TRADE AND BECOME A MILLIONAIRE IN SHORT TIME- A BIGINNERS DREAM

It begins with a dream of an easy way out to making money, I mean lots of it. It was the same for me when I started trading forex. I thought I finally found a convenient way out of poverty. It is good to dream and dream big but dreams are always dreams. Some come true and very many do not.

When I started trading in 2011, I was damn broke as hell. After a few lessons on trading and demo account practice for a few weeks, I felt I was ripe enough to trade live. I invested 3000USD of my hard earned savings. I made my calculations and thought, I was on the verge of hitting it big. This feeling gave a very positive energy of life and I just found myself smiling all the time. (of course I will be rich soon). However, after just two weeks of live trading the scale fell off my eyes when my initial deposit of 3000 USD evaporated up to 90%.

But is it really possible for a traders (professional or amateur) to have only winning trades??This is the question on every beginners mind. I also erroneously thought one could have only all winning trades. This is practically impossible even in only one month of trading.

BUT HOW CAN ONE BE SUCCESSFUL IN TRADING??
The almighty 'PATIENCE' coupled with other technical and strategic issues such as;
- Keeping up to date with historical data
- Following the relevant economic news reports and
- sticking to a plan

But why do more traders loose than those that win more than they loose??
- Lack of sticking to a plan
- Trading as if one is purely gambling
- and the inherent evil of 'GREED'. Same as not knowing when to stop. This is the ultimate killer.

...AND yes it is possible to make it big and become a millionaire just by trading. However this does not mean it will be an expressway to wealth. It will be process filled with some wins as well as some losses. There will be bumps along the way. The process will also take a whole lot of time.

As for me, after I blew out my initial deposit of 3000USD, I just did not have the confidence to trade anymore. I was beaten down by that sole experience that I vowed never to trade again. My immediate reaction was that it is practically impossible to make money trading. I gave up, though only for a few months.

RISK APPETITE BALANCE FOR TRADE SUCCESS AND METAL/HEALTH STABILITY: Finally, the issue of risk is relative to every individual depending on ones capability to psychologically and mentally maintain a stable health balance. Issues like:
- High blood pressure,
- restlessness and headache are a very common by-products of trade losses, especially for beginners. This does not mean the advanced traders do not encounter high blood pressure or other health issues. The mere thought of loss can trigger health issues for anyone. The only thing is that the more advanced and professional one gets as a trader, the more the risk appetite grows and the more one develops natural resistance to depression/health issues resulting from loosing trades.

Finally, I am still loosing trades up till today even though I qualify one as not being a complete amateur due to my at least 4 years of trading.

Thank you Guys....
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