scalping! Can it really be profitable in the long term? 54 replies
How long did it take to become consistently profitable? 117 replies
How long the learning time to breakeven/be profitable? 8 replies
How long do you hold a trade and are you profitable? 22 replies
Trend Smasher - Profitable Mechanical Long Term Position Trading 109 replies
DislikedIt's possible to be profitable in 3 monthes, but to be profitable constantly it takes 1-2 years.Ignored
DislikedThe amount of time it take for you to be consistent depends on the trading style you choose...
And also:
How disciplined you are
How patient
and so on...
I spent almost one year figuring out what style I wanted to trade...
then another year too learn that I have to stick too the rules...
As I tell my friends, it's like you reach a point where you know how to loose weight but you still can't do it..
The line between success and failure is very small in forex...Ignored
DislikedI've been trading for 2 years and still not closing many months with profit. But i am trying really hard and have stabilized my account a bit; I don't blow it up like i did before LOLIgnored
DislikedThe question should be: how long will it take you to be profitable? And the answer to that question is relative. Therefore, are you individually prepared to do the things that are necessary to be successful, consistent in trading? Many people aren't. That's why success elude them from year to year. Trading is 90% mental. Consistency is 90% mental. If a trader is not consistent in his head, he will not be consistent in his trading. Do you see a consistent way to make pips when you look at your chart? If you do, that is your edge. The simpler your...Ignored