Trading is fun. You think Warren Buffett and Charlie Munger are not motivated?

How do you newbies not lose your motivation?

Nobody needs to be "full time", you might as well just trade in your off hours and down time while working. If I went full time a few years ago I would have a much lower net worth now. Compounding is very useful.

Should I become a full-time Forex trader?

It is only as risky as you make it, get better bankroll management and trade off probability.

why forex is so risky?

Why would you ever want trading to be boring? lol After 6+ years it is actually more exciting each day/week I trade, especially now with a larger bankroll. Do you think Warren Buffett and Charlie Munger are bored? NO!

After consistently profitable, will you become boring?

Ride it out, have a bigger bankroll.

Why do you lose money in trading?

Just hedge with gold/silver in hand. Simple. Have 1% of your net worth per decade in physical gold/silver.

Hedging, Anyone doing it successfully?

You sound like another sheeple. Dude just buy index funds and call it a day.

Any idea about real success in forex trading?

Unreliable? No, not in the least you are just trying to trade what you want the given market to do, instead of what the market is doing.

It's Unreliable

Very possible. Look at my thread and proof. But you can't force trades on short timeframes. NEVER trade on a per DAY expectation/mandate of profit potential. That is how you enter into bad trades and poor metrics. 1% of $1,000 is only $10.

1% to 3% Per Day? All things are Possible

Speaking as a good proven successful pure price action trader..... Dude you are over thinking things. It seems like you still don't understand how to read and see charts movements. If you can't see if a given pair is a good trade in a few ...

Price action at the core = family members' discussion project

Been busy with work (yay promotion lol ), and investing heavily into other assets (pulled my money out to invest), starting back up my forex now. Threw in $100 Sunday night to get the cobwebs cleared out, up to $135 as of this morning. Will start ...

Profit and losses journal

They rush into live trading, that's a big one, also not understanding the psychology behind trading.

Why do Newbies Lose?

Usually get up around 1-2am, and trade no later than 2pm EST. But now, I look for only one good trade, with a side bet/capper for fun that I open while my main trade is going, off an active interday pair's movement.

In USA - Best Hours to Trade

Certainly possible, but not probable. Case in point, had an account make 35% this week, showing a friend how I trade, threw in $100, up to $135. My larger accounts are a lot more conservative. But really, as long as I have been trading, at the end ...

Making 70% Profits Per Annum

possible, but unlikely.

Is it possible to earn 30% per month consistently for 4 years?

no trading knowledge or discipline

Why do Newbies Lose?

Account status since March 19th

Profit and losses journal

Ended up with a $1k day and 2.6k for the week

Profit and losses journal

Now up to $7,400

Profit and losses journal

Account is now up to $5,468

Profit and losses journal