Is trading really that hard? | Page 17 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

do you think trading is really that hard? 42 replies

FOREX.COM's trading platform is really nice! 44 replies

Do you find it really hard to trade the USDJPY? 9 replies

MB Trading really an ECN? 48 replies

The Really Really Boring Forex System 97 replies

Attachments: Is trading really that hard?
Exit Attachments

Is trading really that hard?

  • #321
  • Oct 20, 2017 5:04am Oct 20, 2017 5:04am
Trading is not any easy process! It’s all about hard working and determination! This is why, more than 90% Forex traders are unable to make money by Forex trading! By the way, trading is not impossible but problem is, it takes such a long time to learn.
  • #322
  • Oct 21, 2017 7:45am Oct 21, 2017 7:45am
Quoting Nick.Sa
{quote} The thing is that everybody is "aiming to profit" but most of us can't do that.
That's true, unfortunately, most traders are unsuccessful for various reasons, be it lack of knowledge, or experience, or discipline, or all at once.
  • #323
  • Oct 21, 2017 10:45am Oct 21, 2017 10:45am
i personally teached 2 people how to trade: my wife and a close friend.. My wife its on the transition to trade full time now and my friend does well too (no trading right now but for other reasons)

1 month teaching them how to do it, another month in demo and then they went LIVE; BTW my wife kick ass with WTI, USD/CAD, AUD/CAD and my friend have a great accuracy for entrys in forex (even better than me lol)

the main problem its how you learn and what you read about "trading" online and even with the "paid courses" there are a ton of wrong/outdated concepts STILL around and thats what RECK your trading aproach and results
  • #324
  • Oct 22, 2017 11:27am Oct 22, 2017 11:27am
Trading isn't hard, It takes time like everything else. You have to get your ass up early in the morning, take your dump, have a fucking shave and shower, sit your ass down and watch the charts for hours. Throw your God damn indicators in the bin..learn to see price action as second nature..if you cant do that yet dont try and do anything else.
Sit your ass down quietly on a chair and observe price action.
  • #325
  • Oct 23, 2017 6:21am Oct 23, 2017 6:21am
I think people refer to trading as "hard" is because it takes so much time to learn to do it properly. It's not a skill you can pick up quickly and go on to make a profit. The learning process is long, it requires quite a bit of effort and probably one loses money in the mean time. So people view trading as difficult.
  • #326
  • Oct 24, 2017 8:45pm Oct 24, 2017 8:45pm
Quoting havo
i personally teached 2 people how to trade: my wife and a close friend.. My wife its on the transition to trade full time now and my friend does well too (no trading right now but for other reasons) 1 month teaching them how to do it, another month in demo and then they went LIVE; BTW my wife kick ass with WTI, USD/CAD, AUD/CAD and my friend have a great accuracy for entrys in forex (even better than me lol) the main problem its how you learn and what you read about "trading" online and even with the "paid courses" there are a ton of wrong/outdated...
what methods did you teach them?
  • #327
  • Oct 25, 2017 1:41am Oct 25, 2017 1:41am
Havo please tell me more about your trading style i also sent you pm.

Thank You.

Best regards
  • #328
  • Oct 26, 2017 2:19am Oct 26, 2017 2:19am
mlawson71 summarised it very well.
A lot of people enter the forex market with the idea they will become millionairs overnight. In reallity the truth is ve-e-ery different. Mastering FX trading is time-cunsuming and requires a lot of skills.
Bottomline: This game is is not for naïve people
  • #329
  • Oct 26, 2017 7:03am Oct 26, 2017 7:03am
Quoting UlliC
mlawson71 summarised it very well. A lot of people enter the forex market with the idea they will become millionairs overnight. In reallity the truth is ve-e-ery different. Mastering FX trading is time-cunsuming and requires a lot of skills. Bottomline: This game is is not for naïve people
I think that the straight up unethical advertising some (a lot of) Forex brokers use also doesn't help matters at all. That advertising promises quick and easy profits to inexperienced people. Sometimes the people in question may even be naive, generally speaking, but their lack of experience and their ignorance lead to losses until they either quit or get wiser about their trading.
  • #330
  • Nov 6, 2017 3:59am Nov 6, 2017 3:59am
Quoting mlawson71
As a newbie I thought that trading would be hard, but the reality of it was that trading was even harder than what I imagined. That's the thing about imagination - it often falls short of reality.
That’s the reality! When I was a new Forex trader then I was with the same ambition! Now, I know the reality of Forex! This is why, now I am very much happy with my 5% monthly return.
  • #331
  • Nov 6, 2017 8:58am Nov 6, 2017 8:58am
Quoting DarrenLehma
{quote} That’s the reality! When I was a new Forex trader then I was with the same ambition! Now, I know the reality of Forex! This is why, now I am very much happy with my 5% monthly return.
If my monthly return was 5% I would probably be happy too. Now it often falls short of that goal. That said, I am generally content when I make a profit, even if it's small.
  • #332
  • Nov 6, 2017 11:51am Nov 6, 2017 11:51am
Trading is not hard.What is is much harder is overcome yourself.
Whether you think you can, or you think you can't,you're right. H.F.
  • #333
  • Nov 7, 2017 7:46am Nov 7, 2017 7:46am
" If you've failed that means you are doing something. If you are doing soething, you have a chance"

Robert Kiyosaki
  • #334
  • Nov 13, 2017 9:06am Nov 13, 2017 9:06am
Quoting Kxeroo
" If you've failed that means you are doing something. If you are doing soething, you have a chance" Robert Kiyosaki
That is a great inspirational quote, I hadn't heard it before. I will definitely take it to heart.
  • #335
  • Nov 14, 2017 6:15am Nov 14, 2017 6:15am
Quoting GeorgeBaile
Trading is not any easy process! It’s all about hard working and determination! This is why, more than 90% Forex traders are unable to make money by Forex trading! By the way, trading is not impossible but problem is, it takes such a long time to learn.
I have only just looked at forex and know nothing. But could it be viewed as the federal reserve and hedge funds and foreign exchange traders manipulating the market to create false spreads to stop the market from stagnating. Without currency movement there would not be enough trading to support these large institutions. So therefore it is in reality not a reality.
  • #336
  • Feb 14, 2018 5:38am Feb 14, 2018 5:38am
Quoting Kxeroo
" If you've failed that means you are doing something. If you are doing soething, you have a chance" Robert Kiyosaki
Very much motivational quote! Thank you very much for adding this quote here!
  • #337
  • Feb 14, 2018 8:14am Feb 14, 2018 8:14am
Putting on a winning trade is easy. Making a living is hard.
  • #338
  • Feb 14, 2018 8:25am Feb 14, 2018 8:25am
To answer the original question: yes.
  • #339
  • Feb 14, 2018 9:16am Feb 14, 2018 9:16am
Quoting MoneyFocus
To answer the original question: yes.
Absolutely! As a result, more than 90% retail traders are unable to make regular money here! it takes such a long time to understand the principles of Forex market.
  • #340
  • Feb 14, 2018 10:38am Feb 14, 2018 10:38am
Quoting GeorgeBaile
{quote} Absolutely! As a result, more than 90% retail traders are unable to make regular money here! it takes such a long time to understand the principles of Forex market.
I think that number may even be close to 95%. Unfortunately few people succeed as traders.
1 trader viewing now