Hi L, where in Aus are you? For what it's worth....here is my take on trading. Most get in with $$ signs in their eyes after seeing what can be made at this and get very excited at how simple it looks...first it's a whole lot of fun with a few nice wins. After a while things aren't so easy and the obsession to "be right" sets in. Finally, frustration; self doubt; and personal "beat ups" begin as mistakes escalate driving one to try more and more different methods till you've been "around the block" so many times you become exhausted (and broke
). If you haven't left by then; you begin to get rid of all the indicators except maybe one or two that have really found a place in your heart. You begin to quietly watch price action with no expectations anymore, just observations. Little by little your own "methodology" begins to grow. Soon, it's not about the money at all but the quality of each trade...before long you are realising what RedLion is talking about...the market has a range that it moves in each day; and if you're not greedy, you can have some of it. Monitoring a number of different currencies will give you at least one a day which will fill the criteria of your method. Simplicity becomes the key; the excitement and desperation disappears; and it becomes just like any other reason you go to work. It stops being a "game of excitement"; or something to "keep you amused"; it is simply your job...and you just do it each day as the market allows. Becoming a professional trader takes a journey, the only thing that is going to stop you is if you stop walking...good luck oz; just don't give up on the journey.
). If you haven't left by then; you begin to get rid of all the indicators except maybe one or two that have really found a place in your heart. You begin to quietly watch price action with no expectations anymore, just observations. Little by little your own "methodology" begins to grow. Soon, it's not about the money at all but the quality of each trade...before long you are realising what RedLion is talking about...the market has a range that it moves in each day; and if you're not greedy, you can have some of it. Monitoring a number of different currencies will give you at least one a day which will fill the criteria of your method. Simplicity becomes the key; the excitement and desperation disappears; and it becomes just like any other reason you go to work. It stops being a "game of excitement"; or something to "keep you amused"; it is simply your job...and you just do it each day as the market allows. Becoming a professional trader takes a journey, the only thing that is going to stop you is if you stop walking...good luck oz; just don't give up on the journey.