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Yes, I guess it is funny like that, as someone said a long time ago in a different thread, "I could describe the Obvious in simple words and it would make no difference to the vast majority" as people tend to stay stuck into their way of thinking especially if they have been thinking that way...

mainstream misdirection...

"You will never go broke taking profits" is actually the opposite of nonsense. It is a very key element of being consistently profitable...

themickey, hard work is necessary as the pain of big losses and the ecstasy of big wins, problem is where to apply the energy required for the work as most traders (me included, for a time) put the work in the wrong direction and the longer they do so the harder is to let go and learn anew.

But then, Mo06, what's stopping you from making the easy profitable trade into a month (year, 10 years, etc.) of profitable trades? a simple question with simple/hard answers...

Anyway, my 2c for the very few that may be inclined to think differently: the markets are highly manipulated (but we shouldn't say so, right?) Price moves up and down and do so based on the TF of observation know your time, as if you do you will know price as well buy low and sell higher or...

Funny thing is how easy is to "follow" the clever few once you discard your convictions about trading and accept that things are different from what they seems and trading is basically very simple. Problem is that for most people this is very hard to do, especially when they have invested so...

I see your point, but while I struggled with many things in my life, I have been very lucky with my few friends and with my family, still I understand what you mean about how life changes when you can make way more money than you will ever need.

well, while I am sad for those pour souls (as I have been there, so I know the pain), I would say good for those few who use their brains and come to see the light...

Overnight, it is the same old story, it is very hard to do something that do not agree with your personality and changing such personality to do that thing is probably impossible, so why not change the thing we do to fit with our personality?

Markettraders, why should you be unable to trade once you reach 1M$ account? you can scalp Forex with several M$ per trade if you want to, it may come a bit harder for Stocks which do not have that level of liquidity but still, I am pretty sure that I could day trade a reasonably liquid stock...

MrScalper, I believe that trading is as easy or hard as the trader decide to make it, which in other terms (or a metaphor previously expressed in this thread) is: if trading is a circle and the trader is generally a square, well, then why not to change (the trading) into a square? I did just...

Adapt your trading methodology to you instead of adapting you to the trading methodology. This simple thing (with low/no leveraging and some experience) has been the turning point from losing to making good money day in, day out

I started trading out of curiosity, made some money and lost more money, kept trading as it became a challenge: I wanted to figure it out. Lost some more money, stopped trading live and went into paper trading for a year, last 6 months of that year I became consistently positive and decided to...

Well, but then it is just a matter of how much capital you have and how much you use for a single trade. If I get stuck in a trade for a few days, even weeks, it is not a big deal, I can still trade with the rest of my capital and wait for the trade to come back. I know that is not what is...

Exactly!

The edge is simple, Buy low and sell higher, Sell high and buy lower, know what is high and what is low, the rest is just mechanics...

Oh, I remember it well, I was online, (I was actually talking on Skype with a friend when one of my alarm went off) I was Short on USD.CHF (very lucky chance, I had no idea that that was gonna happen) and I made I big fat lot of money, after the first few seconds of shock for the speed and size...

Time is the most important variable when Trading. It is a complex variable, it is multilayered and has different meaning for different instruments. By the way, Rodrigcn, I trade Forex as well, started with USD.CHF and now I trade several other pairs. As you trade at EUR.USD and look at USD.CHF...

You just described part of my process, of course I would never sell at the first A or buy at the first B, and that's part of my edge. I agree that having an Idea about where is Low and where is High as relative to the TF you intend to trade is the key for successful trading, very simple but...