Originally Posted by
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You know, I often wonder whether trading and forex only comes more natural to a than it does other people.
Yes it takes discipline and sticking to a plan without deviation. But some folks are already disciplined. Some people are naturals. As an instance, a local guy here around Richmond, VA.. Was it clicked with him and that he went into a seminar. He had been so good that the folks running the seminar tried to recruit him. He refused. He is years old and has over $50 million at the bank.
How about this - take someone SO new that they truly don't have an idea of what they're doing. Teach them the basics. Give them a trading plan, i.e. enter the market when this and this = this and exit the market with this and also this = this. Simply put they will make money as long as the trading plan is a good one. Am I not right?
Problems arise from improper money management and greed. Those would be the two biggest issues I see for new traders. Developing a trading plan is a part that is challenging, but that can be fine tuned as you go.
Provided that one has a good trading plan, then it doesn't look like rocket science - not to me.