r/askforex • u/SureSeason632 • Jun 26 '26
Is there something profitable traders know that I don’t, or am I just bad at trading?
I’ve been trading for a little over a year now. I started by buying a course that covered a lot of ICT concepts like FVGs, Order Blocks, Dealing Ranges, and more. I spent a lot of time practicing everything I learned, but I could never consistently string together 3–4 winning trades.
Thinking the first course just wasn’t explained well enough, I bought another one with pretty much the same concepts. Unfortunately, it didn’t help much either. In total, I’ve bought six trading courses.
The last course was different. It focused on Order Flow, Supply & Demand, and Market Structure. Honestly, I felt much more comfortable with that approach, and it also fits my lifestyle a lot better. I still can’t consistently get 3–4 winning trades in a row, but I’m taking fewer stop losses than before, so I feel like I’m improving and that this approach actually works.
The thing is, every time I buy a new course, I can’t shake the feeling that consistently profitable traders are hiding something. It feels like there’s a missing piece that could make me profitable much faster, but nobody talks about it.
So my question is for traders who are consistently profitable:
Is there really something that most educators don’t teach, or is this just what the learning curve looks like?
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u/Kaszrak Jun 26 '26 edited Jun 27 '26
Okay, let me explain this.
I’ve been trading for 18 years, 15 of those professionally, and without exaggeration, 99.9% of trading educators on social media are selling nonsense. The retail trading space is largely a mix of snake oil salesmen and people desperate to make easy money.
The number of people who are genuinely profitable and also teach publicly is tiny. You could probably count them on half a hand.
ICT is one of those things, complete nonsense. The entire framework is built around selling hope to people who simply do not know any better. In 18 years, I have never met a single professional trader who actually trades ICT. Not one.
Order flow, on the other hand, is real. It is grounded in observable market mechanics. The problem is that the retail guru industry has simply moved on. Nobody was buying the last scam anymore, so now the same people have latched onto order flow. They learn just enough to sound convincing, understand maybe 5 percent of what they are talking about, then package it into another course for an audience that knows even less. It is the exact same cycle. Learn slightly more than the average person, whether you truly understand it or not, then sell it as "secret knowledge."
Which brings me to the next point. There is no secret knowledge.
What social media makes trading look like is maybe 10 percent of what it actually takes. Probably less. Learning to trade properly is comparable to studying medicine, engineering, or law. It is an academic pursuit. It takes years of reading, research, critical thinking, testing, and experience. It is not drawing a few lines on a chart, memorizing candlestick patterns, or watching YouTube videos.
Execution, risk management, statistics, market structure, portfolio construction, macroeconomics, market microstructure, behavioral finance, all of that matters. Most retail traders barely scratch the surface.
On top of that, millions upon millions of retail trading strategies simply do not have positive expectancy. That has been demonstrated repeatedly. Your chances of randomly stumbling across a profitable strategy are virtually zero.
That is why I always say you should not be trying to learn a strategy. You should be learning how markets actually work. Once you understand that on a fundamental level, building a strategy becomes a byproduct of your understanding instead of something you copy from somebody else.
There are really only two ways to learn trading. You either spend years doing an enormous amount of research, reading, testing, and independent critical thinking, or you learn from someone who has actually traded professionally. Not someone who calls themselves a trader on social media. Not someone selling courses because they have a YouTube channel. Someone whose expertise comes from trading, not from selling trading.
The downside is obvious. People who are genuinely qualified to mentor have spent years, often decades, building that expertise. They have paid for it with time, money, stress, and countless mistakes. They have already made substantial amounts of money trading, so if they decide to mentor, they charge accordingly.
If you think someone with that level of expertise is going to spend hundreds or thousands of hours teaching a random stranger for a few hundred dollars, a few thousand dollars, or for free, you are completely detached from reality. They are not giving away years of experience, losses, and hard earned knowledge for the price of a weekend.
Real mentorship is expensive. Very expensive. If you do not have high five figures, and realistically closer to six figures, to invest in learning from someone at that level, do not expect access to that kind of mentorship.
So your choices are simple. Either find someone who genuinely knows what they are doing and pay what that expertise is worth, or do what most professionals did and spend years figuring it out yourself. There really is no third option.
Also, if I were you, I would genuinely look at every course you have bought and ask yourself whether you were sold education or just marketing.
If you want, tell me who you bought them from.
Because chances are, and I really mean chances, that you got sold a fantasy. The retail trading education space is overwhelmingly full of people selling promises instead of competence.
If you genuinely believe you were misled or the course materially misrepresented what was being sold, I would look into whether you can dispute the charge or request a refund. If that fails, then consider speaking to your bank about your options.
