How long it takes to be profitable
तबसे मेंबर है Jul 19, 2020
751 पोस्टों
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.
तबसे मेंबर है Apr 03, 2021
470 पोस्टों
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.
तबसे मेंबर है Nov 03, 2020
65 पोस्टों
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.
तबसे मेंबर है Jul 19, 2020
788 पोस्टों
Jun 16, 2021 at 15:43
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
तबसे मेंबर है Oct 23, 2012
351 पोस्टों
Jun 16, 2021 at 21:45
10years+
if you follow the flock like sheep you always end up stepping in shit!
तबसे मेंबर है Apr 03, 2021
470 पोस्टों
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.
तबसे मेंबर है Apr 01, 2020
231 पोस्टों
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.
तबसे मेंबर है Jun 15, 2021
10 पोस्टों
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.
तबसे मेंबर है Dec 28, 2020
187 पोस्टों
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.
तबसे मेंबर है Jun 15, 2021
13 पोस्टों
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.
तबसे मेंबर है May 19, 2020
438 पोस्टों
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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