Hi Merryweather,

Glad to hear that you like Forex and have decided to get educated! You are very welcome and I’m glad that the information I post has helped you.

Best of luck and let me know if there is anything I can do to help in the future.

Cheers,
Hugh

This is a great website. You are sharing valuable information, one I wished I had known last year. I understand that it is a lot of work doing what you do now. Really appreciate it.

I still in a practice mode and don’t really make a living from trading yet but at least I stop losing money (because I shift my focus to learning). I believe that is a big improvements for me.

I already subscribe to your blog and hope to learn a lot more from you ^_^ and many heroes out there.

Best regards,
Merryweather

MacBook Pro, Early 2011. I bumped up the memory to 8GB and that has been working great.

Hi Andy,

I appreciate you following the blog and I’m glad to hear that you decided to get started in backtesting. If there is anything I can do to help, feel free to let me know.

Let’s make 2013 the best year yet!!

Cheers,
Hugh

I really like the redesign to the site! I stumbled across TH last year and look forward to the next post and interview. Speaking of the interviews, great job! I know that’s not easy and your style and the tone of the interviews, especially dealing with a topic that can be dry and complicated, is perfect.

I have been inteterested in Forex (and world economies in general) for years and while I don’t trade I enjoy reading about those that do. I’m a finance nerd at heart (I work in technology) and have decided this is the year I take this hobby to the next level. So my goal for 2013 was to buy some back testing software and just back test for a year some simple price action setups. To see what I can learn. I wasn’t even sure where to start and then I started getting your emails. Talk about great timing! I’ve only gone through the first 3 lessons but I already like what I’m reading. Thanks for the site, the email lessons and the interviews. The best to you in 2013!

Hi Dong,

Happy New Year! I appreciate the kind words and I’m looking forward to doing new interviews.

Cheers,
Hugh

Happy new year to you and your loved ones! Glad to have you back on the blog, which means the next podcast is not far away, haha. I really enjoyed your posts and podcasts.

Thanks for sharing the method. Looks like it is very clearly structured and straight forward. However, I believe , just like you, that this method is the most important step in order to achieve the great success not only in trading but also in other things too.

Awesome work, man! Can’t wait for the next great interviews! GO TRADING HEROES!

Hi,

Happy New Year to you too!

Well, it is impossible to say how much you could earn exactly. It is not like a regular job where you can equate the number of hours you work to how much money you make.

You will need to find a method that works with your personality. The more you risk, the more you can potentially make, but the more you can lose also. So if you are very risk adverse, you might make less or need a bigger account. If you are willing to risk more, you might make more.

I know that this isn’t a solid answer, but like any business, there are ups and downs. It comes down to what you can prove you can do…no guarantees.

Hugh

After reading this post, and because I don’t trade, I would like to know how much could a trader earn, if he could have, say, 10 hours a day to consistently (after learning and developing his method) track the market and do his this.
You mention 3% of the account, but is this number realistic, or is it underestimated?

Thanks for your reply, and for your great work @ tradingheroes!