Comments on: What Are Your Chances of Success as a Forex Trader?

By: Antoine Joseph

Antoine Joseph — Wed, 07 Sep 2022 19:03:53 +0000

Thank you greatly Nial for taking the time out of your busy schedule to pass on your gems with us. I read 3-4 articles per day and I didnt realize how much of my mental psychology I needed to get under control and finding your page has helped a lot. Thank you greatly.

By: hoang ha

hoang ha — Sun, 23 Jan 2022 12:54:52 +0000

Nial really thank you for the valuable article. I don’t know what to say other than thank you so much

By: AJAI THOMAS

AJAI THOMAS — Wed, 20 May 2020 15:47:26 +0000

This article is very important and valuable as usual as we hear from everywhere that 90% of traders are real losers and really it may take away our confidence especially when we are in a difficult trade loss situation. Relly your all articles are very helpful for traders especially to control the emotions and to do avoid the frequent mistakes all traders bound to do. Thank you for your advice and wish you the very best.

By: amao suraj

amao suraj — Wed, 16 Aug 2017 10:35:03 +0000

Hi Nial,I really believed ur detailed articles on Fx trading…you hardly hear the truth of the risk behind Fx trading from a trader.But it happens when you see a qualified traders…Thanks for the enlightenment.

By: Rahmat

Rahmat — Sun, 14 May 2017 04:09:32 +0000

Nial said to have this two keys, number 1; Understand risk reward and forex money management, and number 2; truly mastering a highly-effective trading strategy like price action.

By: Hettie

Hettie — Fri, 17 Feb 2017 21:51:14 +0000

Hi Nial, I have learned a lot, and can see why your strategy is working.

By: dai

dai — Wed, 18 Jan 2017 10:43:52 +0000

thank you so much for the best and the truth lesson
you are a sincere person
hardly to be met

blessing

By: Gaurav Pal

Gaurav Pal — Sat, 25 Jul 2015 18:37:40 +0000

It was nice to finally hear somebody shed a light on the so hyped up mysterious crazy myth of 95%. Really took a load off my chest. Until now I have been counting heads on how many have been successful in trading forex, now I think I should stop.
thanx nial

By: abiodun olutayo

abiodun olutayo — Wed, 04 Sep 2013 15:23:48 +0000

The nail fuller’s LAW said that all trader that want to succeed in forex trading MUST trade like sniper not like machine GUN.

By: vladimir petkovic

vladimir petkovic — Sat, 27 Apr 2013 12:08:08 +0000

The beginning of the article is so good and friedly. Thank you ..finally a relief!

By: Jerry

Jerry — Mon, 25 Feb 2013 09:30:04 +0000

Thank you Nial for sharing your valuable knowledge. It has taken me over 4 years to start making consistent profits. My advice to all is
* Be patient.
* only use spare cash you can afford to lose.
* listen carefully to Nial.

FX is simple but not easy.
Best of luck

By: Dan

Dan — Sat, 13 Oct 2012 13:44:59 +0000

another great article. this website is a goldmine and all for free! ive been trading (badly) for 18 months now, and Im finally starting to see the light with your words of wisdom. keep up the great work mate!

By: Joe

Joe — Mon, 06 Aug 2012 01:20:54 +0000

I love this article. It takes everything in consideration. The people comment do not think of newton’s law. It is all relative. So with that said, they all say that there is not one loser to one winner. They are comparing themselves to a government or bank. It is funny that some people buy the same amount as a bank it government would. They are buying millions and you the little guy are buying thousands or hundreds. It is all relative. Make a little like you said is like a bank making thousands which to them is the same as what you made from what they risked. I like how some people think that they are the high rollers. Just my thoughts but I think that your article is great as I have been through these changes and have been trading for 6 years.

By: Babu G. Ranganathan

Babu G. Ranganathan — Fri, 03 Aug 2012 20:06:19 +0000

This is an honest and fantastic article. I only read one third of the article so far and I am already impressed, especially with the analysis concerning beginner trader expectations and how the emotions from such unrealistic expectations can skewer one’s trading success. Excellent!!!

By: Tomson

Tomson — Sat, 07 Jul 2012 22:45:09 +0000

Thanks Nial,

An “old” article maybe, but still so truth.

Don’t be frigthend of the statistic saying that only 5% can make it here. I wonder how many accounts that are opened and closed due to margin call, but this is a part of learning process and count’s as failure.

