fong zi cheng answered the question Profitable & consistent daytraders, how much did you lose before making it?

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fong zi cheng

I would say my journey of trading FX wasn't very tough. I started off young so therefore the capital wasnt too huge but I lost 80% of what I deposited. The reason of the loss was due to trading without proper risk management and greed. I started investing time into learning and got myself to who I am today.

Last updated: 11/14/2023 15:11

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Matthew Judith

I’ve seen $5k-$250k from the interviews and posts I’ve come across but the average seems to be in the $40-$70k range and 3-4 year mark is when it starts clicking.

So far I’ve lost about $7k maybe a little more but I am just in the beginning of my journey and I’m not process driven or organized enough yet. I have a long way to go regarding psychology and risk management

Last updated: 11/14/2023 19:19