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        How long it takes to be profitable
                    
                        
                            Medlem sedan Jul 19, 2020
                                     
                        
                        
                            749 inlägg
                        
                    
                
            
                    Jun 06, 2021 at 11:20
                                    
                
                    
                            
                                Medlem sedan Jul 19, 2020
                                 
                            
                            
                                749 inlägg
                            
                    
                
            
                        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.
                                                                                            
                                                            
                    
                        
                            Medlem sedan Apr 03, 2021
                                     
                        
                        
                            437 inlägg
                        
                    
                
            
                    Jun 06, 2021 at 23:18
                                    
                
                    
                            
                                Medlem sedan Apr 03, 2021
                                 
                            
                            
                                437 inlägg
                            
                    
                
            
                        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.
                                                                                            
                                                            
                    
                        
                            Medlem sedan Jul 19, 2020
                                     
                        
                        
                            742 inlägg
                        
                    
                
            
                    Jun 16, 2021 at 15:43
                                    
                
                    
                            
                                Medlem sedan Jul 19, 2020
                                 
                            
                            
                                742 inlägg
                            
                    
                
            sherifmesseha posted:
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
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.
                    
                        
                            Medlem sedan Oct 23, 2012
                                     
                        
                        
                            341 inlägg
                        
                    
                
            
                    Jun 16, 2021 at 21:45
                                    
                
                    
                            
                                Medlem sedan Oct 23, 2012
                                 
                            
                            
                                341 inlägg
                            
                    
                
            
                        10years+
                                                                                            
                                                            
                                    if you follow the flock like sheep you always end up stepping in shit!
                                
                                                                        
                    
                        
                            Medlem sedan Apr 03, 2021
                                     
                        
                        
                            437 inlägg
                        
                    
                
            
                    Jun 16, 2021 at 23:29
                                    
                
                    
                            
                                Medlem sedan Apr 03, 2021
                                 
                            
                            
                                437 inlägg
                            
                    
                
            
                        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.
                                                                                            
                                                            
                    
                        
                            Medlem sedan Apr 01, 2020
                                     
                        
                        
                            227 inlägg
                        
                    
                
            
                    Jun 17, 2021 at 00:21
                                    
                
                    
                            
                                Medlem sedan Apr 01, 2020
                                 
                            
                            
                                227 inlägg
                            
                    
                
            
                        It totally depends on the trader himself and his ability and also must have good skills and knowledge of all forex tools and technical analysis.
                                                                                            
                                                            
                    Jun 17, 2021 at 06:42
                                    
                
                    
                            
                                Medlem sedan Jun 15, 2021
                                 
                            
                            
                                10 inlägg
                            
                    
                
            
                        It all depends upon your level of forex trading knowledge, time you devote, platforms you use for trade and most important is how much you are paying as commissions to the brokers. 
                                                                                            
                                                            
                    
                        
                            Medlem sedan Dec 28, 2020
                                     
                        
                        
                            167 inlägg
                        
                    
                
            
                    Jun 17, 2021 at 07:46
                                    
                
                    
                            
                                Medlem sedan Dec 28, 2020
                                 
                            
                            
                                167 inlägg
                            
                    
                
            
                        There is no fixed time to learn. It totally depends on person to person, some traders learn easily and some traders take a long time. But you must learn at least for 6 months then go for live trading.
                                                                                            
                                                            
                    
                        
                            Medlem sedan May 19, 2020
                                     
                        
                        
                            321 inlägg
                        
                    
                
            
                    Jun 18, 2021 at 09:13
                                    
                
                    
                            
                                Medlem sedan May 19, 2020
                                 
                            
                            
                                321 inlägg
                            
                    
                
            
                        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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