pips per week
pips per month
The harsh truth of it is that most of you will
Never be traders. In fact, only 1 in 1000 people have the potential to become traders, under the right circumstances.
But the real number is probably close to 1 in 10,000 people.
The thing is that It is not only the right qualities like supreme patience, ability to handle constant stress from taking risk and superb pattern recognition, most of which are pre-determined by your genes, which are rare onto themselves, that make a good trader, but it is the amount of time and money that is required to become consistently profitable.
You need to be looking at charts for YEARS full time without making a penny.
So unless you have both the mental skills and the willingness to take the risk of wasting precious time and money with a very high chance of failure, then it’s over for you. You will never be a trader, period.
Once you accept the harsh reality and admit that you won’t be a trader, you can either quit the market all together.
OR you might realize that you don’t actually need to be a trader to make money in financial markets.
Because you don’t rush to get a dentist’s degree each time your tooth hurts. You go to a guy who already knows what to do-a dentist.
Likewise, in forex, you go to an established trader and use their expertise for a fee to make money. Fortunately, there are already many people out there like myself who took all the risks for you, and became traders.