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If you look up anything trading education-related on Google or YouTube or any other channel. You will get a million hits about the same things like support and resistance lines, chart patterns, candlestick patterns, and so on so forth. The same goes for trading academies and schools, they will all teach you the same things. But does it really work?Short answer: No, it doesn’t.Long answer: You can make it work, but you will need to spend at least 5/10 years of your life to master these strategies fully, and your risk management has to be super tight. Your profits will be minimum, and not worth the energy and stress you put in. The truth about trading education Some of these traders quit trying to trade Forex for a living and move over to educating people. They know a lot about the market sure, but they’re not making money in it…. read more

Every single day, countless individuals are launching their career in day trading. They join chatrooms, participate in various classes, and start trading in real accounts or simulators. They enter day trading with all kinds of different expectations. Let’s deal with one that I encounter often. People will say to me, “Oh, okay, I’ll become a full-time trader, and I can make a living out of that. I’ll have financial freedom and become independent and be able to quit my job.” Unfortunately, that is not very likely to happen very early in their trading career. Of course, it’s possible for anyone after three months of training and study to become a full-time trader. That’s the easy part. But if you want to actually make a living out of trading, preferably while lounging in a beach house on the Caribbean and sipping tall cool drinks, that outcome is highly unlikely. I’m always… read more

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