Why do I trade?

I prefer to spend my life making a living from doing something I do not dislike. I would do so if I could make a career from any of the few hobbies I have. No matter how the entrance requisites to all those areas in the professional fields is extremely tough to attain.


Is it to be rich?

To Create a living. Getting rich is an added bonus that is ultimate, if you are good trading. A struggling trader's trading existence is not on the flip side.


Can I exchange as a hobby?

I do not actually like many aspects of trading itself. So it's hard for me to respect it.


Do I love it? Can I hate it?

I don't think about it. I just try to get good at it. I might enjoy it once I am good. Right now, I am trying to get it directly.


What are your dre and goals in gambling? Are they realistic? Are we wasting time?

To be consistently profitable. The key is to create trading abilities and trading systems.
Really tough. I have to maintain reasserting myself it could be done. When it's realistic or not, is hard to say. A lot of aspiring traders won't ever make it and lose lots of money. I think that it is advisable to get a non CP trader to be prepared for failure's scenario to the very end.
Well working in a job which you are not interested in is a waste of time. If learn it and you would like to actually learn something, and you are willing to put in effort and time into it, it's not a waste of time.


Any stories you would like to share? Good/difficult times? Have you made it? Hoping to find your way?

Bad times: The first couple of decades. I blew up my accounts 3 days I think. Missing over 5K in total I think. Attended a very expensive trading course (just another 10K) which I afterwards found to be useless and regretted taking.
Good times: This season. I am starting to understand trading the market a lot more. My analysis/forecast/market feel is decent. My systems' functionality are advancing.
I see a minimum of five decades of consistent profit as the equation to'make it'.
Still trying.


Now lets talk a little about why 95% of individuals drop in trading.
What are the biggest mistakes that are made? Is it that only 5% of traders profit? What should change and how can this amount grow?

1. Lousy trading abilities Bad trading habits
2. No reliable systems that work in the future
3. Deficiency of risk management Poor posture sizing
4. Plogical/emotional issues

Nothing needs to change. Growing the amount of winning retail traders? The world doesn't work in this way. There are good reasons why many retail traders lose (and'need' to shed ). As an example, if trading reaches the point where it's'easy', it will have outcomes that are negative.
1. If retail traders are largely winning traders, then that are the shedding traders? For every win, there will be a drop. For every buy, there'll be a market. In theory at you can get 50% of retail traders that are currently winning. The problem is professional traders are good at trading and they exchange with positions. Naturally they account for many part of this winning portion of the trading world. The public's entrance requirement to trading area is very minimal. Practically everyone of legal age can exchange. But the majority of these people will lose money, which partly contributes to why many retail traders lose.
2. People will opt to exchange for a living rather than getting normal jobs if trading is too easy. The society will have problem with labor deficit. Then, the authorities will surely intervene by stepping into and ban retail trading. With dramatically less poor traders, professional trading companies will have problem making money. Professionals will have to compete among themselves. The weaker professionals will soon leave the trading area as nobody can survive for long without making money. If there are not any traders, there'll be winners. Trading for profiting functions will cease to exist . Another thing if individuals are not permitted to buy shares/stocks, business run into money flow problem and would not have the ability to operate effectively. In the worst case scenario business go bankrupt, unemployment rate will soar high, and the entire world will be plunged into a horrible recession.
3. Appropriate trading abilities training is not made available to the public. Professional traders and companies generally do not disclose their trading secrets to the public for reasons that are obvious. Trading books, courses, free advice found on the net are not sufficient to make one a success. Misleading / information that is contradicting makes the thing worse. One's chance in trading depends on one's intellect / proper analytic skill, character, discipline, diligence, patience, ability, capital and so on. The requisites are intelligence ability and analytical skill, the personality traits. Another way is to get successfully recruited into a good trading firm (and execute ) which as we know is very hard.

It's thus essential that trading is tough. It's a good thing that there are losing traders. Things are fine the way they are now.