To continue or not?

[Jonescan55]

There are many types of traders out there. Some people will sit out for a time and watch what’s happening. They will read books which I would readily endorse!
Trading is a lifestyle, a choice which you want to explore. It’s not always about the money. If it is then you might want to reconsider its impact on your life.

[Pauley1]

You really need to stick with it. There is important teachings all the way up to the last lesson. Once you get though all of them you will have all the basic knowledge you’ll need to start.

[Oli_jackson]

@Jonescan55

Trading is a lifestyle

I really like the way you think about trading. So, as you said, it’s a life style. Tell me more about it.

[M_i_h_a_i]

I decided to continue learning in this style (only the lessons on BabyPips), so now I have finished lesson 100 / 361.

I hope I won’t have moments when I wonder if it makes sense to continue.

[tommor]

There’s no reason for anyone to give up trading merely because they have been doing it wrong for a long time.

[M_i_h_a_i]

In my case, I was only talking about the learning phase with the help of lessons.

Regarding transactions, I haven’t made any transactions yet, not even on a demo account.

[Jake_robins]

@M_i_h_a_i

Hi !

I have finished lesson 70 (Elementary → Psychological Levels) of 361.

Enough time has passed until now, I’ve gone through a lot of theory and I’m already fed up and I’m terrified of what’s to come.

The fact that I actually have to always learn in this field also scares me, especially if I don’t have good results (profit).

But, if I keep learning, then it scares me that 70-80-90% of traders lose, so what reason do I have not to give up, considering the statistics ?

Another reason why I got fed up is that I only did theory and 0 practice (that is, I thought there would be, simultaneously with the learning part, a practice with a demo account).

Some notions seem to use exact calculations, clear rules, but many others seem vague (in which you count on nothing but prayers), and the vague things could greatly affect those few things that were clearer.

I want to speculate, but not in 10 years when I finish my “doctorate (learning about)” in Forex Trading.

Obviously, I don’t want to fall into the trap of the majority category, which has no patience and immediately starts trading and thus loses

Don’t give up on your aspirations. Set realistic goals, be patient, and keep learning and practicing. With dedication and perseverance, you can work towards becoming a profitable trader. You got this!