Making money???

[irvelleagle]

I have been trading for 3 years. Started out with all the problems of a newbie. I have used a few different systems.The last few months have been very disclpine and money management with a couple of systems and still can not make a profit. Does anyone that is not a seller of systems make money? Can you tell me what you do?

 

[echonomical]

irvelleagle,

I could list a hundred do's and don'ts, as I'm sure everyone else here could, but the one thing that in my opinion is essential for almost all new traders, is to seek out solid, quality training and mentoring. If you're trading forex, you're putting your hard-earned money on the line, and most people end up blowing hundreds, or thousands, of dollars when they first start out. It's not completely impossible to teach yourself how to trade, but you're really much better off finding a good, reputable training program, and investing your money in education instead of losing that money trading and developing bad habits at the same time.