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do you think trading is really that hard? 42 replies

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Is trading really that hard?

it is really testing our patience and time.

Did anyone subsribe to PAMM way?
That way probably would need much effort.
Let Market Tell You
Yeah, if you do trading with improper knowledge and experience and skills, than yeah, you could say that it is too much hard for you.
The great thing in trading is connecting trades and seeing these correlations. Once you get these feeling may be time to go from demo to real. It is hard in some sense trading. Useful to separate and determine how short term trader you are or long term trader before making a move. Always say start with micro account that offer deposit bonus, so you do not loose at the beginning. If trade lower lots with just few cents it let's more pairs and seeing bigger picture. INteresting to know what session people usually trade here. Glad to chat about these things.
Quoting Monokl
it is really testing our patience and time. Did anyone subsribe to PAMM way? That way probably would need much effort.
I did. I'm using the PAMM way
Quoting Pamm1994
{quote} I did. I'm using the PAMM way
Great to hear about it.
Let Market Tell You
difficult to trade forex trading when that does not have maximum knowledge and experience, as the science and also a good knowledge will certainly feel easy in running forex trading business as well as its advantages can be obtained
There is never enough knowledge, but some information is not needed. Started this as general information about Diversification, Interest rollover, Basket Strategies & Bonus http://www.forexfactory.com/showthre...89#post9422489 , and there are some strategies. Anybody welcome to look at it. The purpose among other things is to find more correlations and movements that take away risk and get better interest. Also, soon compare interest rates that various brokers pay, fees.
No, I don’t think trading is hard. Nothing is hard until you believe it to be. Make sure you learn from each and every mistake that you commit.

Keeping trying & you will definitely end up earning or learning.
Gambling is very hard and I lose money and my wife get angry and throw pots and pans at my head. but sometimes I make a small amount of money and I so happy, I laugh, and laugh and fall asleep and have a very nice dream.
if you don't do your maths, the maths will do you.
Quoting BubaYaga
Gambling is very hard and I lose money and my wife get angry and throw pots and pans at my head. but sometimes I make a small amount of money and I so happy, I laugh, and laugh and fall asleep and have a very nice dream.
Do mean gambling or trading?
Quoting BubaYaga
Gambling is very hard and I lose money and my wife get angry and throw pots and pans at my head. but sometimes I make a small amount of money and I so happy, I laugh, and laugh and fall asleep and have a very nice dream.
BubaYaga you nailed it! Do you tell your wife when you make that small profit, so she gets happy too? And Yes trading is hard as you have to consider way too many factors and the mind gets often confused or misleaded.
Trading is actually hard, yet with your determination to succeed, you know you can do it. It always takes perseverance and hardwork in everything you do with business or any other transactions. It is also more advantage to learn and study before getting into trading.
The question should NOT be if FOREX is HARD or NOT.

It's not about hardness. It's about reality.

What would you answer if I ask you: "Is Winning in Casinos hard?"...

Since Forex is a based on a Gambling Scheme, the same logic applies here.

It's about statistics. And you cannot control that, because you can't predict the future.

Thus, I will tell you that 99.6% of people lose money in FOREX (Period over 1 year).

What makes you think you will be part of the random lucky 0.4% that makes some kind of profit after1 year of trading?

Nuff Said.
The Black Swan: The Impact of the Highly Improbable
Quoting MapleLeaf
The question should NOT be if FOREX is HARD or NOT. It's not about hardness. It's about reality. What would you answer if I ask you: "Is Winning in Casinos hard?"... Since Forex is a based on a Gambling Scheme, the same logic applies here. It's about statistics. And you cannot control that, because you can't predict the future. Thus, I will tell you that 99.6% of people lose money in FOREX (Period over 1 year). What makes you think you will be part of the random lucky 0.4% that makes some kind of profit after1 year of trading? Nuff Said.
this world would be fucked if trading was easy.....everybody would not do anything else. just a bunch of lazy, greedy bastards sitting in front of computers all day pressing buttons.
Working towards CME membership
Doctors do not make good traders. They study hard for 7-10years then work 80-100 hours a week. In trading working hard and studying hard does not get rewarded if you don't have an edge.
You came here for the truth and let me unveil it for you
Brokers want you to know that only 1% of the traders make money so that you can remain comfortable and lazy comforting yourself that losing is okay but the real reason why only 1% make money is because there are new traders coming into the market and of course they lose money,there are traders who are in the learning phase who are also losing money,there are traders who gave up on learning and continue to lose money and then theres the 1% who never gave up and became profitable.
100% KENYAN.
difficult trading it does not already have the skill and ability to the maximum, and if already have the maximum knowledge it would be easier and more profitable. especially in forex need to always keep trying to learn because of the very high risk that is difficult to run a business in the forex with success
Quoting executivefx
Brokers want you to know that only 1% of the traders make money so that you can remain comfortable and lazy comforting yourself that losing is okay but the real reason why only 1% make money is because there are new traders coming into the market and of course they lose money,there are traders who are in the learning phase who are also losing money,there are traders who gave up on learning and continue to lose money and then theres the 1% who never gave up and became profitable.
Logically this makes no sense.
If new traders come into the game:
1) they lose and quit
2) they lose at first and then become winners
3) they keep on losing and don't quit

if 1) then there are no winners in this game long term
if 2) then the game contains high percentage winners long term
if 3) then the game is made up of high percentage losers long term

Since 2) is clearly not an actual fact, it's evident that retail forex is a loser's game.

In reality, Retail Forex cannot function if traders don't lose. Winning is a statistical aberration.
Over time ALL customer funds become broker revenue through transaction cost.
Quoting Mingary
{quote} Logically this makes no sense. If new traders come into the game: 1) they lose and quit 2) they lose at first and then become winners 3) they keep on losing and don't quit if 1) then there are no winners in this game long term if 2) then the game contains high percentage winners long term if 3) then the game is made up of high percentage losers long term Since 2) is clearly not an actual fact, it's evident that retail forex is a loser's game. In reality, Retail Forex cannot function if traders don't lose. Winning is a statistical aberration....
Yes, trading is that hard. But the reasons do not lie in the act itself. The reasons lie in the mind of the new trader. Trading is really as simple as defining trend, holding winners till the end of the trend and cutting losers without mercy. The average trader holds losers and cuts winners. Obviously the math becomes insurmountable doing this especially if you factor in swaps and speads/commissions.

There is a reason they say scared money never wins.
If you are good at something, never do it for free--Joker
what you are saying is valid but at the end of the day real traders never run out of ideas,if you gave up along the way then trading was never meant for you.
100% KENYAN.
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