Quote:
Originally Posted by TennTrader
Hint to all newbies, find a successful mentor and learn everything from him. If you want to be a successful forex trader, learn how that forex trader trades.
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This advice is right up there with telling people there's a secret to successful trading (read
The Secret to Trading Success).
The chances of finding a mentor willing to teach you what they do is pretty slim. The chances of that person teaching you something you can use for long-term trading success is even slimmer. Bottom line is just because Trader X makes 100% a year (or whatever you define as successful) doesn't mean you could do the same using his methods. It only works when what that trader does fits in with your own trading personality. You can't force things.