Why do traders find it difficult to make money?

Discussion in 'Forex' started by Waylen, Aug 5, 2024.

  1. volpri

    volpri

    Sounds good to me. Adios. I never wanted the conversation anyway but I was, you might say, a bit compelled to sort of explain things after you were so disparaging of my PA reading. Then I ended up being right and you ended up being wrong. BTW me thinks you missed the green light metaphorically, put on brakes, and may have caused a traffic pike-up, while the car in front of you (me) metaphorically cleared the intersection just fine , found the interstate and road it to metaphoric $$$$$.

    If I mis-interpreted your bouncing back and forth on trading instruments then I am sorry. Sleep deprivation is not good for traders. Did you ever get it all worked out and can now trade options successfully? I hope so!

    I think we both have better things to do with our time, so goodbye. Wish you the best. Check out Al Brooks. He might can help with your PA. I realize you don’t like him but in the markets it is not about who we like but who can show us how to extract $$$$ from the market.

    Best of luck an happy trading,

    volpri
     
    Last edited: Aug 18, 2024
    #131     Aug 17, 2024
    MACD, HawaiianIceberg and schizo like this.
  2. schizo

    schizo

    Hey, Volpri, keep doing what you love doing. That's all that it matters. Ignore the rest.
     
    #132     Aug 18, 2024
  3. volpri

    volpri

    Yeah you are right. But I needed to take this on. I needed to stand up this time. Maybe next time I won't take the bait and just ignore.
     
    #133     Aug 18, 2024
    themickey likes this.
  4. .

    Aloha PPC,
    Yes, it is too late for me to be aborted, and yes, I did deserve a taste. Looking back, I should have said nothing and am sorry. Rather, I should have just posted my take on the situation.

    I'm thrilled to have @volpri back here giving advice and agree with pretty much everything he post so I couldn't resist jumping to his defense. I don't trade the exact same was as him but we share the same PA thought process.

    I'm basically an expert Monday morning QB (not an expert trader), so here goes. Hopefully this will help out other Brooks students. Again, hindsight.

    PPC.PNG
     
    #134     Aug 20, 2024
  5. Relentless

    Relentless

    Amazing response. Thank you sir!
     
    #135     Sep 6, 2024
  6. Waylen

    Waylen

    I think lack of trading knowledge and poor trade management make a trader fail to earn profit in the market.
     
    #136     Sep 8, 2024
  7. shine

    shine

    There can be many reasons for the difficulty in making money on Forex. First of all, it is an unprofitable trading strategy, the inability or unwillingness to control risks for the opportunity to quickly and earn a lot on Forex, the inability to control your emotions and frequent violation of the rules of your strategy. It is also important to trade with a regulated broker with a long period of work in the market, with favorable trading conditions, minimal spreads and instant execution so as not to worry about your investments and trade more comfortably and profitably. I liked the conditions in fxopen, which has been providing its services for over 15 years.
     
    #137     Dec 28, 2024
    MACD likes this.
  8. Waylen

    Waylen

    Trading success requires discipline, accountability, and continuous improvement. The unglamorous tasks—journaling, reviews, backtesting—are what build consistency. Treat it like a craft, and results will follow. Keep grinding!
     
    #138     Dec 28, 2024
  9. Overnight

    Overnight

    You piece of shit...You started this thread. You provide no trading experience, no journals, no nothing, and you ask your question?

    GTFO of my forum, you lackadaisical POS. Real traders post journals, you dumbfuck.
     
    #139     Dec 28, 2024
    SimpleMeLike likes this.
  10. ph1l

    ph1l

    Aren't you supposed to be on your best behavior now (or at least for a little while)?:p
    upload_2024-12-28_23-10-48.png
     
    #140     Dec 29, 2024
    SimpleMeLike likes this.