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Re: Is it even possible to make consistent money in trading

15
You have to think of trading the markets as an apprenticeship which will take you about five plus years before you even start to break even.
Yes, you will blow up your account, better still if you blow it up twice, Yes a sore learning process but a definitive one at that.

Also, during your apprenticeship time you trading strategy will change as you hone your newly acquired knowledge and you may even change the type of markets that you originally traded (possibly from Forex to Indices or Commodities).

During your time served, you will gain a greater understanding of ebb and flow, you will see consolidation where price ranges followed by breakouts and you will be able to take advantage of these repeated moves.

Over the years I have discovered that the markets are made up of fractals of self similar patterns that are found in ALL TFs where all traders trade within a specific TF that is in their comfort zone.

Simply stick with it and you will come through the other side a better trader than what you started out as.
Xard777
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Re: Is it even possible to make consistent money in trading

16
xard777 wrote: Sat Oct 09, 2021 7:19 am You have to think of trading the markets as an apprenticeship which will take you about five plus years before you even start to break even.
Yes, you will blow up your account, better still if you blow it up twice, Yes a sore learning process but a definitive one at that.

Also, during your apprenticeship time you trading strategy will change as you hone your newly acquired knowledge and you may even change the type of markets that you originally traded (possibly from Forex to Indices or Commodities).

During your time served, you will gain a greater understanding of ebb and flow, you will see consolidation where price ranges followed by breakouts and you will be able to take advantage of these repeated moves.

Over the years I have discovered that the markets are made up of fractals of self similar patterns that are found in ALL TFs where all traders trade within a specific TF that is in their comfort zone.

Simply stick with it and you will come through the other side a better trader than what you started out as.
Xard777
cool to see you in this thread!


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