Trading is Extremly hard!
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Thread: Trading is Extremly hard!

  1. #1
    Trading is hard!
    1. Price can stall for months! Look at u/j stalled for 2 months at barley and 102 moved!
    2. You have to wait a long time to get a setup that is good. . Sometimes days/weeks. Sometimes a couple of day.
    3. You require years of chart time to comprehend how price is very likely to proceed.
    4. Summer and Christmas get real slow.
    5. Not a lot of people can be consistent.
    6. Once you find a system that is good. . The conditions may not return to be profitable again.
    7. Nobody opens a chart puts a trades then goes to the beach. . Alll the traders I know are always working in it. Even weekends.
    8. There'll be down weeks. . Times when you operate a week and don't make anything, and shed.
    9. Trading is a battle with yourself more the markets. . Individuals arn't programmed for trading.
    10. Swan events can ruin you . . Look at e/chf if they dropped the foliage!

    You must have the enthusiasm to be a trader. It probably gonna take you years to acquire profitable!
    Its not something that you can put in a few hours a day in... Strategy for years of work, weekends analyzing, and a long road to constant profit that might never occur!

  2. #2
    Quote Originally Posted by ;
    quote I feel that is something quite subjective. I couldn't locate profiting dull if I were to get used to it. I would always be really happy, which could preclude me.
    You may find profiting not dull or you already did locate profiting not dull over several years?

    Theres a big difference, because in beginning we thought so it will be not dull. But you get used to all (and earning money isn't a difference to other things) and you need to work on it or accept this fact.
    You are able to live alongside ocean and get used to it over several years, you get a girlfriend and get used to it after several years and need to work on the relationship,... and so on.

    Maybe there are a number of people that never will used for this, but this could be extrem money lovers and they'll be quite mad about any lost penny too. Not the very best live.

    And we talk not about the simple fact that cash earning is total dull, it's how its got. There happens often less and its not much to do, so you get bored if you dont have other hobbies or things to do. You get accustomed to wins too, and dont get big happiness by a big win like you did years if this wins will emerge in month.

  3. #3
    Dear,
    Trade/Open positions -- at least three pairs-- in order that if one gets blocked for long you've got other people to pay and close that trade if in profit or loss but web ought to be Profit or minimal loss as thats not the end so get back a bit and begin again.
    No need to waste 8 months for so called U/J to provide profit. Forex isn't just winning trade trade or a trade but also management of trade. Your egy should incorporate all scenarios and consider situational egy although real management of trading abilities work nevertheless be patient and disciplined. Succesful forex traders exist which is a proof that you and me can dream it and when we can dream it we can get it done. .

  4. #4
    Quote Originally Posted by ;
    Dear, Trade/Open positions -- at least 3 pairs-- so that if one gets blocked for long you have others to pay and close that commerce if in profit or loss but net ought to be Profit or nominal loss as thats not the end so return a bit and begin again. It's not necessary to waste to get so called U/J to provide profit. Forex isn't only winning commerce, losing trade or a blocked commerce but also direction of commerce. Your egy should include all situations and additionally consider present situational egy where actual direction of trading skills operate...
    I dont know the actual advantage of this egy. A simple long-term commerce in U/J for 2 month could have much more win with less risk when done right way. Ofcourse for long term trades within months you want to take a look to the rollover prices or buy outright. And why is this time wasted time, when you receive a commerce in profit closed? And trading for 8 weeks seems like a trade was managed in weekly or monthly chart, there 8 month is just time.

  5. #5
    Yes you are right 8 weeks is ok..but do you think anyone with capital will wait to get dollars?

  6. #6
    Quote Originally Posted by ;
    quote you'll find profiting not dull or you did locate profiting not dull over several years? Thats a big difference, because all thought so that it will be not dull. However, you get accustomed to all (and earning money isn't a gap to other items ) and you need to work on it or accept this actuality. You can live alongside ocean and get used to it over several years, you get a girlfriend and get used to it after several years and will need to work on the connection,... etc. Maybe there are some individuals who never will used to it, but...
    we all thought so that it will be not dull. Do you mean you and profitable traders which you know of? And if you dont mind me asking for how long are you profitable? Thanks

  7. #7
    Quote Originally Posted by ;
    quote we all thought so that it will be not dull. Do you mean you and profitable traders that you know of? And if you dont mind me asking for just how long have you been profitable? Thank you
    all I understand. Never seen different way when you are trading in profit with low drawdown.
    Profitable after two years, because initially I had been studying to much, switching too much from system to system, not hearing to experienced traders or bank intern classes, who view the order flows and risky situations,...

  8. #8
    I never met anybody -in any sort of business- that will work hard at convincing themselves that they won't win something and that they cannot and expect to succeed.

    You are the worst enemy and it just will not happen. I was going to stop short from calling it a law but I won't; I feel it is indeed a law which affects every aspect of life.

  9. #9
    Quote Originally Posted by ;
    I never met anybody -in any type of company - that will work really hard at convincing themselves they cannot and they will not win at something and then expect to be successful. You're your worst enemy and it just will not happen. I had been going to stop short out of calling it a law but that I will not; I feel it is really.
    Correct in many facets of live, but not in zero sum game markets such as FX, lottery, poker,.... You always need to understand in the market you invest or live and what are the market behaviors and laws by math with this market.

    If you understand many who play or trade in this companies then you need to understand many who dropped previously. If this was merely chance, that you met with just this people and not other or you dont talk about this zero amount markets.

    All market members may be hard as they could, not everybody can acquire in this market style. Some must shed that some win. So never will be different. point. When in FX an breakeven trader after one year frequently produces 30 percent of the capital losses for different traders (due to compensated spread and commission), you will know what occurs when someone win big or many little. Its normal that about 85-95% or more need to shed.
    And to be fair, in fact not all memebers work as hard as they could, I dont know how many I'll be very very tiny.

    In zero amount markets there are usually just 3 marketmember parties. Traders/players, services/institutions who assist trader/players to trade easy/efficent/. . , and the tax office.

    And by the way: I'd met many individuals with many companies, who worked really hard, but got kicked in trouble by occasionally only bad fortune. Working hard is really great (but cant prevent for doing nothing wrong), but bad fortune can ruin all. For instance: erroneous friends or spouses, sickness, death, injury, new market members or even just with more cash, 1 wrong company decision (or many smaller),...

  10. #10
    Quote Originally Posted by ;
    quote correct in many areas of live, but not in zero sum game markets such as forex, lottery, poker,.... You always have to know in the market you live or invest and what would be the market behaviors and laws by mathematics for this particular market. You have to know many who lost 20, if you know many who play or trade in this businesses. If this was chance, that you and just this people rather than other met or you dont speak about this zero amount markets. All market members may work as hard as they can, not all may win in this market style. Some need to...
    Your quite long and lecturing in tone monologue has absolutely NOTHING to do with what I stated. 1) Primarily as it's clear you did not even understand what I intended and 2) because you're answering/talking and referring to things I never mentioned.

    If something, you are off as quite defensive. Chill out dude... ;-)

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