why 95% lose
- Thread starter XRAY27
- Start date
If you want I can sent you successful Traders list.....I am tracking that Thread secretly....
Smart_trade
Nice discussion going on....
This is what i have observed in trading........
1. Any average trading method will be able to keep you in green but the thing is one has to take every single trading signal generated by method. If one tries to use one's logic over method then he/she is done. Use logic in making of method not in following it.
2. For above to be correct, one must have a very sound money management plan. MM is not just entering trade, exiting, or putting SL. Its everything how you handle your account. Size, risks, profit/loss, withdrawals, expanses.
3. Last but not least. I dont see anyone talking about trading capital required for trading here. Many traders think they can enter with a few thousands and get X % of profit and they will cover their expanses and increase account value.. all bull... one need to be properly capitalized. We know trading can give 5, 10, 20 50 or even 100%. but it would be fullish to expect such high returns no matter whether u r intraday trader or swing trader. I personally would not expect more than 5% per month. and those 5% should be able to cover all ur expanses + make some saving for account growth. In short one should be properly capitalized.
This is what i have observed in trading........
1. Any average trading method will be able to keep you in green but the thing is one has to take every single trading signal generated by method. If one tries to use one's logic over method then he/she is done. Use logic in making of method not in following it.
2. For above to be correct, one must have a very sound money management plan. MM is not just entering trade, exiting, or putting SL. Its everything how you handle your account. Size, risks, profit/loss, withdrawals, expanses.
3. Last but not least. I dont see anyone talking about trading capital required for trading here. Many traders think they can enter with a few thousands and get X % of profit and they will cover their expanses and increase account value.. all bull... one need to be properly capitalized. We know trading can give 5, 10, 20 50 or even 100%
. but it would be fullish to expect such high returns no matter whether u r intraday trader or swing trader. I personally would not expect more than 5% per month. and those 5% should be able to cover all ur expanses + make some saving for account growth. In short one should be properly capitalized. Great statement .... my respect...
Nice discussion going on....
This is what i have observed in trading........
1. Any average trading method will be able to keep you in green but the thing is one has to take every single trading signal generated by method. If one tries to use one's logic over method then he/she is done. Use logic in making of method not in following it.
2. For above to be correct, one must have a very sound money management plan. MM is not just entering trade, exiting, or putting SL. Its everything how you handle your account. Size, risks, profit/loss, withdrawals, expanses.
3. Last but not least. I dont see anyone talking about trading capital required for trading here. Many traders think they can enter with a few thousands and get X % of profit and they will cover their expanses and increase account value.. all bull... one need to be properly capitalized. We know trading can give 5, 10, 20 50 or even 100%. but it would be fullish to expect such high returns no matter whether u r intraday trader or swing trader. I personally would not expect more than 5% per month. and those 5% should be able to cover all ur expanses + make some saving for account growth. In short one should be properly capitalized.
This is what i have observed in trading........
1. Any average trading method will be able to keep you in green but the thing is one has to take every single trading signal generated by method. If one tries to use one's logic over method then he/she is done. Use logic in making of method not in following it.
2. For above to be correct, one must have a very sound money management plan. MM is not just entering trade, exiting, or putting SL. Its everything how you handle your account. Size, risks, profit/loss, withdrawals, expanses.
3. Last but not least. I dont see anyone talking about trading capital required for trading here. Many traders think they can enter with a few thousands and get X % of profit and they will cover their expanses and increase account value.. all bull... one need to be properly capitalized. We know trading can give 5, 10, 20 50 or even 100%
. but it would be fullish to expect such high returns no matter whether u r intraday trader or swing trader. I personally would not expect more than 5% per month. and those 5% should be able to cover all ur expanses + make some saving for account growth. In short one should be properly capitalized.
Nice discussion going on....
This is what i have observed in trading........
1. Any average trading method will be able to keep you in green but the thing is one has to take every single trading signal generated by method. If one tries to use one's logic over method then he/she is done. Use logic in making of method not in following it.
2. For above to be correct, one must have a very sound money management plan. MM is not just entering trade, exiting, or putting SL. Its everything how you handle your account. Size, risks, profit/loss, withdrawals, expanses.
3. Last but not least. I dont see anyone talking about trading capital required for trading here. Many traders think they can enter with a few thousands and get X % of profit and they will cover their expanses and increase account value.. all bull... one need to be properly capitalized. We know trading can give 5, 10, 20 50 or even 100%. but it would be fullish to expect such high returns no matter whether u r intraday trader or swing trader. I personally would not expect more than 5% per month. and those 5% should be able to cover all ur expanses + make some saving for account growth. In short one should be properly capitalized.
This is what i have observed in trading........
1. Any average trading method will be able to keep you in green but the thing is one has to take every single trading signal generated by method. If one tries to use one's logic over method then he/she is done. Use logic in making of method not in following it.
2. For above to be correct, one must have a very sound money management plan. MM is not just entering trade, exiting, or putting SL. Its everything how you handle your account. Size, risks, profit/loss, withdrawals, expanses.
3. Last but not least. I dont see anyone talking about trading capital required for trading here. Many traders think they can enter with a few thousands and get X % of profit and they will cover their expanses and increase account value.. all bull... one need to be properly capitalized. We know trading can give 5, 10, 20 50 or even 100%
. but it would be fullish to expect such high returns no matter whether u r intraday trader or swing trader. I personally would not expect more than 5% per month. and those 5% should be able to cover all ur expanses + make some saving for account growth. In short one should be properly capitalized.
Trading is a business. Problem stems from here. People fail to understand this. Show me how many persons are doing share trading full time? Nobody wants to take risk with their career or money. How many people have the guts to quit their job and trade full time? In reality,there is no such thing as part time business. Every business is full time. You have to put in your heart and soul,work hard,acquire skill and put in capital. Have patience. In share trading,one should also have psychological control. If I try to fly an plane,without undergoing training,will I able to fly?
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