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Is trading really that hard?

  • #21
  • Oct 3, 2013 9:04am Oct 3, 2013 9:04am
Quoting renegade
{quote} I look at how much money I stand to lose versus how much I stand to make.
This is Golden, especially the second part " how much I stand to make " .. Guys think about it
So sorry for always replying late! But I got 2 Jobs!!
  • #22
  • Oct 3, 2013 9:05am Oct 3, 2013 9:05am
Quoting renegade
{quote} In my opinion S&R and PA are king, and sticking to good MM rules. I look at how much money I stand to lose versus how much I stand to make. There are plenty of time tested approaches out there, not only one. One approach does not fit all unfortunately. I personally do not have time, or like, watching charts 16 hrs a day. I trade the daily, weekly, monthly carts, and only look and place trades once a day. That may be way to slow and boring for those who feel they have to be in the market all the time. I admire your enthusiasm and wish you...
All the best for you too
So sorry for always replying late! But I got 2 Jobs!!
  • #23
  • Oct 7, 2013 1:18am Oct 7, 2013 1:18am
Trading is not hard, I am only taking 3-5 daytrades. The most important thing in tradeing is develop a good risk reward strategy. If I look for a 50 cent bounce my stoploss is also 50 cents.
  • #24
  • Oct 7, 2013 6:59am Oct 7, 2013 6:59am
To answer the threadstarter´s question: Yes, extraordinarily hard.
  • #25
  • Oct 7, 2013 8:25am Oct 7, 2013 8:25am
imagine if you bought stocks when the FED said so and relaxed.

trading is fools gold,yet we persist.
wo-yoy! wo-yoy! wo-yoy! wo-yoi! wo-yoy-yoy-yoy!
  • #26
  • Oct 7, 2013 12:01pm Oct 7, 2013 12:01pm
I lost millions in forex
and I'm still alive
With a good book and quality paper you can fine wipe your ass.
  • #27
  • Oct 7, 2013 12:03pm Oct 7, 2013 12:03pm
its as easy as getting laid...
  • #28
  • Oct 7, 2013 12:11pm Oct 7, 2013 12:11pm
Quoting nbwilson23
its as easy as getting laid...
...with Gisele Bündchen.
  • #29
  • Oct 7, 2013 12:14pm Oct 7, 2013 12:14pm
Quoting nbwilson23
its as easy as getting laid...
are you starving
With a good book and quality paper you can fine wipe your ass.
  • #30
  • Oct 7, 2013 12:22pm Oct 7, 2013 12:22pm
haha lol. shoot. if i lost my money on women the way i lose it in FX. id have a different one in my bed every night....
But i dont. because women have to earn that. and i sleep in there beds...

I go for the ones with money.. divorcees. its easy in nashville. lots of divorced doctors wives . Gotta get that capital lol
  • #31
  • Oct 7, 2013 12:27pm Oct 7, 2013 12:27pm
man then forget about forex you don't need it
With a good book and quality paper you can fine wipe your ass.
  • #32
  • Oct 7, 2013 12:29pm Oct 7, 2013 12:29pm
i mean.. i dont wanna marry these women. i just want there money. gotta siphon it off little by little while building a nice big investment thats is continuously growing... Get them to buy me a car. new clothes. pay off my debt.. then. poof. peace out. Ever seen spread?

If i am that successfull in my endeavors i will be one happy man. except for the end.. i dont want to deliver groceries.
  • #33
  • Oct 8, 2013 3:34am Oct 8, 2013 3:34am
Trading forex isn't hard at all. It's soooo simple that anyone can do it, and they do.
Of course finding what works for you and sticking to it takes alot of disipline and that's where most people will fail.

Do what it takes to find a style or system that works for you and stick to it.

Took me 7 years to find my trade and now it just rolls without any effort what so ever.
On a Wing and a Prayer.
  • #34
  • Oct 8, 2013 4:40am Oct 8, 2013 4:40am
IMHO

Trading forex is not difficult at all. Its just a couple of clicks here and there.

Being a successful trader is more difficult.

The most difficult of it all is being a DISCIPLINE trader.

Lots of traders KNOW what to do but simply fail do it. Cos most of the time, people tend to see what they WANT to see in the charts.

Greed is also a major downfall for a lot of failed traders.

Trading is simple. As i learn many many many many years ago. Make pips, Keep pips. Repeat!

Its being discipline that is difficult for many people.
  • #35
  • Oct 8, 2013 5:00am Oct 8, 2013 5:00am
Quoting nbwilson23
i mean.. i dont wanna marry these women. i just want there money. gotta siphon it off little by little while building a nice big investment thats is continuously growing... Get them to buy me a car. new clothes. pay off my debt.. then. poof. peace out. Ever seen spread? If i am that successfull in my endeavors i will be one happy man. except for the end.. i dont want to deliver groceries.
You sound like a nice person. We'll stay well clear of you.
  • #36
  • Oct 8, 2013 9:10am Oct 8, 2013 9:10am
lol jen. i have a pretty face though. and im sincerely a nice guy. but... i love money.
  • #37
  • Oct 9, 2013 1:57am Oct 9, 2013 1:57am
Trading is like opening a door to empty room with dragon in it.You kill the dragon and open another door then you got a joker with teeth.Kill that and open another door and find laughing banker.Kill that clown and finally set yourself free.
Most fail to pass 2nd room.It takes determination and will to succeed.It must be innate.You must like trading passionately to succeed.If you just want to make lot of money you will fail.
You must like trading even when not making money...think about that.If you can't accept this you should try something else.
I breath, shit Trading even in my sleep at times.That's what it takes!Total commitment
In trading, you have to be defensive and aggressive at the same time
  • #38
  • Oct 9, 2013 2:02am Oct 9, 2013 2:02am
Quoting Davit
Trading is like opening a door to empty room with dragon in it.You kill the dragon and open another door then you got a joker with teeth.Kill that and open another door and find laughing banker.Kill that clown and finally set yourself free. Most fail to pass 2nd room.It takes determination and will to succeed.It must be innate.You must like trading passionately to succeed.If you just want to make lot of money you will fail. You must like trading even when not making money...think about that.If you can't accept this you should try something else....
Very well explained..
GBP/USD
  • #39
  • Edited 3:17am Oct 9, 2013 2:15am | Edited 3:17am
Trading is hard?

I dont think so

but to learn how to trade can be hard
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been there done that, Good Bye
  • #40
  • Oct 9, 2013 2:25am Oct 9, 2013 2:25am
Quoting nbwilson23
its as easy as getting laid...
been there done that, Good Bye
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