Why most traders fails

“The main purpose of the stock market is to make fools of as many men as possible.”

Bernard baruch.
Bernard Mannes Baruch (August 19, 1870?—?June 20, 1965) was an American financier,
stock investor, philanthropist, statesman, and political consultant.
After his success in business, he devoted his time toward advising U.S. Presidents Woodrow Wilson and Franklin D. Roosevelt on economic matters, and became a philanthropist.
His knowledge and skill on trading stock is legendary awesome.
Just like stock, forex market also hard to understand and make money from them.
Some traders can make money but hard to keep their profits.
Just like stock market, forex itself have purpose to make fools as many traders as possible.
To become not fool you must be smart and have mastered patience.
Learning by example is the best teacher on improving your forex skill to the next level.
Real portofolio traders is some hints to track his performance on this business.
This is a must.
This is an example https://www.fxblue.com/users/mj1. Thats my EA (expert advisor) results.

If you want try no risk trading then you may try open account and claim $50 on your account with this link https://fbs.wisefx.co.id. This broker is truly reliable and I already use it for 5 years and more, without any problem withdrawal at all. You can withdrawal your profit after completing 2 lots trading. Its hard, but if you have skill and patience enough you can wihdrawal your profit smoothly.
To be a true winner trader in this forex market, we have to mastering patience. Mastering patience will mastering everything else.
Not just have knowledge and skill in fundamental and technical analysis an sich.
Become profitable trader need patience, and unfortunately, most traders dont have enough patience.
Others dont have enough skill on technical and fundamental matter.
So if we want become truly profitable trader, we must have patience and proper money management skill.

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I can divide 3 key points how to become 100% successfull trader.
This points must be allocated properly in percentage.

1. Trading psychology got attention 40% (read : patience)
2. Money management got 40% (keep your risk low, profit will follow)
3. Trading skill both fundamental and technical analysis. Got 20%.

Usage of this 3 points must arranged properly.
The use of 3 points should be sorted. Do not overtake.
Prioritize in the order I have mentioned. Allocate the exact percentage that I mentioned, because with that expected result can occur.
Your trading will be profitable and can make trading a livelihood,
you then become a full time trader. You feel good and enjoy for : trading for living. Not living for trading.

Last word from Isaac Newton : Genius is patience.

 

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