I believe everybody can learn the markets without investing fortunes. Problem is not many have the patience to go through the process until it clicks.
On average you need 5-10 years to understand how markets move and based on your psychological profile to develop your own approach to analyze and trade them.
And we are talking about 10 hours a day screentime including weekends.
Not sure if you spent that time. Before that you cannot make such a conclusions. Actually the first few years you should NOT trade at all. You just watch price and make notes. When you dont trade, you are focused on price. That helps you learn. You will start recognizing repeated behavior of price and soon you will know what exactly to look.
After few years of watching you are allowed to DEMO and later micro lot trading to see how real money affects you. Its a long process of applying what you have learned the first years into live trading.
With the years you increase slowly the size.
Here i wrote some posts, which may help you:
http://www.forexfactory.com/showthre...43#post8778643
http://www.forexfactory.com/showthre...71#post8778771
On average you need 5-10 years to understand how markets move and based on your psychological profile to develop your own approach to analyze and trade them.
And we are talking about 10 hours a day screentime including weekends.
Not sure if you spent that time. Before that you cannot make such a conclusions. Actually the first few years you should NOT trade at all. You just watch price and make notes. When you dont trade, you are focused on price. That helps you learn. You will start recognizing repeated behavior of price and soon you will know what exactly to look.
After few years of watching you are allowed to DEMO and later micro lot trading to see how real money affects you. Its a long process of applying what you have learned the first years into live trading.
With the years you increase slowly the size.
Here i wrote some posts, which may help you:
http://www.forexfactory.com/showthre...43#post8778643
http://www.forexfactory.com/showthre...71#post8778771