Still Struggling? Well, enjoy it while you can

Trading Discussion
1

The vast majority of you might still jumping from system to sytem. Still figuring out what are you doing wrong. When you finally do it you’ll beat yourself.

Anyway, once you cross the barrier things will be different. Not what you are expecting. I am not joking, it is really boring. Consistency is f…ing boring because is the only thing you will do. I really miss the days when I could not make a gain. So now I am patiently growin capital and is a dam slow process.

I guess is the price I must pay for making money just like that.

Regards.

2

So true my friend, gone are the dreams of triple digits returns. Now one just watches the grass grow or the paint dry.

3

Something like that. Yeah.

4

What? No thrills…no 12000% gains in a week guys? …are you kidding me? My long term goal is to get filthy rich really really quick, and you are so ruining it!!!

Seriously… proper trading is boring…

5

Incredibly boring. It does deserve a meme. What people think vs what really is.

6

I was thinking exactly the same! …I know there is a few forex meme on that subject, but NOT that catches the relation between consistency and how boring it actually gets when you discover the truth about it…

7

I suggest that Babypips should adress this issue in a more advanced edition of the school of Pipsicology. Cuzz I was not prepared for a turtle race.

8

I agree, Mr Gone…

As I already wrote once (here: 301 Moved Permanently ),

Forex trading has now become a waiting game for me… Gone are the thrill days, or at least they still come but less

frequently: most of the time, you wait around for that break and you trade it… It is all about giving fewer trades the

best probability to succeed in meeting the profit target… So, in the end, there is a lot of waiting around… I will never

be rich doing this, it has become almost second nature doing Forex but for the kind of returns I am making it would take

three lifetimes to get rich by it. I now accept that I may be better at it, but it will not make me rich and it will not be fun

like I thought it might three years ago.

9

5% club sucks.

10

Maybe…but on the other hand, the it cost less.

11

Forex Trading is Boring… yawn

12

You are not trading with big enough capital then.

13

Good article

14

Indeed. It is no so easy to gather capital.

15

I know, and I think it is very correct too…

To become a good trader, passion for what you do is more important than what you get in return.

16

This is a wise statement, if I become fixated on the result then I rejoice when I am right, a little like in the casino when the bell rings and everyone claps - I have won!.

A good trader would just shrug and say ‘so what, it’s just what I had traded for’.

‘Boring’ is how to describe the lack of emotion whether my trade was a winner or loser - for me that trade is like Mr Gone’s name - it’s gone, past, done with.

I cannot attach any emotion to it, whether a winner or loser, I am completely focussed on what is up ahead - thus ‘boring’ because dead trades are dead - but passion because of tomorrow.

17

5% a month or 5% a year?

5% a month gets you rich quick with compounding (and by quick I mean years).

5% a year is really not worth the risk however small and certainly not the effort.

18

5% of traders.

19

Well, let’s not start in on that old chestnut.

20

Don’t know what you guys are on about. I’m still trying to become profitable :stuck_out_tongue: