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Re: Can you live off trading or is it just a story?
I open this thread because I'm tired of watching videos with Ferraris and empty promises. I want to know if there's anyone real here who's actually living on trading. I'm not talking about a couple of winning weeks, I'm talking about constancy. Is it possible or are they selling smoke to us?
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Re: Can you live off trading or is it just a story?
Yes you can, but it will cost you more than a college career and no one guarantees you anything. I have been 4 years, many accounts burned and just now I begin to see consistency.
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Re: Can you live off trading or is it just a story?
Living from trading? You can, if you live with your parents and without responsibilities. If you have bills, family and real stress, I wish you luck.
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Re: Can you live off trading or is it just a story?
There are a lot of people living on trading, but you won�t see it on social media. Those who really do are too busy managing their risk to go up selfies in Dubai.
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Re: Can you live off trading or is it just a story?
Stop romanticizing this. This is not financial freedom or anything like that. It is a lonely, exhausting activity with a level of uncertainty that not everyone can endure. But yes, you can live from it.
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Re: Can you live off trading or is it just a story?
I'm starting with modest capital, but I've covered my monthly expenses for seven months now. I'm not a millionaire, but I'm not a slave to an office either.
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Re: Can you live off trading or is it just a story?
What if you focus on living well with a stable job and use trading as an extra income? Nobody talks about it, but for many it is more realistic.
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Re: Can you live off trading or is it just a story?
They want to live off trading without even having a risk management plan. I know masons with more strategy than some Instagram traders.
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Re: Can you live off trading or is it just a story?
The problem is that everyone wants results NOW. Nobody wants to take 3 years without winning a euro to just learn not to lose. And without that, there is no consistency.
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Re: Can you live off trading or is it just a story?
The secret is not in the system, but in your head. When you stop operating through emotions and become a cold and disciplined executor, that�s when the change begins.
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Re: Can you live off trading or is it just a story?
I don't know if you can live off trading, but I do know that you can ruin your life by trying badly.
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Re: Can you live off trading or is it just a story?
I've been trading for 2 years and I still can't say that I live from this, but I've learned more about myself than I have in my whole life.
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Re: Can you live off trading or is it just a story?
Living trading is like being an artist: a few achieve it, the rest are left with the illusion. Can you do it? Maybe. Is it probable? Little.
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Re: Can you live off trading or is it just a story?
The key is emotional leverage, the one who manages his mind well manages his account well, the one who does not, ends up blaming the market.
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Re: Can you live off trading or is it just a story?
I did it, but it wasn't with scalping or magic indicators. It was with discipline, structure and risk acceptance. If you're looking for a shortcut, this is not your way.
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Re: Can you live off trading or is it just a story?
After reading all the comments of thread, I want to provide a vision that may serve someone who is starting and has real doubts about whether you can live trading. The short answer is yes, but the long one requires nuances. It is not just about learning technical analysis or following signs. It is a combination of knowledge, experience, psychology, risk management and realistic expectations. Whoever does not understand that is doomed to get frustrated over and over again. First, most of those who live trading did not start with an account of $500. They needed capital, time and a source of parallel income for years. The most common error is to think that a profitable system is enough. But the simple way to go out to pay for the rental, you are already at a disadvantage. The consistent traders operate without fear because they do not depend on a single operation to survive. That emotional and financial mattress makes all the difference. Second, the most common error is to make your job workable.
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Re: Can you live off trading or is it just a story?
Thank you for this reflection, that's just what I needed to read.
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Re: Can you live off trading or is it just a story?
But don't you think that all sounds more like motivational discourse than real plan?
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Re: Can you live off trading or is it just a story?
Tremendous contribution, many uncomfortable truths there.
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Re: Can you live off trading or is it just a story?
Yeah, but with no results, it's not all that psychological analysis.
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Re: Can you live off trading or is it just a story?
Especially about the emotional mattress, I've never thought of it that way.
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Re: Can you live off trading or is it just a story?
And how do you build that �cushion� when you have no savings or stable income?
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Re: Can you live off trading or is it just a story?
Thank you for sharing this. It made me rethink how I�m focusing my operation.
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Re: Can you live off trading or is it just a story?
And how do you know your system is really profitable in the long run if everything can change?
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Re: Can you live off trading or is it just a story?
Brutal explanation, of the best I have read in this forum.
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Re: Can you live off trading or is it just a story?
Thank you for so much detail, it's a necessary reality bath.
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Re: Can you live off trading or is it just a story?
You've opened my eyes, especially with the financial pressure, thank you.
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Re: Can you live off trading or is it just a story?
But if everything is based on probabilities, where is the technical analysis then?
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Re: Can you live off trading or is it just a story?
Don't you think you're demotivating the new ones with so much realism?
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Re: Can you live off trading or is it just a story?
And what do you think of copytrading as an alternative for those who don't have time to study?
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Re: Can you live off trading or is it just a story?
Thank you for demystifying the story that anyone can get rich fast with trading.
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Re: Can you live off trading or is it just a story?
I hope more people will speak this clearly from the beginning.
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Re: Can you live off trading or is it just a story?
Thank you very much for your vision, give perspective.
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Re: Can you live off trading or is it just a story?
And you live on trading? Because talking is easy, but showing results not so much.
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Re: Can you live off trading or is it just a story?
That all sounds great, but 95% still lose. Is it really worth it?
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Re: Can you live off trading or is it just a story?
Isn't it that you make it look more difficult than it really is to justify failures?
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Re: Can you live off trading or is it just a story?
That part of psychology resonated with me a lot.
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Re: Can you live off trading or is it just a story?
Thank you for bringing so much courage, this should be set in the forum.
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Re: Can you live off trading or is it just a story?
Impressive analysis, you motivated me to sort my finances first.
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Re: Can you live off trading or is it just a story?
But if you risk only 1%, doesn't it take you forever to see real profits?