Less experience and having less knowledge of one's trading strategy is the main cause of this act. If we know how much our strategy can produce under certain conditions, then we can aim for that exact pip value.

Taking Profits too early?

A fix dollar risk per trade is really a great way to trade when you have a good risk to reward in your trading strategy. But that dollar should be what you can easily afford to lose without affecting your trading account much.

Risk:Rewards & Some experience on trading

Luck never worked for me, not even once in my entire 2 years of career in FX market. So its pure skill for me now, I am making some pips, slowly but surely, and will improve myself more.

Need luck or skill for trading?

Great examples but some persons are indeed gifted, they only need to polish their talent to become more great in their field, but others have to work very hard even to be called average performer.

Gifted Traders?

We can do that, we can go from 95% losers to 5% winner if we are consistent and hard working. It may take long if you are doing it on your own, but it is still achievable.

95% traders go broke, only 5% survive

There are many super trader here in this forum that are not only making money by themselves but also helping greatly to other trader to earn a livlihood from trading.

Is anyone here earning a living, just with forex trading?

ha ha, nice one. We can use our brain to get signals from it but first we are in need to feed the necessary knowledge that is important for the brain to know before giving out any signal to us.

Does a Free Signal Provider Exist?

Don't aim to get rich quick from trading, if you do so, then you will lose more than your gains. When I was in hurry I used to lose a lot, but when I become defensive I had started making money.

Can you get rich quickly from forex trading?

I agree with you, by only showing results even if you are increasing your capital with green pips, one can doubt in that, why don't you show your full history and keep on adding the new trades ahead instead of showing ONLY TP hit results.

How to get 1-5 pips with 100% win ratio?

lol ... you really summed up the whole matter in only one word and it is a very important and powerful word. The whole difference in both forms of trading is majorly emotions.

Why are most of the traders here failures?

On daily time frame if you trade according to the major trend, then you can see many price action signals that can bring good profits to you on many currency pairs.

Top currencies that gives clear price action

It mostly depends on the account of any trader. Speaking in terms of percentages many trader with small accounts often get more than 100% profit if they are good in trading.

How much do people make trading FOREX

Demo is indeed a very great step before real account trading. if we are not using demo account in start of our trading career, then we are going to face some serious losses.

Is demo a step before real trading?

You are right, if anyone does have an EA that is profitable for long run, then he will not share it for free, but I won't suggest wasting time and money in EA, rather you should make yourself good in trading.

Searching for profitable EA

This kind of approach can prove risky but there are many traders, that understand key levels of any pair and counter trade the trend to extract a good risk to reward trade.

"buy low and sell high"

We can live only on trading, I know some friends on mine on face book that are only forex traders full time, no second job what so ever. And obviously they are earning consistently from trading.

Can you honestly earn a good living or even get rich through forex?

There is no limit of making money from trading but to do that you need extensive practice in forex market. When you get you hands running in smooth, then there is no end to forex earning.

How much do people make trading FOREX

The teaching ability is very rare in human beings. Often you cannot express your imagination and thoughts to others as you would have been like. Similarly for teaching you need some skills and ability.

Why can't every good trader teach well?

I had this problem but then I controlled my habit by using multiple entries and closing some with little difference in between them. And letting the final ones keep running for long.

Taking Profits too early?

This is a miss concept about forex trading, getting rich quickly. One might become rich quickly but that will be because of his luck and not skill. We should consider forex trading as a serious work and not a scheme to get rick quick.

Can you get rich quickly from forex trading?