You guys really want to understand why a majority of traders lose?
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DislikedWork hard and you will achieve your goals. That is so cliche but the more you want to learn, you will begin to understand this structured market (yes this market is structured. If you think it is random, you are confused). Continue to read and learn something new everyday. Put in the grit and grind. I have to say that there is only so much information you can retain before you begin to completely comprehend how to start developing a strategy to become profitable. Anymore additional information is useless. Don't make it harder on yourself.Ignored
Disliked{quote} Supply and demand. On a global scale, understand where other traders and big banks/hedge funds are wanting to do business. Large institutions are not interested in targeting you individually for your stop loss.Ignored
DislikedEasy one to answer really. Trading is much harder than most people realize, and thew average relative newcomer puts their money on the live way before they have actually learnt how to read and profit from price movement. There are other psychological reasons, but you have to learn how to trade first. Most don't, and it really is that simple. However, there are plenty of traders who have been studying the market and trading for years and still lose, so what's going on here? Are they just stupid? Of course they are not. From what I have seen with...Ignored
Disliked{quote} Ganative, Thanks for your inputs. That would translate into understanding/prioritizing the Fundamentals thoroughly?Ignored
DislikedEasy one to answer really. Trading is much harder than most people realize, and thew average relative newcomer puts their money on the live way before they have actually learnt how to read and profit from price movement. There are other psychological reasons, but you have to learn how to trade first. Most don't, and it really is that simple. However, there are plenty of traders who have been studying the market and trading for years and still lose, so what's going on here? Are they just stupid? Of course they are not. From what I have seen with...Ignored
Disliked{quote} Trading is hard. Anybody who says trading is easy is spewing garbage. But there is an extent to how hard it is, I guess you can say.Ignored
DislikedIf you don't trade futures and don't have access to the real order book, it is almost impossible to make money in forex markets. There is no way you can sense the intentions of the "big capital" by using just technical analysis. Orders and order momentum move the markets, not technical analysis. When you watch the order book real time you realize that the markets are manipulated and rigged towards the "big capital". They can almost do whatever they wish, whenever they wish. If you are trading with a broker who accepts order size smaller than 1 lot,...Ignored
Disliked{quote} its not hard. yes, many make it hard, many have bad character (jealous, greedy,...), try to build the house from the top to the ground, are not smart enough in math,.... then its hard. but it isnt hard, an average should not need more then 3-6 month to know all in perfection and by speaking to right persons. doing wrong persons, reading wrong books/threads/textes.., learning wrong things , ofcourse then it will start being hard and takes a very long time. but the math market knowledge and then structure a strategy is not this difficult....Ignored
Disliked{quote} I think when you said "of course then it will start being hard and takes a very long time" yes, that's what people aren't ready for. That's what I mean by it is hard. Honestly, when you begin, there is an endless amount of sources... but where do you start? A majority of people are just aimlessly clicking around and reading/watching the wrong things. They can't pick apart the good information from the bad.Ignored
Disliked{quote} this a have to correct: 1. future are not this big (in currencies even much smaller then currencies). you dont need much extrem much money to buy all futures dax what are offered for a good price spread..... 2. your real order book is used from many to manipulate exactly people with many fake orders, so in order book is often not inside what people want to do, its often inside what people want to let see you. 3. no wins possible in spot market, only in future market! come ony, thats stupid. 4. "If you are trading with a broker who accepts...Ignored
Disliked{quote} I trade since 2002 (new trader!). In 2004 I switched to futures and never looked back. Good luck all....Ignored