There is no secret holi-grail

There is no secret holi-grail. Skills and discipline is important. Also you need the control over your mind. Don't be restless to open a trade if there is no obvious set up in the charts. Wait until it appears.

Yes skills and knowledge is the secret. And it takes years to be profitable. It's not possible to be profitable just by following some ready made strategies. We need to understand the market movement and price to be successful.

Sticking to your trading plan is very important.

Michihito posted:
There is no secret holi-grail. Skills and discipline is important. Also you need the control over your mind. Don't be restless to open a trade if there is no obvious set up in the charts. Wait until it appears.

That’s true. trader always search for some magical indicators or strategies rather than focusing on gaining knowledge.

there is a secrets of holly grail is exist .. i challenge it is exist ... i have one piece of it .. not whole..

UweMoench posted:
Yes skills and knowledge is the secret. And it takes years to be profitable. It's not possible to be profitable just by following some ready made strategies. We need to understand the market movement and price to be successful.

Yes, you are right, knowledge and experience are a secret of trading. Without that secret, you can't make a profit.

Absolutely, the sooner we understand this the better it is. There is no shortcut to success in forex. Nothing comes for free or through shortcuts, we got to work hard to be profitable.

Your skills and knowledge determine your place in the market.

Michihito posted:
There is no secret holi-grail. Skills and discipline is important. Also you need the control over your mind. Don't be restless to open a trade if there is no obvious set up in the charts. Wait until it appears.

neither there is holy grail :)

EllisParker posted:
Absolutely, the sooner we understand this the better it is. There is no shortcut to success in forex. Nothing comes for free or through shortcuts, we got to work hard to be profitable.

Trading is all about knowledge. Better trader determines by the level of knowledge you have.

SofieAndreasen posted:

EllisParker posted:
Absolutely, the sooner we understand this the better it is. There is no shortcut to success in forex. Nothing comes for free or through shortcuts, we got to work hard to be profitable.

Trading is all about knowledge. Better trader determines by the level of knowledge you have.

I completely agree with you.

I totally agree with this idea. Only skills and knowledge can make your trading successful. More than that, the most interesting thing is that you'll still have losses, but you can protect your budget from the absolute loss with the help of money and risk management.

This is a business with certain laws, it constantly requires knowledge and a fair amount of time, only understanding this will bring stable results.