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Is trading really that hard?

  • #181
  • Aug 4, 2014 3:10pm Aug 4, 2014 3:10pm
Quoting Proximus
Not its not hard, its actually very easy once you know what you are doing. If you dont know what you are doing then its extremely hard, of course.

+1
Learn, a forex trader must, unlearn and relearn he will.
  • #182
  • Aug 8, 2014 9:48am Aug 8, 2014 9:48am
Quoting sweatx
Actually I have read and studied for years now, yes years! I haven't actually traded yet. So I am no expert. But I have read and studied all the basic stuff. Elliot Wave, Three drives patterns, Butterfly and Gartley, Triangles, pennants you name it. Which all these are a basis of. Most all of it. A lot of the new methods I haven't studied. My main study is Wyckoff. I'll be honest with you. There are only a few methods in Wyckoff and VSA that I understand and find practical. I also study fundamentals. I have found that for strength fundamentals are...
Did same and more. Found out and still do, that I need none of it. huge waste of time.
But the only way to get here is through there... I think there is no choice.
Because experience is a tough teacher it always gives the test before providing the lesson.
  • #183
  • Aug 8, 2014 10:39am Aug 8, 2014 10:39am
interesting, now you are no longer as pessimistic as 1 yr ago, got good progress?

and yes, i fully agree to your post.

Quoting Mingary
{quote} Did same and more. Found out and still do, that I need none of it. huge waste of time. But the only way to get here is through there... I think there is no choice. Because experience is a tough teacher it always gives the test before providing the lesson.
  • #184
  • Aug 8, 2014 1:22pm Aug 8, 2014 1:22pm
[quote... Try to go live in a country where the government doesn't invest much in the healthcare system and watch firsthand how their population health look like ... Whenever you got any specific questions " in a scientific way of course" I'm here to reply them all whether in public or you can always inbox me .... Good Day, sir :-)[/quote] Many Americans are going to India for medical treatment because it is cheaper. And some controversial methods or medicines that aren't legal in the US are in those countries. Do you offer Mental help for those of us who may be losing money in FX or wasting our time.
  • #185
  • Aug 8, 2014 2:18pm Aug 8, 2014 2:18pm
Quoting charvo
interesting, now you are no longer as pessimistic as 1 yr ago, got good progress? and yes, i fully agree to your post. {quote}
Still pessimistic, yes. But even as hard as I try ... and it comes natural with me ... I can't be piss and vinegar all the time...
Seriously now, I am very grateful that I have a real job to support my trading habit.
Making progress? yes I am. Thanks for asking, and you?
Cheers (:
  • #186
  • Aug 8, 2014 3:47pm Aug 8, 2014 3:47pm
again i've seen the light at the end of the tunnel

however, just the end of the tunnel seems still too freaking long and endless, though the light is seen

but i guess that's the way it is supposed to be, at the end of day, only the best few last till last----same as everything in this world.

