How long it takes to be profitable

Jan 03, 2021 at 07:20
1,511浏览
30 Replies
会员从Jul 19, 2020开始   751帖子
Jun 06, 2021 at 11:20
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.
会员从Apr 03, 2021开始   470帖子
Jun 06, 2021 at 23:18
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.
会员从Nov 03, 2020开始   65帖子
Jun 08, 2021 at 07:56
As for me, you need to at least give yourself a year in order to really go to a certain income.
会员从Jul 19, 2020开始   788帖子
Jun 16, 2021 at 15:43
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.
会员从Oct 23, 2012开始   349帖子
Jun 16, 2021 at 21:45
10years+
if you follow the flock like sheep you always end up stepping in shit!
会员从Apr 03, 2021开始   470帖子
Jun 16, 2021 at 23:29
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.
会员从Apr 01, 2020开始   231帖子
Jun 17, 2021 at 00:21
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.
会员从Jun 15, 2021开始   10帖子
Jun 17, 2021 at 06:42
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.
会员从Dec 28, 2020开始   187帖子
Jun 17, 2021 at 07:46
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.
会员从Jun 15, 2021开始   13帖子
Jun 17, 2021 at 08:59
It depends individual to individual as everyone has different level of understanding and risk capabilities. It took 6 months to me to book profit on my first trade.
会员从May 19, 2020开始   402帖子
Jun 18, 2021 at 09:13
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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