I've made real money. My first year I took $700 to almost $5000. And most of that gain was in a couple months. You need a plan and you need focus.
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DislikedMy partner and i both trade so i have support in my endeavours ive only just started making a profit in the last few months ive been trade for about 3 years how much money you make obvously depends on your account size one thing i have learned is to have low risk so i trade .01 for every $1000 i have made about $680 this month so far off a small $3000 account so really the world is your oyster you either have to be very patient and slowly build your account or invest more money anyway good luck hope you make a profitIgnored
Disliked{quote} You have answered your own question. You test, it fails, you try something else. You need to pick one method and learn it because in the eyes of the market every trader is equal. What makes the method or system effective is not the method or the system it's the trader. Adopt it, baby it, learn it inside out and stick with it. There is no secrets. There isn't something special someone else know that makes th profitbale it's the fact they adopted a method and learned where, when and why it works bcause nothing works all the time. YOU CANT...Ignored
Disliked{quote} Enhorabuena mozart4646!!! You are persistent, if Id lose during 3 years I doubt Id continue trading anymore..... So, you made 22% last month, thats great...now the challenge is trying to do it consistenly, but I guess you will do it. Your advices are wise, most likely fruit of 3 years of up and downs... Good trading, and please let us know your montly success, many traders are in need to hear how some colleagues overcome difficulties before achieve the goals...keep it up!!!Ignored
DislikedI dont use any indicators i think they are a waste of time better to look at the charts for price actionIgnored
Disliked{quote} However, there are multiple accounts of people who have made millions by using indicators. In reality, it doesn't matter whether you use PA, order flow, indicators, astrological projection.... These are only ways of getting into the market. The absolute key is managing your trade once you are in the market.. whether it be no SL, scalping for 1 pip or whatever... There is a reason why good traders can take a losing system and be successful and a bad trader can take a winning system and make it a loser... People can take the exact same trades...Ignored
Disliked{quote} You have good points Roland. I agree almost everything you estated, but I want to mention something about the indicators, tools, etc...Even there are some guys making good money using all the indicators and tools, I thing this the long way to learn how to be profitable, and you have to have a very good understanding of all the system, regardless most likely you need some previous or learned background...I thinks it is much, much difficult way than price action. My opinion.Ignored