Its impossible to be profitable in trading as a retail trader

Prudent Risk Management is the only true edge in trading.
Yes I think as good trader also they can discipline using risk management in trading, sometime almost mistake trader is greedy in trading, often this emotion leading quick loss
 
There is no one strategy to be a successful trader. I find a combination of buy/hold, swing, and options. Leg in/out, average down/up, dividends, use options as they were intended, manage risk, don't get greedy. There is an advantage/disadvantage to every strategy but rarely a linear path. Learn from mistakes and successes. Find your groove that works for you, which may not work for others. The markets are not a lottery, get rich quick schemes exist to separate you from your hard earned capital. Hind sight is 20/20, I like to (attempt) think forward. My 2 ticks worth ...
 
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There is no one strategy to be a successful trader. I find a combination of buy/hold, swing, and options. Leg in/out, average down/up, dividends, use options as they were intended, manage risk, don't get greedy. There is an advantage/disadvantage to every strategy but rarely a linear path. Learn from mistakes and successes. Find your groove that works for you, which may not work for others. The markets are not a lottery, get rich quick schemes exist to separate you from your hard earned capital. Hind sight is 20/20, I like to (attempt) think forward. My 2 ticks worth ...

If trading was easy , the whole world would be doing it.In fact all the books and education on trading , are written by unsuccessful people , they could not make money from trading , but from writing books , selling courses and education.
 
Before the end of his first month on ET he will have 1000 postings.

I will go in exile after 999 or be banned before that.

Remember, in every gold rush there are unqualified people on the sidelines selling tools, maps, clothing and food. They’ll tell you what to wear, the route to take and sell you supplies they think you need even though they have never spent one year prospecting themselves. And as soon as the gold runs out in one area, they’re off to the next…selling the tools.
 
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