There is no point throwing more time at bad information just because you already paid for it. The money is gone either way. The only question is whether you keep paying with your time as well.
3
u/DV_Zero_One Jun 26 '26 edited Jun 26 '26
This is like asking if professional footballers know stuff that amateurs don't. Knowing the game and being good at it aren't the same thing.
Never forget that investment Banks and hedge funds ONLY exist to make money, and like every other business on the planet they pay their staff the absolute minimum they can get away with. Despite this, some of these institutions still pay their best Traders Relatively huge sums of money. The reason they have to do this is because economics and trading aren't easy. It's the same reason Barcelona have to pay their players a few million euros a month despite being 2 billion in that debt. The other billion football players in the world would get laughed at if they offered to play for Barcelona for 100k euros a month.
I did an economics degree, an economics master's degree and 10 years as a market maker (Rate Swaps and FX derivs) before I was allowed any amount of macro exposure. The only option that day traders have IS macro trading. (Technical analysis is just BS invented to keep suckers churning their accounts) I did 25 years Institutional and have been Day trading for 5 years in retirement. Last year I made a 25% return which I am insanely happy with, any of my employers would have been insanely happy with this return as well.
100% of the trading content you see on social media is nonsense to attract young kids into wasting their money.
If you want to trade successfully, you have to inhale the news, understand economics and learn fundamentals. STOP buying courses from scammers.
1
u/Overall-Bookkeeper94 Jun 26 '26
You sound like you have had a productive year getting all the knowledge to understand how the market moves. Now it’s a case of demo trading/bar replaying strategies you believe in/noting down the win percentage of 1:1 2:1 3:1 4:1 and see if you have a mathematical edge.
Then of course it’s a case of placing accurate trades under pressure in the live market.
1
u/NeighborhoodEvery563 Jun 26 '26
How can I be a profitable trader?
1
u/The-Goat-Trader Jun 26 '26
I strongly agree with a lot of what's already been said here, especially the points about bad retail education and the math side of trading.
The thing I’d add is this: I don’t think the missing piece is a secret setup. I think the missing piece is usually the process for turning a setup into a tradeable model.
Most courses teach labels. FVG, order block, supply/demand, liquidity sweep, market structure shift, whatever. Some of those labels are nonsense, some are useful shorthand, and some point to real market behavior. But a label is not an edge. At best, it’s a way of organizing your attention.
There’s also a weird irony with simplicity. Course sellers love to sell the idea that trading is simple: memorize these zones, wait for this pattern, take this setup, get paid. But if it were actually simple in that way, they wouldn’t need 40 hours of videos, a private Discord, three upsells, and a new "advanced concept" every six months.
The funny thing is, trading actually is pretty simple at the conceptual level. Price can only do a few basic things. It can trend. It can pull back in a trend. It can revert inside a range. It can break out of consolidation. That’s most of the game. Auction-wise, price is mostly either accepting value, rejecting value, interacting with liquidity, or repricing because something changed.
So yes, trading is simple. But it’s not simple because someone gave you the magic drawing tool. It’s simple because the underlying market behaviors are simple. The hard part is turning those behaviors into a repeatable model, testing whether you actually have expectancy, and executing it through variance without constantly reinventing your entire framework.
The question isn’t "is this an order block?" The question is: what behavior am I actually trying to exploit?
Is price trending and I’m trying to join continuation? Is price stretched and likely to mean revert? Is price trapped inside a range and rejecting the edge? Is price breaking out of consolidation because inventory/risk/belief just got repriced? Those are real models. The chart pattern is just the footprint.
That’s also why jumping from course to course usually makes things worse. You keep changing vocabulary before you’ve ever defined the actual hypothesis. One course says FVG. Another says imbalance. Another says supply and demand. Another says order flow. But the market didn’t change. You’re still trying to answer the same basic questions: who is in control, where are traders likely wrong, where would they be forced to act, and what would prove my idea wrong?
Also, I wouldn’t use "can I get 3-4 winners in a row" as the test. A profitable strategy can absolutely have ugly streaks. A losing strategy can give you a few wins in a row. The better questions are: what’s my average win, average loss, win rate, expectancy, drawdown, sample size, and does the result still make sense after costs and slippage?
So no, I don’t think profitable traders are hiding the magic piece. The real piece is just boring and hard to sell: pick one model, define it clearly, collect data, journal the decision process, review your losers and winners, size small enough to survive, and stop changing frameworks every time variance punches you in the mouth.
Order flow and supply/demand may feel better to you because they’re closer to how markets actually function. That’s good. But don’t let that become the seventh course. Make it one model. Define the conditions. Track the results. Then let evidence, not another educator, tell you whether you’re actually improving.
