If you're a price action trader, there's no reason to have to guess, just trade the most favorable probabilistic outcome.

Going for it

$1k a month for living expenses, so a long time lol.

How Long Will Your $1 Million Last in Retirement?

If 10% of your capital can provide a risk aware return of your monthly expenses, you have enough capital to be an independent trader. But you should keep working, and compound your money faster that way. Then start funding real estate/crypto.

Should I become a full-time Forex trader?

Another big thing is listening to the scammers hawking ICT/SMC type nonsense.

Why 98% Of All Day-traders Fail

When you start out have a weekly/monthly goal, say $5 for every $100. Once you get more money in play, start thinking in terms of % per trade, and % of fund profits.

250 pips per month-realistic?

Pulled out my last round of profits to invest in stocks, account back to an initial deposit of $550, since 4/22, profits almost over $200.

Profit and losses journal

Covid has certainly increased market volatility across every type of market.

Forex markets seems to have changed

As a price action trader myself, having the patience to NOT trade is very important.

Why 98% Of All Day-traders Fail

Doing good mate, keep it up!

30% A Month - Magnetic Djasta

Cheers from another price action trader!

PPA - Pure Price Action

Sadly Oanda appears to have gotten rid of the trading analysis tool. But things are going good. Account is up to $7,300 as of market close on Friday.

Profit and losses journal

Lots of ways to trade, I am an intraday price action contrarian swing trader.

The brutal truth of day trading

Like pro poker players, bankroll management is a key component to successful forex trading.

Trading like a Casino

"Understand this: On any average day in the market...5% of stocks will trend up. 5% of stocks will trend down. 90% of stocks will oscillate, rendering any breakouts or movement false...up or down. That makes the odds 9 to 1 against any day-trade. If ...

Why 98% Of All Day-traders Fail

Make sure you learn bankroll management. A lot of people neglect this important skill. It is actually something that good forex traders and pro card players have in common. Lot of overlap in skills.

Any idea about real success in forex trading?

Not risky at all if you trade right.

why forex is so risky?

Of course, I know of a large group where I live, lots of prop firms, people on discord.

has anyone EVER seen a successful trader/trading system?

You have to learn what works for you. Nobody else is going or should make you trade or tell you what to do with your money.

How did you find success?

Learn bankroll management, and trade and increase it weekly/monthly.

Growing Account