Cheers
Tomson (Sweden)

By: Josef

Josef — Fri, 30 Mar 2012 11:36:52 +0000

This one is absolutely perfects. Articles like this should be read on and on and ona and on. Basic, basic, basic. Thank you very much Nial for you excellent work. When I get regularly profitalble I will let you know. Josef CZE :-)

By: lee

lee — Sat, 16 Jul 2011 18:58:45 +0000

I totally agree with you that the 95% statistic has no real data or premise behind it but i personally don’t think it is too far from the truth, most traders at some point get greedy or undisciplined and this often results in a wiped account, sometimes even after 2 – 3 years of successfully trading an individual will go through this stage and the fact is a very large portion of these people will quit all together whereas those that accept their mistake, learn from it and move on are those that often go onto being successful in the long term.

By: MARTIN

MARTIN — Tue, 28 Jun 2011 03:43:50 +0000

Thank Nial, you are so good at what you teach.

By: Tim

Tim — Thu, 19 May 2011 17:32:15 +0000

A very important article for anyone in pursuit of trading success. I have looked deeply into the question of why so many fail to really make it in this game, and this article really does provide most of the answers. The reality is, that most people do not approach trading as a business, they are not professional or organized enough in their approach, and do not set out to really learn the business of trading before they put their money on the line. People also come into trading with entirely the wrong mind set , and most likely because they are seeking a change of lifestyle from one they are not content with. This equates to a low self-esteem, which will then deepen as they begin to lose their money in the forex arena, and very soon , they are gone. This was exactly my situation, coming into trading from a job I hated. I bought a trading system and was very excited about earning money, lots of money, quickly, after all, all I had to do was follow the system to the tee, and I’d be almost guaranteed to make money. I grimace at the naivety of that now, but I was like just about every other new trader out there. Far from giving up however, i set about learning the game for myself, and I have spent virtually every spare moment i have had for the last three years learning how to trade forex successfully. It is now my only form of work, and I run it as I would run any business- i am organized, disciplined, and methodical, I was none of those before. I al;so firmly believe that I will become the best trader in the world, you may laugh or sneer, but I honestly do. the best bit of advice i could offer to anyone is to believe in your ability as I do, and never, ever, risk a penny of your money until you have doubled your demo account several times over, and then only risk it on a micro account. After that, the sky really is the limit.

By: andrew

andrew — Wed, 18 May 2011 01:39:40 +0000

thank”s mate. cheers andrew

By: Charles Soon

Charles Soon — Mon, 16 May 2011 14:41:33 +0000

As a newbie in forex trading, I aim to make consistent profits from my forex trading but have stumbled and fell many times along the way thus losing money instead of making money. After reading your article, I am aware of my mistakes and would definitely apply the idea of having a trade plan with proper risk reward ratio and also using price action to trade instead of all those lagging indicators. Very interesting article indeed! Thanks.

By: Jason Tay

Jason Tay — Mon, 16 May 2011 06:28:50 +0000

Hi Nial.
Good encouragement.
Thank you always.

By: Rocket

Rocket — Sun, 15 May 2011 22:53:40 +0000

Nial,

Another timely reminder of the basis for successful trading.

Many thanks for your continued education and support.

By: hertanto

hertanto — Sun, 15 May 2011 11:40:25 +0000

great encouragement Nial, I’m a complete newbies and I have blown my 3 live micro accounts, and I felt failed. I should have taken your course before I open live account, and now I have to save money if I want to get your course and trade live again. LOL.

By: rikus

rikus — Sat, 14 May 2011 13:59:29 +0000

Hi Nial,

The articles you emailed helped me tremendously. Thank u.

Rgds
Rikus

By: Geoff Perry

Geoff Perry — Fri, 13 May 2011 12:28:46 +0000

Thanks Nial its articles like this which make all the difference to novice traders like me. Thanks for sharing all your wisdom and guidance

By: Khairul Azan

Khairul Azan — Fri, 13 May 2011 07:14:30 +0000

Thanks Nial,

This is a good article..

My account start turn to profit as I practice this in my trade.

By: FrancesCO.

FrancesCO. — Fri, 13 May 2011 01:49:29 +0000

This is the first time I´ve heard such statement and gladly confirms my theory, making money is not that hard. I´ve joined your course today and Im really looking forward to learn from you my friend.

By: Lyndon

Lyndon — Fri, 13 May 2011 00:43:17 +0000

Thanks for confirming that the goal I have set is achievable.

By: Jose

Jose — Fri, 13 May 2011 00:43:11 +0000

Very good article, I can finally see risk to reward alot better now since I found you.Letting the market do the work and not biting your fingernails on each trade is a breath of fresh air.To all newbie like myself stay on it . “You can’t fail if you don’t try, if you don’t try you already failed”. listen to Nial. Thankyou

By: Richie

Richie — Fri, 13 May 2011 00:12:22 +0000

Nial,

Great article and your site and course is the best investment I have done. Can’t says thanks enough.

