This site is here to help the right people learn how to be consistent and profitable traders. 80 to 90% of people fail when they attempt to trade. To be blunt – there is no other way to do this subject justice – it is because most people think they see easy money and refuse to ever accept they are wrong. Most peoples’ egos get them most of the time.
The reason for the large percentage of failures that nearly every successful trader has lost money and blown multiple accounts before they have realise what it takes to win. The losing percentage is so is high because the vast majority that lose simply give up and walk away. I am a consistently profitable professional trader. I lost a lot of money before I turned it around and started making consistent money. point of turning from a losing, amateur trader to a consistent, professional trader was when I learnt from a professional trader myself. There are a few lucky people who are brought up in a trading environment where they can learn from someone successful from the start. For most successful traders, they’ve had to go through profound emotional pain and come out the other side.
The key thing about trading is once you realise and truly believe you cannot control the market, and that it will do whatever it wants, that you can be at one with the market and take the opportunities it offers. Trading is so simple, yet one of the hardest things one can attempt to be successful at. Once you realise that you need to master yourself and not the market, you will be on the correct path for success. Few trading books or trading-websites properly emphasize the importance of trading psychology.
This site is here to help based on my years of experience, mistakes and finally working it out. We have many members here, from people who have no traded or barely traded (an ideal situation to learn the correct way from the start), to experienced and professional traders looking for help or to tweak how they operate.
My team and I are here to help so have a look around the site and email us at Traders@FtseDay.co.uk we offer free training discussing what we do and what can help you become a consistent and profitable trader.