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Attachments: The 5 Steps to becoming a trader
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The 5 Steps to becoming a trader

Step 4 is good enough for me.
I am 90% profitable all the time.

Heck, I don't need ALL the money in the world to myself.

Money is needed to enjoy a good lifestyle.
This means I will be happy when I have enough to do what I need to do.

Excessive surplus is just plain greed.
:nerd:
To Live is the rarest thing in the world , Most people exist , that is all
Quoting Brunite


Good luck to those along these stages. I will give one hint: Eventually you will have to get off the system bandwagon and learn HOW to trade. It is a skill-set that can be learned......but it takes time. Years.....and 1000's of hours. Yep....1000's of hours of testing and study. Sorry....there are no shortcuts. I looked for quite some time......ain't there. Don't expect to make a living doing this with any less work than you would devote to mastering any other vocation. This is not get-rich quick. Those with intelligence...
NEVER have truer words been spoken! Listen people, as Brunite speaks wisdom. Can you commit?

Quoting maheswara
is there a sticky option in the forum ?
apparently not,
FF should consider introducing it ... any way to pass the idea to the admin ?

Yes,please sticky this thread...very valuable
Out of all of the articles I've read on trading, the one on the first post of this thread is the best.
To Live is the rarest thing in the world , Most people exist , that is all
, nice post from Dial.
I love the start of this thread. I am yet to read it all.

I made the transition from stage 1 to stage 2 sometime last night ( i think / hope ) after spending a couple of months down in demo land.

To be honest I am still trying to cope with the despair. There I was thinking it was going to be easy.....

I am very glad I have actually joined this forum and started to read a bit more instead of blowing my demo account. Don't get me wrong, I will go back to blowing my demo account soon. It is just nice to have a break from it and smell the flowers.

Cheers.

Adam.
Quoting adamnz
Don't get me wrong, I will go back to blowing my demo account soon.
C'mon and hurry! Your demo broker is waiting to take your monopoly money!

Just kidding.
Have a good one!
Quoting charlyher
Excessive surplus is just plain greed.
So, having too much of more than we need is a desire to have more than is needed?
Quoting Mr J
So, having too much of more than we need is a desire to have more than is needed?
Yes. Definitely. Wait a minute. What?
Quoting Mr J
So, having too much of more than we need is a desire to have more than is needed?
Yes and No. Problem is "too much" is relative in a business where the bottom line is make as much money as possible. Which means we are all greedy. I am greedy. Come to the dark side. We have cookies.
Sorry, it was a rhetorical question, intended to draw attention to the post I quoted.
Excellent post!

If I'm starting to not care whether I lose or win, as long as I've done my analysis and I'm not risking more than 2% per trade, which level am I in??

edit: It's real! Only ~5% is in level 5!
To Live is the rarest thing in the world , Most people exist , that is all
Don't you know, bump it up,
You got to bump it up,
Don't you know, bump it up,
You got to bump it up,



V
Don't you know, bump it up,
You got to bump it up,
Don't you know, bump it up,
You got to bump it up,
http://cdn.forexfactory.com/images/s.../yim/happy.gif
I like your first post...

I am step 2... but not for all I hope
I'm not sure about step 5 with forex, I actually think step 4 of conscious competence may well be safer, it's probably each to his own though.

I do like your comparison to college courses, I find it amazing that people will spend fortunes going to college for 3 years to obtain a qualification so that they can work hard to pay debt off and yet expect to learn forex in a few weeks and make millions.

it's not an analogy even, it's a full direct comparison.
bump . . .
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