As I know I never met any full time successful trader , In my country just some traders are doing good trading. Most of us try to do trading as part time. We are afraid of loosing all money , low investment is a hurdle to make us a successful trader. My most of friends are part time and low investors who earn a limited amount from forex.
I think when you try to do trading as a part time job is not easy. Moreover, I agree that when you have small investment it is not easy to become big. I am a full tome trader since last November with small investment it is not easy. However, now I am writing a blog which helps me to think better. This work requires full time...
Demo in forex is unrealistic profits. Nobody goes after you in a demo. This is the fate of forex trading, as dictated by market micro-structure.
I know some very successful traders, but don't suggest newones to become full time traders, success need long time experience.
It's not easy that's for sure. I've been trading about two years now I think and only the last 5 months I've been able to make something of it. Before that I blew about 5 micro accounts I think, lol. I'm still only trading with a Micro account but I feel more confident now that I can keep up my strategy for a longer time. I can get a few hundred now each month which for me is a very good start! I agree that it takes a loooong time before you can be a successfull trader, and then you still need to be prepared to take a hit now and then.
I mean it's all about what to think is someone who has been successful. I honestly can say that it's hard because you have to be very good at what you do. You also have to know that the market won't always be the same. I know that sometimes it can dry up, and that's why you can't try and read into what the market will be like the next day.