What it means to be a professional trader.....

Hi Everybody,

A lot of new amateur traders struggle with what it means to be a professional trader. They have the wrong impression that trading is easy and they will make big profits every day. This “myth” is banded around buy non trading Gurus and salesmen in an effort to sell system that don’t work. The hard reality is that trading is hard, not technically by psychologically. This is because most of the time you are just “treading water” controlling your losses or making small profits. It is only a small number of BIG profits that make the money over time. Please read this PDF:

http://www.mtpredictor.com/support/documents/How%20Profits%20and%20loses%20unfold%20in%20the%20real%20world.pdf

This is the same for the vast majority of successful approaches to the markets, and is on of the main reasons (I believe) that most amateur traders never make it to become a professional because they simply do not understand how profits and losses unfold in the “real-world.

I hope this “reality check” helps you all understands what it means to become a successful trader – forgetting the “myths” that are banded around on the Internet and accept the reality of how trading “really is”

Thanks, Steve

PS, having said that, the Advanced Traders among you will always be able to find more trades using some of the more Advanced techniques in the software, please see the Advanced Blog