I have more than one year of experience trading live in forex and as most people, I have gain and lost money. I begin with a profitable strategy based on stochastic that turns my $ 1.000 account in $ 1.600 and then, market condition changed and I begin to loose. Then, I went to a chat with a "forex guru" that placed live trades and it was a real disaster coz I lost all my money trading based on his advice. Of course, its never his fault. Is allways your fault coz you dont use proper money management, coz this and that, bla,bla,bla. Lesson learned.
Then, I beguin to educate myself and learn in any possible way: forums, lessons, etc. (babypips is one of main contributions to my education: Tks. a lot !!!) until after a lot of efforts I was able to create my own profitable system, and I have recovered almost all my loosed money with it. The most difficult part is to follow my own rules, thats why I am paying a good programmer to develop an Ea to automate the trade.
You cant measure your success in therms of TIME to archive it, but in terms EFFORT to solve your trading problems, most of them created by yourself. There are a lot of good indicators/systems, but the main attention have to be focused always in the most important part of the trade: YOU.
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