Quoting Mingary
{quote} Still pessimistic, yes. But even as hard as I try ... and it comes natural with me ... I can't be piss and vinegar all the time... Seriously now, I am very grateful that I have a real job to support my trading habit. Making progress? yes I am. Thanks for asking, and you? Cheers (:
  • #187
  • Aug 8, 2014 3:48pm Aug 8, 2014 3:48pm
at first .. its hard as shit !
but ..
then .. its boring as hill !
  • #188
  • Aug 9, 2014 2:03am Aug 9, 2014 2:03am
Quoting fx75
at first .. its hard as shit ! but .. then .. its boring as hill !
The first part, yes, it is damn hard but as for the second line of that quote, think you meant "boring as heck", right? But the better option would be "as boring as the recent bill clinton monologue"..
  • #189
  • Aug 9, 2014 8:14pm Aug 9, 2014 8:14pm
Quoting Forexnuts
{quote} The first part, yes, it is damn hard but as for the second line of that quote, think you meant "boring as heck", right? But the better option would be "as boring as the recent bill clinton monologue"..
ok lets says .. boring as wife !
  • #190
  • Aug 12, 2014 12:40am Aug 12, 2014 12:40am
Quoting charvo
again i've seen the light at the end of the tunnel however, just the end of the tunnel seems still too freaking long and endless, though the light is seen but i guess that's the way it is supposed to be, at the end of day, only the best few last till last----same as everything in this world. {quote}
The solution (for me) is not in the trading but in the dealing.
... different approach. "Observation" rather than "system"
  • #191
  • Aug 12, 2014 5:54pm Aug 12, 2014 5:54pm
Replying on these forums is getting to be a habit. Well, I've been doing some on my practice account, MT4, and I haven't seen the light yet! Or will I ever? I use Wyckoff mostly. I have found the support and resistance trend lines, following the trend with support and resistance, which I learned on this site, to be the best for me so far. At first I didn't like drawing all those lines on my charts, but after a while I started to like it. There is a name for it, but I forgot. It is here on this site somewhere. The turning points are clearer for me using this method. Is it hard, You bet it is! Hinesite is great, but actually trying to predict which way the trend is going to go is the hardest. Yea, Hinesite is easy but Forsite is hard.
  • #192
  • Aug 12, 2014 6:29pm Aug 12, 2014 6:29pm
its not that hard
stick at it
  • #193
  • Aug 12, 2014 8:21pm Aug 12, 2014 8:21pm
It's a bloody long process but if you can endure it there's a light at the end of the tunnel. The key for me was learning to decipher the market structure. I am no expert at it but I've made massive progress in the past 12 months and as such my confidence has grown considerably. Knowing when to stay away from the market is critical and the only time I wander in is when there is some evidence of imbalance. Another 12 months and I'll be in a really good place if I stay on this path. The frustrating part of learning to trade is there are long spells when it feels like you're not making any progress. It's not unlike learning a new language but then a day comes and it all suddenly becomes clearer.
  • #194
  • Aug 13, 2014 4:09am Aug 13, 2014 4:09am
Well, I think it certainly takes a while before it stops being so hard. It really depends on the person, on what and from whom they're learning, on their learning curve, even on their whole personality. I think impulsive people have a much harder time than everyone else.
  • #195
  • Aug 13, 2014 11:34am Aug 13, 2014 11:34am
Quoting fx75
{quote} ok lets says .. boring as wife !
LOL but I'm still single and wouldn't have a clue as to how boring a wife could get..guess I would have to wait a bit until I get hitched up..
  • #196
  • Aug 16, 2014 4:15pm Aug 16, 2014 4:15pm
Yes, as said before here. Very easy once you know what you're doing. I've met traders (self employed), made money everytime they were in front of a computer. Get in couple of trades (pre set stops and profit levels) turn off the computer and enjoy the life. In couple of hours time, levels are triggered and out of the trade - made money. Day in - day out. Day after day.
  • #197
  • Apr 23, 2015 2:26pm Apr 23, 2015 2:26pm
Of course trade is not as easy as it seems. That is why after the first failure many people, who wish to receive millions in forex, just quit.
  • #198
  • Apr 24, 2015 1:23am Apr 24, 2015 1:23am
Like everything in our lives, trading is also hard, it needs a lot of study, patience and understanding then you need to keep up with the market.
  • #199
  • Apr 24, 2015 3:25am Apr 24, 2015 3:25am
To answer the question in the title of this thread: YES
Make your losses in demo. Earn your profits live.
  • #200
  • May 16, 2015 6:57am May 16, 2015 6:57am
Quoting cenetti
Yes, as said before here. Very easy once you know what you're doing. I've met traders (self employed), made money everytime they were in front of a computer. Get in couple of trades (pre set stops and profit levels) turn off the computer and enjoy the life. In couple of hours time, levels are triggered and out of the trade - made money. Day in - day out. Day after day.
That's why I'm not sure if i quit my job one day and become a full day trader.
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