If you trade and struggle to make a profit, don't be too disappointed, there is a way out. I have known people who were losing but now they make money consistently. Firstly, you need clear direction and this is provided on the Better Trader Premium website.
Secondly, you need to bet the right amount, not too much, not too little. You need to be disciplined. If I say we go long at that level, it's that level and not higher or lower. Many people quit trading because they don't do exactly as they are told or because they bet too much. If you bet too much, a series of bad trades will wipe out your account.
Look, I make money on EUR/USD, I am up +341 pips since April however, most of the profits were made from April to August. Since August it's losing. Imagine if you started to follow my trades on EUR/USD in August and you bet too much, by now you would be wiped out.
To go far I recommend to bet £1 per £1000 in your account. So if you have £5000 to play with you bet £5, this is based on the trades from Better Trader Premium.
If you don't bet too much and you are disciplined and trade only the most profitable markets you will be fine. The most profitable market are FTSE 100 and options. In total we have made +1295 pts since April (+802 on FTSE 100, +493 on options). If you don't understand options please let me know and I will send you an explanation.
The stock market will probably trade in a tight range until the end of the year, this will provide us with plenty of opportunities to make money short term. There will be some false alerts, and some surprises. There are three important things; anticipation, reaction, adaptation. I can anticipate a move based on my understanding of the market, but I must react quickly if I am wrong in order to adapt to the new environment. These changes are necessary if one is going to achieve long term success in the chaos that lies ahead.
To receive regular analysis and trading signals on the FTSE 100, options, S&P 500, EUR/USD and Gold subscribe to Better Trader Premium