I just realised that trading is easy but we stand in the way of growing.

I hear a lot of people talking about how emotions are a big challenge in trading and I agree.But...

We need to accept that we can't control our survival instincts from activating, instead:We need to write down our system. Accept the risk and the only way to really really accept risk, is to place and forget the trade, let them play out and continue to follow your system for multiple trades without checking you P&L. That P&L triggers a lot of self sabotaging emotions. I just realised that.

I'm glad to be part of this community and looking forward to exchange value with you guys.

It is easy to start but hard to achieve success.

Focus on growing accounts should be the main motive of traders.

I think you make a good point and I’ve seen other suggestions to set and forget trades so that our emotions don’t lead us to interfere and ruin them. Anxiety is a big factor for me, so this could be helpful. Thanks for sharing!

You can certainly place trades and forget about it if you’ve not put your life savings into it. Some spare cash that goes into trading doesn’t hurt, when lost.

LyudmilLukanov posted:
It is easy to start but hard to achieve success.

Very true, just like everything in life.

78678676 posted:
You can certainly place trades and forget about it if you’ve not put your life savings into it. Some spare cash that goes into trading doesn’t hurt, when lost.

Well said

HeavLeighGill26 posted:
I think you make a good point and I’ve seen other suggestions to set and forget trades so that our emotions don’t lead us to interfere and ruin them. Anxiety is a big factor for me, so this could be helpful. Thanks for sharing!

Yes, I figured there have to be set rules that you don't break as a trader. Rules that work for you and will protect you from yourself.

One can state that trading activity is really easy and I can't not to agree with this point. It becomes easy as soon as you gain some knowledge and experience in this field. Until you don't start trading it seems to very difficult and you think that it's almost impossible to make money here, however it's not like that. I always advice such people who always doubt that they need to try and only then they can make conclusions towards trading. Moreover, if you will lose your money on your initial stage, then it's okay, never give up and everything will be okay. I am tend to suppose like that actually.

You said it is need accept your emotions. But it is not so easy. It is easy when you get profit. But after first loss, second loss etc. You will change your mind. That is what I think.

I think the problem you might be facing is not knowing when to buy/sell and which trading symbols or platform works for you.

This growth was in trading always actually. If we look at the graphics of all tech companies in the world, not only tech actually, we can see that all of them show stable growth on the 10 years graphic. Thus, it can't sharply drop down in my opinion. Everything is growing because economics are growing too. Hence, the best way to earn money on this growth is just to join trading activity I think. Never doubt that something might go wrong. If you consider investing, for example, then nowadays is a good opportunity to start investing, because companies grow pretty fast, up to 20-40% per year. The vast majority of companies want to grow, hence their stocks grow too.

Trading is easy only in case of proper learning and practicing. There are no easy activities in our world, all of them require some experience and skills. Actually, if you will think that it's easy it can be pretty useful for your results in trading.
Anyway, traders should seriously approach to trading activity and it doesn't matter what direction does the price take nowadays.
Even if there is a strong bullish trend on particular asset, it doesn't mean that you should open only bull positions. You should calculate and analyze everything before opening a position. So, only if you will learn and practice properly, you can gain results.

Hey guys, by easy: I mean we know what we should be doing but our nature becomes a huge obstacle, that is why big institutions invest in EAs to minimize the hand of a human... I'm sorry if I sounded insensitive or undermined how hard this sh* can get.

Much Love to everyone dealing with the ups and downs of trading the markets.

Market analysis is the most challenging part for traders. So, traders have to increase their analytical knowledge.

Wise trading is needed indeed.Testify every strategy before applying on live account because a wrong strategy can crash your trading balance.