How do people learn to be a successful trader?

[comandantechanch]

I agree with what Steve said. Higher timeframes make for an easier life.

I’ve been trading for 3 years and only now starting to turn a profit. I still don’t consider myself successful. If I can keep it up for the next year or so then maybe I’ll consider myself profitable.

Anyway I recently started trading price action signals from areas of support and resistance using the daily timeframe.

There’s a really great thread on here which can help with taking only the best setups.

Forex Price Action

Hello my name is Johnathon Fox. I am a professional trader and trade solely using high probability Price Action signals from very good levels along with strict money management and a few techniques to protect capital at all times. Most of my trading is done of the 4hr, 8hr and daily charts. The Price Action trading method I use is very clear and simple and something others can learn very easily. This method is not about adding every single thing you can find and throwing it on your charts or i…

I started trading this way in June and my account is up 4%. That’s about 1% per month. If I can do this consistently and make 12% a year I’ll be a very happy man.

Stick at it mate. All the best.