Tahntaman
Private, 1st Class
- Messages
- 72
I think that this experienced trader is just too arrogant that he tells such things.
It is definetely possible to make decent and consistent profits if your expectations are down-to-earth and you have the right level of self-discipline.
Many people think that trading can make them millionairs within sheer weeks and they deposit all the money they possess and start trading without any suitable background and knowledge. That is a huge mistake that is why you've got to have real expectations from forex trading. If you want to take profits, you've got to learn a lot and never stop this process. More than that, there are so many skills that you have to master and all of it comes with the experience. It is vital to keep being motivated all the time because during the periods of uncertainty and distress the temtation to give it up and forget about trading is very strong. Here comes your self-discipline which helps you stick it out.
Anyway, trading is just like any other activity: if you want to be a success, you need to master this profession and implement your knowledge on practice. There is no magic in forex, just the numbers and adequate analysis of the data that you can get from the trading platform and from the charts themselves.
It is definetely possible to make decent and consistent profits if your expectations are down-to-earth and you have the right level of self-discipline.
Many people think that trading can make them millionairs within sheer weeks and they deposit all the money they possess and start trading without any suitable background and knowledge. That is a huge mistake that is why you've got to have real expectations from forex trading. If you want to take profits, you've got to learn a lot and never stop this process. More than that, there are so many skills that you have to master and all of it comes with the experience. It is vital to keep being motivated all the time because during the periods of uncertainty and distress the temtation to give it up and forget about trading is very strong. Here comes your self-discipline which helps you stick it out.
Anyway, trading is just like any other activity: if you want to be a success, you need to master this profession and implement your knowledge on practice. There is no magic in forex, just the numbers and adequate analysis of the data that you can get from the trading platform and from the charts themselves.