The Authority’ on Price Action Trading. In 2016, Nial won the Million Dollar Trader Competition. So, what are your chances of succeeding professional forex trader leverage ratios a Forex trader?
This is a very important question that deserves some logic-based discussion, rather than the vague general statements that we so often read on the internet. This is a very important question with far-reaching implications. However, consistently making money is a different story, so over the long-term there are going to be fewer traders who have made money than who have lost money. When your expectations are more in-line with the reality of trading, you will have less desire to over-trade, and you will feel less desire to trade large position sizes as well. Since you feel no pressure to rely on your trading exclusively for income, you release most, if not all of the emotional attachment to your trades and to the money you have at risk.