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How long it takes to be profitable
Jun 06, 2021 at 11:20
Anggota Sejak Jul 19, 2020
751 pos
It takes time to be profitable. But the sad thing is most newbie thinks three to six months demo trading will do the tricks. And when they realize it's too late for some traders. Trading is a skilled based job. You can't do it without being skilled.
Jun 06, 2021 at 23:18
Anggota Sejak Apr 03, 2021
470 pos
It's not a short time, but required a long time to learn, and also depending on how good our skill, because each human born with own talent, if you are born and talented to become an expert forex trader hence only need shorter time instead of untalented people, long time experience in forex trading does not guarantee will always make a profit.
Anggota Sejak Nov 03, 2020
65 pos
Jun 16, 2021 at 15:43
Anggota Sejak Jul 19, 2020
788 pos
sherifmesseha posted:Great post, I think it will help a lot for new traders. If any trader does not know about the plan, he can gain knowledge from this post.
the keys (self experience for just 9 months)
1-be master in one or two strategies.
2-be commitment with your risk management.
3-read every day about just two things (your strategy and psychology)
4-forget your emotions when you trading just follow the trading strategy.
5- identify reasonable monthly income and when you got that, just go out of the market for rest of the month and learn more.
6-if you got your goals for four to six months, right here you will know you are on the way to be profitable and consistent trader.
the results
at least 10% profit per month for four months consecutively
Jun 16, 2021 at 23:29
Anggota Sejak Apr 03, 2021
470 pos
I think many traders at first time trading career they cant maintain an account for more than six months, so if any trader already able to make consistent profit more than four months it's already a good trader, and to achieve this level also depending on each trader skill, knowledge, and experience.
Anggota Sejak Jun 15, 2021
13 pos
Anggota Sejak May 19, 2020
401 pos
Jun 18, 2021 at 09:13
Anggota Sejak May 19, 2020
401 pos
As soon as you see that your trading system gives you a stable level of income, you can consider that you have taken the first step towards success. And then the constant improving and the constant struggle with a volatile market.
@Marcellus8610
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