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How did you find success?

  • #221
  • Oct 16, 2019 1:54pm Oct 16, 2019 1:54pm
Quoting mlawson71
{quote} What do you do to control your risk?
Cutting the exposures Not much more we can do... of course it has to be balanced with missed profits.. because the less you risk... lesser the potential rewards.. in most cases at least But the overall picture is important.. some do get lost in the "cutting the risk" not seeing that in the end they might miss epic opportunity... and that they tight risks are slowly eating the balance anyway... and not protecting... Unless one can find trades that would go through without spreads and at SL0...
Can you afford to take that chance?
  • #222
  • Oct 18, 2019 1:55am Oct 18, 2019 1:55am
Success comes to those who work for it. So is the case in forex trading. You have to work hard and not lose patience. It may take years but you don’t have to lose hope. The results of fx trading is worth all the hard work.
  • #223
  • Oct 18, 2019 10:58am Oct 18, 2019 10:58am
Quoting dany2019
Success comes to those who work for it. So is the case in forex trading. You have to work hard and not lose patience. It may take years but you don’t have to lose hope. The results of fx trading is worth all the hard work.
How long did it take you?
  • #224
  • Oct 19, 2019 10:03am Oct 19, 2019 10:03am
Quoting dany2019
Success comes to those who work for it. So is the case in forex trading. You have to work hard and not lose patience. It may take years but you don’t have to lose hope. The results of fx trading is worth all the hard work.
agree, there is need a exact goal for ensuring success , but the main problem is we really dont know what actually goal and how to fix it. making more money cant be your goal. after all its a complicated issue.
  • #225
  • Oct 19, 2019 12:26pm Oct 19, 2019 12:26pm
What can be your goal then?
  • #226
  • Oct 21, 2019 3:00pm Oct 21, 2019 3:00pm
Still seeking for success i am!
  • #227
  • Oct 24, 2019 1:00pm Oct 24, 2019 1:00pm
I would suggest reading through ideas in the "trading system" and try to use them, understand them. after that, start to mortify it and try to make your own style trading ways.
Personally, I believe there is not the best systems but a suitable system only for you
  • #228
  • Oct 25, 2019 12:09pm Oct 25, 2019 12:09pm
True. A system that works very well for one individual may not work as well for another simply because the people using them are so different.
  • #229
  • Oct 26, 2019 5:26am Oct 26, 2019 5:26am
Quoting ar72212
Still seeking for success i am!
That’s the ultimate choice; but what’s your trading account; demo or live?
  • #230
  • Nov 24, 2019 10:16am Nov 24, 2019 10:16am
Whatever it is I do wish them success.
  • #231
  • Nov 25, 2019 2:36am Nov 25, 2019 2:36am
Quoting Adelhard
{quote} That’s the ultimate choice; but what’s your trading account; demo or live?
there is no different between demo and live . but lots of difference we see when result come out. actually the main issue its all about psychology.
  • #232
  • Nov 25, 2019 8:48am Nov 25, 2019 8:48am
There is often difference in the way the orders are executed, I've seen that myself.
  • #233
  • Nov 29, 2019 12:24am Nov 29, 2019 12:24am
Quoting HajiMohsin
{quote} there is no different between demo and live . but lots of difference we see when result come out. actually the main issue its all about psychology.
True; live trading is all about mental game; without enough preparations the ultimate result will be so unsafe.
  • #234
  • Dec 6, 2019 8:41pm Dec 6, 2019 8:41pm
Quoting HajiMohsin
{quote} there is no different between demo and live . but lots of difference we see when result come out. actually the main issue its all about psychology.
very good point you have noticed about psychology , when traders trade in demo they feel free to trade anytime because there is no real money but in live account no way there is to avoid emotions. this the real game.
  • #235
  • Dec 19, 2019 4:59am Dec 19, 2019 4:59am
Quoting MarkFxAnde
{quote} very good point you have noticed about psychology , when traders trade in demo they feel free to trade anytime because there is no real money but in live account no way there is to avoid emotions. this the real game.
Wise words! Anyone can trade on a demo account. Real game begins when you start trading live.
  • #236
  • Dec 20, 2019 3:49am Dec 20, 2019 3:49am
i got a mentor
  • #237
  • Dec 20, 2019 8:35am Dec 20, 2019 8:35am
Quoting allinazi
i got a mentor
Are you pleased by what you're learning with a mentor, compared on studying on your own?
  • #238
  • Dec 20, 2019 9:12am Dec 20, 2019 9:12am
Quoting mlawson71
{quote} Are you pleased by what you're learning with a mentor, compared on studying on your own?
The mentorship is done now I finished it end of last year.
I struggled big time in trading I would have a good few weeks then crash

so then I found a mentor and then worked hard with his teachings and I think I have turned it around.

this was my full first year at it and looks like it will be profitable one

so I always advise people if they are struggling the quickest way is find someone making it , ask them to teach , work on it yourself . rather than trying different strategies and paying the market to teach you a lesson if you know what I mean
  • #239
  • Dec 21, 2019 3:57am Dec 21, 2019 3:57am
Quoting MarkFxAnde
{quote} very good point you have noticed about psychology , when traders trade in demo they feel free to trade anytime because there is no real money but in live account no way there is to avoid emotions. this the real game.
got the pint , by the way thanks for reply. its a dispute that will never stop.
  • #240
  • Dec 21, 2019 8:30am Dec 21, 2019 8:30am
Quoting allinazi
{quote} The mentorship is done now I finished it end of last year. I struggled big time in trading I would have a good few weeks then crash so then I found a mentor and then worked hard with his teachings and I think I have turned it around. this was my full first year at it and looks like it will be profitable one so I always advise people if they are struggling the quickest way is find someone making it , ask them to teach , work on it yourself . rather than trying different strategies and paying the market to teach you a lesson if you know what...
I am glad your mentor was able to help you!
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