What do you find hardest about trading?

Thanks, jsf! In some weird way, I find your words very comforting

At this very moment, I've did it again (150 pips down in a sell trade, I managed to open at the very bottom of a down trend - seem to have a knack for that). The good news is: as I continue to study the charts and the trades I've made in the past (using an indicator which shows all the trades made so far), I learn from my mistakes. This 'moving my stop loss' thingy might well be one of the last hurdles I have to take (fingers crossed).

Wish you all the best with your trading and that goes for all of you people!

The question is "hardest" so there can only be "one".

There are lot of hard thing for me such as:

- Waiting 3 or 4 day for price to hit your tp
- To take loss or not to take loss
- To play demo/back test thousands of strategy
- To do 2% daily compound on an average basis
- To grow a small account say 500$ to 20,000$ in a short time
- To alway predict right 95% of the time
- Stick to the trading rule plan all the time
- Obey the MM

But the "hardest" about in trading to me is "finding the knowledge to obtain a system that can win 2% daily compound on an average basis". I guess you can call this the "Holigrail" (fast quick way to get to millionaire with a small balance safely).

I would say wow that certainly open my mind (not the trade copier I already know that) .

I can't believe you can actually win consistently like that in 1 minute time frame with few loss.

But anyway from the look of the lot size: I Don't think the lot size is standard right? like 1.00 lot = 10$ per pip... because I am going to assume you have a 2000 balance so in usa the leverage is is only 50:1 so you can't even bet 1 standard lot on 2000$ account...

Extra note:

quoted: "If you look at trading on balance, lack of skill requires greater leeway, and produces lower returns overall. So it pays to tighten up your skills so you can earn more in a shorter period of time. The person who showed me trading takes one high probability trade a day, is in and out of the market in under an hour, makes 10K and turns off the computer. That makes far more sense to me than sitting in front of the screens for 12 hours a day. "

Having guidance help out alot eh? lol (just kidding but I know it require hard work even if you have some one who guide you to success)

Trading means different things to different people. The hardest part about 'trading' is finding what trading is to you; it is the process of discovering the niche within the wide field of 'trading' that complements your personality and beliefs.

You don't learn discipline in trading; discipline finds you when you are playing in your niche. When you truly enjoy doing something, why would you want to do something different?

Well said, particularly the part in bold. Very well said

Thanks, and I think the thing we call trading changes every decade or so. The skills and niche you've developed today may become worthless in 10 years' time or less, and at that time the greatest challenge will come which is that you've to accept, after years of being an expert, that you are a beginner at the market again and have to relearn the ropes. I would envision that to be the most difficult part, but needless to say, most of us here have not reached that stage yet.

Not having enough confidence (and capital)