By: lookman ogboye

lookman ogboye — Fri, 13 May 2011 00:06:53 +0000

Great article from a Great Man, We thank God for your life.

By: Jo

Jo — Thu, 12 May 2011 23:40:08 +0000

Nial, Thanks for a great article that gives hope to many who may have been disillusioned into thinking they cannot make it.

By: Dean

Dean — Thu, 12 May 2011 23:06:59 +0000

Thanks, Nial. This ties up some loose ends from a handful of other articles and gives a big picture with some real clarity. Well done.

By: Michael

Michael — Thu, 12 May 2011 22:06:18 +0000

Hi Nial
been trading a small account for four months now,three months profitable. Feel like i am starting to turn that corner since i bought your course, thank you again for all your help.

By: James M

James M — Thu, 12 May 2011 21:54:59 +0000

Yes – another good article, as they say “Skill pays the bills” !!.

By: Kotijett

Kotijett — Thu, 12 May 2011 21:14:35 +0000

As I have learnt, when trading price action with a trading plan, my risk reward ratio equals profit. When I consistantly profit, my natural reaction is to increase my risk reward ratio. As a consequence my emotions end up driving the temptation to over trade because of my confidence. When I experience loss I rethink my strategy and remove my emotion and go back to my trading plan. Fortunately my threshold to except loss sends me an “alarm” telling me to stop, restructure and review my methods. As always your words of wisdom is confirmation of my own process. Thanks Nial.

By: Fang

Fang — Thu, 12 May 2011 20:24:01 +0000

Thank you Nial,
I have learnt so much from your lessons. Risk reward is so important in fx trading.
Thank you for putting so much energy to provide articles, videos, daily Commentry. This learntotadethemarket membership is great value for money.

By: Tauqeer Khan

Tauqeer Khan — Thu, 12 May 2011 18:56:51 +0000

Mathematically very strong statement and beliveablem

By: Wayne

Wayne — Thu, 12 May 2011 18:13:50 +0000

Nial,

You just keep the good stuff coming.

Thanks,

Wayne R.

By: patrick

patrick — Thu, 12 May 2011 16:37:43 +0000

You hit it right on the head in your article about 95% of traders don’t make money in forex trading as being a myth. It’s about time the truth came out. It’s not rocket science trading forex. K.I.S.S. Personally, I went back to trading after not trading for a couple of years and reeducated myself on the markets. I doubled my account in (2) weeks with what you taught me and I added some of my own analysis to my trades.

By: Flash

Flash — Thu, 12 May 2011 16:07:27 +0000

Well thought out and presented Nial. It sorts out the wheat from the chaff for many people.

By: Kyaw Htay

Kyaw Htay — Thu, 12 May 2011 14:59:58 +0000

Very good.Realistic.

By: Darrell J

Darrell J — Thu, 12 May 2011 13:59:12 +0000

Nial,
Your simple approach to trading is the only thing that I have found to be successful over an extended period of time. Thanks for guiding those that are willing to learn.

By: Ricardo

Ricardo — Thu, 12 May 2011 13:39:03 +0000

Hi Nial,

It’s amazing the value of your lessons.

Thanks again.
Regards,
Ricardo Pica

By: Galen

Galen — Thu, 12 May 2011 13:30:49 +0000

Hello Mr. Fuller

Thank you for a directional change in my thinking. It takes the sting out of forex for me. This coming June I will be two years in (fx) and realize that I am still on page one, first paragraph.

By: TRACY

TRACY — Thu, 12 May 2011 13:25:34 +0000

ANOTHER PLATINUM HIT, NIAL…

By: fasihfx

fasihfx — Thu, 12 May 2011 13:21:34 +0000

Thanks Nial,
A great article,a good real lesson. For some time, I am loosing money again and again with out any control,but I admit myself that my reaction to the market is like a gambler,no princple,no patience,rule or any plan.I will be successful in trading,but I have to change these bad habits and for ever.Either stick to the rules or forget the trading.That is the promise.Thanks Nial for openning my eyes so many times and this will be the last time.I really enjoyed this article,a very valuable lesson.thanks

By: Piotr Janiga

Piotr Janiga — Thu, 12 May 2011 13:16:03 +0000

Thank you for this article Nial,

I’ve been following nearly all your articles for good few mounts and found them very very helpful. I’ve started trading real money a week ago but just wiped out my account quickly and now I’m sitting and thinking what went wrong. I can see that I didn’t follow your advices and wanted to make money too quickly. The stuff you come up with this time is just shut in 10!!!

Thanks for that!!

Piotr

By: George

George — Thu, 12 May 2011 13:15:05 +0000

Hi Nial

So true,simply having a solid education in an effective trading strategy and truly mastering it greatly increases your chances of making money.

Thanks Nial.