How long did it take you to become consistently profitable ?

*awaiting Gladiator's method.........
Discretionary day-trade and scalp ES/Fesx/fdax/YM/bund
I trade 8am-10am and 2.30-4.30pm,
Also have an automated strategy running on Fx.

Using Support and resistance - Horizontals, trendlines, patterns on a tick-chart with thorough analysis of all time-frames to choose my trades, i use very tight stop losses and use an EMA for exits ;) Also use fundamentals.
 
Discretionary day-trade and scalp ES.
Also have an automated strategy running on Fx.

Using Support and resistance - Horizontals, trendlines, patterns on a tick-chart with thorough analysis of all time-frames to choose my trades, i use very tight stop losses and use an EMA for exits ;) Also use fundamentals.

Right...

now post your trading result pls
 
Thanks to those of you who have answered honestly.

Let's get this back on topic, I'm not particularly bothered about how GaldiatorX makes his money. Everyonerich - why is this relevent ? Just enough to say good on him for becoming profitable so soon.
 
Thanks to those of you who have answered honestly.

Let's get this back on topic, I'm not particularly bothered about how GaldiatorX makes his money. Everyonerich - why is this relevent ? Just enough to say good on him for becoming profitable so soon.

well.. based on all the replies here, he/shes the only one with claiming after 4 months practice able to be trade consistently for 4 years. so..

maybe i ask Gladiator at other place
 
well.. based on all the replies here, he/shes the only one with claiming after 4 months practice able to be trade consistently for 4 years. so..

maybe i ask Gladiator at other place

Sorry i wasn't trying to be egotistical... I didn't know 4 months was unusual, i thought around 6 months would have been the average. I was just contributing to the post, not trying to create anything else. Personally i don't understand why people are taking years to become profitable in trading? All you need to do is put a moving average on a chart and you can make money... Or just draw trendlines connecting dots and play the breakouts... Or anything really.

Is it because people on this forum don't use or understand money management therefore they make money and lose 20% on the next trade and this sends them on a psychological path to destruction?
 
i'm consistently unprofitable, if that helps, paulie_5.

i'm looking forward to the day (probably in about 5-6 years time) when i can make as much money from trading as i'd probably get from working at mcdonalds.

saw an old school friend a few months back, chatting he asked what i was up to..."trying to learn how to trade equities", i told him...

"aah", came his dismissive northern socialist reply, "easy money..."

needless to say i knocked him unconscious.
 
i'm consistently unprofitable.

i'm looking forward to the day (probably in about 5-6 years time) when i can make as much money from trading as i'd probably get from working at mcdonalds.

saw an old school friend a few months back, chatting he asked what i was up to..."trying to learn how to trade equities", i told him...

"aah", came his dismissive northern socialist reply, "easy money..."

needless to say i knocked him unconscious.

:LOL:
 
Personally i don't understand why people are taking years to become profitable in trading? All you need to do is put a moving average on a chart and you can make money...
Bloody hell which MA is this???:eek:
SMA ... (Secret moving average)

Seriously though, let go of all your disbelief and a stick a 20EMA on a chart and think of a discretionary method to trade it... I can't see in any way that would be difficult to profit from, there is hundreds of things you could do with it. Unless you want to be TOLD exactly from the EMA when to buy and sell rather than adding a discretionary element in terms of whether the trade is good or not... From your eyes you can tell if a market is choppy or trending, you don't need the ADX to tell you.
 
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