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Is trading really that hard?

  • #421
  • May 25, 2018 5:36am May 25, 2018 5:36am
Quoting ekoveadvisor
{quote} not at all, its an indicator pal.
It refuse to display or come up on my system..
Okechukwu Jacob.C.
  • #422
  • May 25, 2018 6:27pm May 25, 2018 6:27pm
Obviously trading is a very hard profession, but I think most aspiring traders never think trading this way when they start in this business, what they think are the benefits of being an online trader rather than thinking of how hard it will be to achieve success in this profession.
  • #423
  • May 25, 2018 11:48pm May 25, 2018 11:48pm
The forex trading is really hard for people like me. I don't have good money management and good candlestick reading skill.
  • #424
  • May 26, 2018 4:48am May 26, 2018 4:48am
Quoting antonblood63
The forex trading is really hard for people like me. I don't have good money management and good candlestick reading skill.
yes it is. in spite of having most powerful analyzing trade knowledge that's not possible to make profit with consistency , if you don't know how to manage money when trading.
  • #425
  • May 26, 2018 5:25am May 26, 2018 5:25am
Quoting antonblood63
The forex trading is really hard for people like me. I don't have good money management and good candlestick reading skill.
The only thing I can advise you is to keep practising. That's the only way to improve.
  • #426
  • May 27, 2018 3:04am May 27, 2018 3:04am
Quoting mlawson71
{quote} The only thing I can advise you is to keep practising. That's the only way to improve.
Yes , practice can make us as a perfect trader but we can’t concentrate in practice session particularly when trading in a demo account , so sometimes I prefer micro account instead of demo. Its my own experience.
  • #427
  • May 27, 2018 3:41am May 27, 2018 3:41am
Quoting AdamCrist
{quote} Yes , practice can make us as a perfect trader but we can’t concentrate in practice session particularly when trading in a demo account , so sometimes I prefer micro account instead of demo. Its my own experience.
bravo, i was just thinking about that
A new journey in life ...
  • #428
  • May 27, 2018 4:42am May 27, 2018 4:42am
Quoting AdamCrist
{quote} Yes , practice can make us as a perfect trader but we can’t concentrate in practice session particularly when trading in a demo account , so sometimes I prefer micro account instead of demo. Its my own experience.
good message , but there is some negative affects if anyone kick off micro account instead of demo, greed and emotions most foremost from all.
  • #429
  • May 28, 2018 6:15am May 28, 2018 6:15am
Quoting AdamCrist
{quote} Yes , practice can make us as a perfect trader but we can’t concentrate in practice session particularly when trading in a demo account , so sometimes I prefer micro account instead of demo. Its my own experience.
I don't think that anyone can be a perfect trader, not even the professional ones. I do agree with the rest however. Demo trading is necessary and good up to a point, some things can only be learned on a live account.
  • #430
  • May 28, 2018 10:52pm May 28, 2018 10:52pm
Quoting mlawson71
{quote} I don't think that anyone can be a perfect trader, not even the professional ones. I do agree with the rest however. Demo trading is necessary and good up to a point, some things can only be learned on a live account.
Sure, no perfect trader anyway... May be he meant a good trader with consistent profit making
Okechukwu Jacob.C.
  • #431
  • Jun 1, 2018 6:21am Jun 1, 2018 6:21am
What is hard for one person may be very simple for someone else and vice versa. So, whether trading is hard or not will depend on each individual. Learning and understanding the nitty gritties of trade will not happen overnight. And during the learning phase there will be times when you might find it difficult and confusing. But once you have a firm hold over the concepts and tricks of the trade then it will seem easier. It takes time, so be patient with yourself. Most of all always be on your toes about what’s going on in the market and economy and trade with good, reliable strategies that will help in earning better profits.
  • #432
  • Jun 1, 2018 11:14pm Jun 1, 2018 11:14pm
Quoting antonblood63
The forex trading is really hard for people like me. I don't have good money management and good candlestick reading skill.
It's all in the mind. What is hard, what is easy to you? One can be hard to you, but easy to me. Cooking may be hard to me, but easy to chefs. If it's hard, just practice. Practice makes progress. You will never achieve perfection. Why don't you want to achieve perfection...some might ask. There's always room for improvement. You never strive to achieve perfection. Just like how the society is always progressing. You don't have to practice 8 hours a day if you have studies/full-time job. I'm talking about just 30 minutes daily, practicing your chart-reading skills. Warren Buffet spends 6 hours each day looking at newspapers. These small daily efforts are compounded every single day which makes a difference. Never give up!
  • #433
  • Jun 2, 2018 3:12am Jun 2, 2018 3:12am
Quoting boostermm
{quote} Agreed Discipline is key I believe
Sometimes I feel determination is the key to success in Forex trading, every faction in Forex trading is volatile and there is no one who can predict this with surely, so if you are not determinate, there is no real chance to keep sustain in a proper way.
  • #434
  • Jun 2, 2018 11:37am Jun 2, 2018 11:37am
Quoting jacobokey12
{quote} It refuse to display or come up on my system..
screenshoot your problem so we can help.
forex is better than cryptocurrency, trust me.
  • #435
  • Jun 3, 2018 1:55am Jun 3, 2018 1:55am
Quoting Muhammad Ezz
I was reading earlier today the pdfs explaining the Sonic R trading style and yesterday I watched a couple of videos for Al Brooks PA course. I just had two lines sticked to my memory. When Brooks said " when I was an eye surgeon before starting trading I was able to make one surgery at a time while in trading I can have lots of shares and profit more, this is a hard job but well rewarding " and in the one of Sonic pdfs he talked about that people should take trading seriously and asked this question " how many years are you willing to go to a college...
it's easy yet the harest thing to be consistent at.
  • #436
  • Jun 3, 2018 3:49am Jun 3, 2018 3:49am
Quoting LuKa12
{quote} it's easy yet the harest thing to be consistent at.
That’s the key point; there have less than 10% consistent players including the retail & institutional traders.
  • #437
  • Jun 4, 2018 4:02am Jun 4, 2018 4:02am
Consistent profit is a big challenge , it can be achievable if you have long term experience which is very supportive to predict the real faction of this market with certainly.
  • #438
  • Jun 18, 2018 3:16am Jun 18, 2018 3:16am
To be experienced about fundamental knowledge is not a minor issue, need to pass a long time , you can take Forex factory economic calendar , it’s a great source to acquire real fundamental knowledge.
  • #439
  • Jun 18, 2018 5:34am Jun 18, 2018 5:34am
yes , always prefer Forex factory economic calendar particularly when trading in news.
  • #440
  • Jun 18, 2018 7:16am Jun 18, 2018 7:16am
Quoting AlexImam
yes , always prefer Forex factory economic calendar particularly when trading in news.
I have been using the Forex Factory calendar for years now in lieu any other calendar out there because I find to be very comprehensive and also its filters are very intuitive to use.
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