Can YOU make money as a trader?

Sorry Atreides. I have been missing last few days, on mini holiday. Looks like chaos has erupted. Sometimes this happens

This thread is a good representation of what a beginning trader has to go through to learn the game. There is a dialogue inside the mind. Is the market going to crash, is it going to go sideways, or is it going straight up? The arguments between people who know they are right are similar to thoughts in our minds. We have to clear our head from that kind of thinking, from thinking that our thinking is right.

The "Yes it can be done" people and the "No it can't be done" people are great examples of the battlefield of trading. We have to learn to push out these thoughts out and focus on proper execution of our "tested" trading strategy with indifference to the outcome.

After a while it will become instinct to ignore the noise in the market and focus on the process of excellence in trading.

it is much more easy. without the "No it can't be done" people, the "Yes it can be done" people cant exist. it needs many to lose, so they think it cant be done, to produce winner, who think , it can be done. so both are correct same time, because they are together the market system.

I agree. People that are stubborn enough, and will take enough beating and crap and still get up after hundreds of failures, they will eventually make in in the end. Never give up is the name of the game.

most people do it the complicated way. this is the way you described and this can be a hard expensive way.
the more easy way is to learn all the basics from the beginning and then get trust in this and get experience, by open very small cent account and train this all.you can there see that all what you learned is true and get your screentime to know to read the prices/charts for each currency you want trade and know the advantages/disadvantages and special behavior of each pairs...

when you trust in math, you dont get psychological problems and dont have any problems with emotions inside trading, if not you need to educate yourself about emotions in trading and improve the hard way.

and of course the own character/personality is extrem important, there is no better character then other (only different), but you need to accept who you are and work with what you are, thats extrem important:
- some can learn by secondary experiences and dont have to make any mistakes primary to learn from it, other cant
- some control they greed, some have to learn it
- some can read the charts faster, other need much more time
- and and and, endless list

but noone is better then other, all have to work with what they have as basic character and improve from this, so there is no correct way for each person, there are many ways for many different types of persons. only the learning the bascis step by step is same for all, to reduce extrem the opportunity and starting costs by learning it and to save a lot of time and have later much more ideas what you do.... but after this stage then ways split for many traders.....

and one is also for sure. for some characters/personality people it is the best not to trade any more or to invest time in this, because trading has many disadvantages too if wrong people do it. and losing money and time is only some of this, some losing even their mind in this. that is same like in a "normal" working business, not anything is something for anyone.

A few of us were talking about NZD crosses. Here is trade 1 on the EN, with my stop moved from 30 pips to just 5 pips below the entry. Looking for second entry if PA settles down a bit. Actual target for a position built in this pair is about 120 above the current price. If it collapses back then I'll re-evaluate. Good trading everyone!

[quote=newbegger;10722665]I was discussing the topic and wanted to post my thoughts on making money as a trader. Many people have the idea that they are almost there,

Hi, you can make money but it is very difficult .

You need nerves of steel and patience .

You may trade once per day , lets say UK open and 10 minutes later you have finished, waiting for the following day.

You then get bored and feel lucky so trade again, perhaps winning but probably losing..

wish you well.

someone mentioned posting bank statement/donation in here.
They are very very easy to falsify especially online, so a pointless exercise.