The emotional attachment to the outcome of my trades, the ego at stake from losing and the pressure to justify the investment in my education to this point was unbearable. It affected my mood towards others around me and my confidence in myself. The extreme, euphoric highs of winning on the odd occasion and the crippling lows of losing took their toll. Yes, I was one moody asshole…but looking back, people were very nice about it! Was it easy forex trading? It was anything but. I was told that anyone could do it and you would be an idiot not to sign up to the training programme.

So I did. In fact, I was well and truly sold. But I was also very enthusiastic and greedy. Looking back, it should have triggered alarm bells. Instead, it lead me to trade as if there was no tomorrow. Over-trading was a daily routine. Trade after trade after trade was placed. I was like a bull in a china shop.

Never mind about an account dying slowing from a thousand paper cuts — I was smashing my account up with an axe!

I placed trades out of boredom, anger and revenge with losses followed by more losses…and just for good measure, the third and final hit for the session. I saw the market as an untameable cash-grapping, psychopathic, drifter with no rhyme or reason. Far from it. It took my cake before I could even think about eating it. My then-girlfriend thought I had lost interest in her and everything else.

She was partly right. After all, she saw me spending more of my time watching the moving bars on the chart with both fingers and toes crossed hoping the market would go the other way. Why should it? That was it! What was just intended as a throwaway comment actually sowed the seeds for a quick and dramatic turnaround to profitable easy forex trading.

In fact, it completely reversed my fortunes by transforming what was a gut wrenching, time consuming, loss making addiction into a carefree and relaxing hobby. Why was I trading? To make money… Did I really enjoy it? Hell, no!! It was dry and the process was stressful! Does this sound familar too you?

I was in deep and giving up would mean quitting! I still held the belief that if mastered properly, I could still profit nicely from it. I knew that it was likely that I would have to endure a few more losses before mastery so, for that reason alone, I thought it made sense to move to the high timeframe where they would be lower in frequency. Having tweaked my Forex strategies , I then moved over to trade the daily and weekly timeframes I was able to quickly discover the many benefits to set-and-forget trading.

Unlike before, I was able to set my orders up with my broker and simply forget about them. I also enjoyed the high reward to reward to risk opportunities that would present themselves and the big swings in the market I could profit from. The best part though was simply trading these timeframes meant a trading style with low maintenance but with the benefit of high reward.

For someone who wanted to make money from trading but without intellectualising about the market, this forex trading style was a win-win. Thanks to end-of-day trading, a style of easy forex trading emerged which took me no longer than ten minutes a day. From trading in this easy forex trading style I was quickly able to become consistently profitable. A nice problem to have, huh? What was once a stressful time spent intra-daying trading was exchanged for time in the gym, sauna, travelling, and pursuing hobbies like tennis, salsa and martial arts.

I can easily slot easy forex trading into my lifestyle and take it travelling around the world. Providing I have an internet connection I can trade anywhere in the world — even the most far-flung, exotic island locations…and so can you. keep smashing it and hope you have a great year. Last year was a good year Everyday we see improvement in trading. Glad I invested right! I have made more than I expected.

Its let's make more money. I think you meant well with this video but it is a little unstructured and that is severely diluting your message. I gave you a comment instead of a thumbs down. It's very painful loosing money via trading. I know the psychological effect, most especially for beginners. This is the main Newcomers must be encouraged to have some professional guidance from the experts trader before trading live.

Never give up. As the economy returns and is aided by Federal stimulus money, it could significantly aid US stock market growth.

By Rob on October 14, Day trading destroyed my life. I have also taught thousands of people around the world how to become profitable traders.

Then, to your horror you then realise that you could have made more money from just turning up to work one hour of your day job? I was no exception to the rule. I found it impossible to make a profit trading. I was thought that the market would be a walkover. Instead, it turned out to be my number one enemy and you can be sure of one thing…it was that I made every schoolboy error in the book a dozen times over. I remember it clearly: getting up at 6am for the European open to trade my so-called intra-day strategy only to find that I was to lose more money than I would make from my day job which I would go to after.

Imagine going to work knowing that your entire day spent working the day job would be spent making back the intra-day losses made in the morning. In my case, I sustained multiple losses before the majority of people have even risen from bed. Yes, that sucked! The emotional attachment to the outcome of my trades, the ego at stake from losing and the pressure to justify the investment in my education to this point was unbearable.

It affected my mood towards others around me and my confidence in myself. The extreme, euphoric highs of winning on the odd occasion and the crippling lows of losing took their toll. Yes, I was one moody asshole…but looking back, people were very nice about it! Was it easy forex trading? It was anything but. I was told that anyone could do it and you would be an idiot not to sign up to the training programme.

