You like the idea of trading because it is a way to make money without having to work hard. That is why many people are attracted to trading.
The reality is different.
Fact #1: It is likely you won't get rich quick if you trade. But you can make regular profits over the long term.
Fact #2 Profits from trading don't go up in a straight line. You could incur some losses before you finally become profitable.
Fact #3 if you cut your losses early it will be easier to recover when you get it right.
Fact #4 Forecasting the markets is not an exact science. If the odds are in favour of a move we cannot guarantee the move will happen.
Fact #5 The markets follow an Elliott wave cycle which is its natural path. The news can distort the pattern.
Fact #6 The news is your biggest enemy. Without news we would win all the time. Adverse news or anticipation of a major event like next week US presidential election can distort the Elliott wave pattern, can change the forecast. As a result it is recommended to reduce your risk or not to trade ahead of major events / announcements..
Fact #7 You must accept all of the above statements. If you do, you understand trading, and if you understand trading, with the right guidance you are likely to succeed.
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