Post
Topic
Board Trading Discussion
Re: if you are a trader, how long it took for you to become profitable trader?
by
_BlackStar
on 06/12/2024, 21:36:46 UTC
-snip-
Actually, this morning, I did the opposite of what I talked about and it cost me to have my account liquidated. I took 2 successful trafe already which gave a return of not less than +50% in those two trades, I feel I saw a good entry position and I took the third trade and that was how I lost it all. Meanwhile, I already said to my self that I was going to take just two trade. Didn't know what pushed me, greed perhaps. I have learned a hard lesson tho.
Of course - it's greed that makes you fail to maintain discipline.
I'm sorry to hear you lost it all - but take it as a lesson because after all it will change your mindset in other periods. Many traders end up regretting their wrong and costly decisions - but sometimes that greed has given them huge profits because the market moved as they expected.

I have actually avoided futures trading for a long time and that was a decision I had to take for the sake of continuing my big investment plans. I definitely learned a lot from trading futures - but it's hard to avoid getting greedy when the market seems so optimistic. Everyone remembers how the price movement a while ago liquidated so many long positions - no one knew that the price would drop to $91K when the price had already hit ATH at $104K, but it happened.