If I became a professional trader, and if they became a professional trader, why shouldn't you be able to do the same? There are so many factors involved.
The financial market, without a doubt the most enormous online business out there with trillions and trillions of transactions each typical day. And what surprises me, moreover, is that many retail traders (90%) who trade have absolutely no idea of what drives the market and why the market moves the way it does. As an unfortunate result, traders often jump from strategy to strategy desperately loo
king for the “Holy Grail” instead of investing wisely in Education. You need to understand that market is driven by fundamentals, Economic events, and Political events, money supply, interest rates, along with others, but categorically, the price is manipulated by the Big Banks, Large Commercial Companies, Governments, and Central Banks. Failure to realize that and their scheme, you can easily get emotionally involved in every trade you execute. If you allow your emotions to take over, you will expose yourself to making irrational decisions (based on intuitions and tries to "recover what the market has stolen from you") that will turn forex trading, a discipline based on high probability price patterns, and statistics, into a gambling game. The forex market is a global, decentralized market that people “least understood” as a result sole 1% of the people that invest in the forex market are profitable, the rest are inconsistent or have usual Losses. What remains the number one reason why traders fail? But none of the factors can't be addressed and corrected if you don't comprehend them. But always keep in mind that It is a long and hard journey that involves frustration and losses. Qualified traders don't have emotions involved in their trading, all that you see is part of a daily plan within a weekly plan within a monthly plan.
