Here's to wishing you good fortune many pips on your endeavours!!!
D.
Being realistic would be a much better idea. Hey I hope everone here makes it to some $1mil. But reality is 80/90percent will not even be around in 6 months.
A 300 mini account is much better spent in 300 Lotto tickets. At least the payout is in multi-millions and not as much work involved.
Also about the Very Same chances.
Okay, seriously... This mentality is becoming old. I began in July of last year with $248. It's now 8 weeks later and I am trading about $2.5k. Allowed $1000 more has been deposited, but still, 1.2k profit on 1.3k of funds. Allow me to tell you that I've bought Lotto tickets, and I've traded FX, and that I win far more consistently with Forex.
Should you take this business seriously and work hard with subject, it is difficult to shed in my view. I'm really tired of people telling newbies the chances are against them every hour of the day as though your insight is keeping newbies out of trouble.
Not trying to sound rude here, but given a fantastic work ethic, there's a lot that is attainable.
*Measure down from soap box*
Kevin
Being realistic never got anyone anywhere. That's exactly what the winners state.
It is only once you reach out and try something challenging that you get somewhere worth being.
Men,
Its possible and we could all do it. I began trading 3 decades back. As of today my account balance is $69,000. I take less than 10 trades a month, the majority of those being swing trades and keep a simple journal of all the trades that I do. I spend 30 mins a day going over most of the fundamentals and the exact identical quantity of time going over technicals.
Basically we simply have to keep our emotions at check and make sure we consider our very own analysis and keep targets as fixed. Traders generally like to allow losses run into larger losses due to the fact that they hate to believe that the market could move against them but when its time to take profits, we cut ourselves short sooner than we ought to have. Creating a ew pips on a trade makes us forget all that we have lost and all of a sudden we've got a hurry to enter into more trades without actually studying them. That is where most men and women lose their money.
Point being - it has been completed and can be done - Everything you need is very good money management - everyone says it but few follow and people who follow make it big. Those who dont lose their money sooner rather than later.
Girish
Please stop posting, only let this guy post his diary.
Pay just a small bit of respect to this thread host.
The journey is most definately not over. But following some disappointing trades and a string of losses I've re-developed my method to a more straightforward approach with greater leverege, and'm likely to spend much less time posting commerce results. Composing trade results instantly after on this forum was carrying me out of attention and causing me to miss other opportunities. Weekly wrap-ups are the only thing I will be posting for now.