So I did. In fact, I was well and truly sold. But I was also very enthusiastic and greedy. Looking back, it should have triggered alarm bells. Instead, it lead me to trade as if there was no tomorrow. Over-trading was a daily routine. Trade after trade after trade was placed. I was like a bull in a china shop. Never mind about an account dying slowing from a thousand paper cuts — I was smashing my account up with an axe!

I placed trades out of boredom, anger and revenge with losses followed by more losses…and just for good measure, the third and final hit for the session. I saw the market as an untameable cash-grapping, psychopathic, drifter with no rhyme or reason. Far from it. It took my cake before I could even think about eating it. My then-girlfriend thought I had lost interest in her and everything else. She was partly right. After all, she saw me spending more of my time watching the moving bars on the chart with both fingers and toes crossed hoping the market would go the other way.

Why should it? That was it! What was just intended as a throwaway comment actually sowed the seeds for a quick and dramatic turnaround to profitable easy forex trading. In fact, it completely reversed my fortunes by transforming what was a gut wrenching, time consuming, loss making addiction into a carefree and relaxing hobby. Why was I trading?

To make money… Did I really enjoy it? Hell, no!! It was dry and the process was stressful! Does this sound familar too you? I was in deep and giving up would mean quitting! I still held the belief that if mastered properly, I could still profit nicely from it.

I knew that it was likely that I would have to endure a few more losses before mastery so, for that reason alone, I thought it made sense to move to the high timeframe where they would be lower in frequency.

Having tweaked my Forex strategies , I then moved over to trade the daily and weekly timeframes I was able to quickly discover the many benefits to set-and-forget trading. Unlike before, I was able to set my orders up with my broker and simply forget about them.

I also enjoyed the high reward to reward to risk opportunities that would present themselves and the big swings in the market I could profit from.

The best part though was simply trading these timeframes meant a trading style with low maintenance but with the benefit of high reward. For someone who wanted to make money from trading but without intellectualising about the market, this forex trading style was a win-win. Thanks to end-of-day trading, a style of easy forex trading emerged which took me no longer than ten minutes a day.

From trading in this easy forex trading style I was quickly able to become consistently profitable. A nice problem to have, huh? What was once a stressful time spent intra-daying trading was exchanged for time in the gym, sauna, travelling, and pursuing hobbies like tennis, salsa and martial arts. I can easily slot easy forex trading into my lifestyle and take it travelling around the world.

Providing I have an internet connection I can trade anywhere in the world — even the most far-flung, exotic island locations…and so can you. My experience in going from an unprofitable, burnet out rookie into a profitable Lazy Trader who trades from no more than ten minutes a day was one heck of a ride. It actually imprinted on me so much that I have since been committed to helping others succeed in trading financial markets. A lot of people go through what I went through and simply give up.

There is absolutely no reason why you have to tread the same pathway as I did, lose a lot of money and sanity in the process…. Apart from trading profitably for a number of years, I have also spent a great deal of my time mentoring private investors gain consistency in their own trading.

Perhaps you have gone through — or are currently going through — a similar struggle to what I did all those years ago. FEATURED ON About author. The Lazy Trader is a publishing brand dedicated putting the fun back into finance, presenting powerful wealth creation strategies for a better world.

You must be logged in to post a comment. Learn to Trade. Day Trading Ruined My Life — Does Easy Forex Trading Exist? The following two tabs change content below. Bio Latest Posts. Latest posts by Rob see all. You May Also Like How Attractive are Forex Day Trading Strategies? Fast money and making a quick buck is everyone's dream and makes Forex day trading strategies attractive.

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traditional trading. Interestingly, Chris is also a Buddhist, and Eastern philosophy is something that has fascinated him for many years now. Chris has had something of… Why Free Trading Is Nearly Free Robinhood has grabbed novice investors with their offer of free trading.

Unfortunately nothing is truly free in life, but it can be cheaper! Indeed, free trading made a foreign portfolio investment possible. Historically buying foreign listed shares was prohibitively expensive. Leave a Reply Cancel reply You must be logged in to post a comment. Related Articles.

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How Attractive are Forex Day Trading Strategies? For someone who wanted to make money from trading but without intellectualising about the market, this forex trading style was a win-win. George Okechukwu. Chris has had something of… Why Free Trading Is Nearly Free Robinhood has grabbed novice investors with their offer of free trading. Sadly many unscrupulous brokers will push that line to get you… The Pros and Cons of Social Trading Vs Traditional Trading In this article, we explore the pros and cons of social trading vs. Can you stay on the trade for days or all the trades need to be closed before the end of the day. Jan 18,

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