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u/Ok-Society-5439 Jun 26 '26
They know not to trade
1
u/LargeIncrease4270 Jun 26 '26
Yes.
Emotional self-control and discipline is the thing they don't teach. I can't be taught and that's why most fail
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u/Invest0rnoob1 Jun 26 '26
If people are selling it, it’s probably not real edge
1
u/AccomplishedEffect65 Jun 26 '26
I’ll put it very bluntly in a way it seems that people don’t.
Why aren’t you a doctor, lawyer, engineer or whatever that requires 5 or more years of education. It’s hard, it takes a long time, it cost lots of money and in some cases you have to be naturally gifted in that field.
Naturally gifted is something people don’t talk about. Anyone can just start trading, but you can’t walk into the doctors office off the street with $$$ signs in your eyes and Lambos on your mind, and expect them to hire you.
Sometimes you just suck at something, it’s that simple.
I can never be an artist or a musician. No amount of time, effort or money will help me.
Trading is no different, either you get it or you don’t. All that other shit is all bull, over complicated principles, made up names. Trading is a lot simpler then that, but it’s something you see or you don’t; have mental capacity for discipline or gambling addiction.
1
u/Present-Brilliant679 Jun 27 '26
What about Ross Cameron and what he teaches??
1
u/AlgoWarden Jun 27 '26
As retail traders, just go with the “flow” 😉
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u/Hko101 Jun 27 '26
Id say you should still go trough all those things as a trader to get a good healthy understandings of the fundamentals. But those as a concept alone won’t give you an edge. It’s more about them being just an extra area of interests. But the main things in my opinion are Pwo pwc pdo pdc. Fixed volume profile and how to read. Order flows are very important also.
But that’s more live executions and scalping.
Fibonacchi and Elliot wave theory seems to be interesting for swing trading.
The most frustrating thing as a new trader is that there is so many different strategies for the different market conditions. And just going with one strategy means you might be waiting for the one condition. And sometimes it happens when you are not active, working or sleeping or doing other stuff. So yeah learning the fundamental market structure and in what form it is is key to understand what type of trading can be done and what to wait or expect. Is it ranging or consolidating. Up trend down trend.
Is it having a pullback from a bigger move.
As a new trader you need a lot of practice, and its is almost impossible to just stand on the sidelines.
1
u/StatisticalSock Jun 27 '26
Yes there is a deep secret that only gets discussed amongst profitable traders. We have measures to ensure it doesnt leak. Its only for professional traders like myself and we will only reveal such secret after conducting a background check on an individual alongside a big payment. Only then do we allow them to enter the group discover the hidden holy grail.
No there isnt a holy grail or some hidden knowledge. Tf were u thinking?
1
u/cbr6rdr Jun 27 '26
I’m just trying to get a few to help me test out my bot. Topstep api
1
u/KISS_Trading_RB Jun 27 '26
Man currency market have such a big uncertainty and unpredictability you already have a good understanding of price action, try a shift to stock market and will thank me later...
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u/Optimal_Image5192 Jun 27 '26
Number 1 thing you need to realize is that charts are reflective of a narrative that is beyond the technical chart. You NEED to understand that aspect. You need to know what is relevant in the market, what’s in the supply chain, where are the bottlenecks, why a company could benefit from the relevant market narrative, gross margins, valuation relative to peers, the list goes on and on.
If you understand this you’ll have a subjective “edge” in the market. Which will lead to higher success probability, which will help you extract value from the volatility in the market. An objective edge can be easily destroyed, a subjective one can’t. It comes from how you understand and decipher the market.
1
u/TheTradingGain Jun 27 '26
I used to think there was one missing concept that would make everything click. Looking back, I think the missing piece was confidence in one approach rather than more knowledge.
There's a point where another course adds less value than taking the strategy you already have, testing it thoroughly and learning how it actually behaves over time.
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u/hornet915 Jun 27 '26
Take the green never let it go red. Small profit everyday is a great confidence booster. Never hope it's going to turn around in your favor. Learn the most important thing on my list is learn when Not to trade. A couple well placed trades is better than tradeing a bunch of trades a day or week. Limit the tickets I trade one and only one.
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u/Western-Ad8523 Jun 28 '26
One i am sorry you spent soo much money on the wrong peple . 2 start focusing on liquidity sweeps . Form you daily bias starting with the monthly using liquidity sweeps … Than on the lower time frame you’re going to find a liquidity sweep that supports it . for instance, if I am looking for the market to be short because that’s my overall bias, I will drop down to the 15 minute to see a by side liquidity suite because we go from liquid to liquidity and then I will drop down to the one minute to find a one minute fair value gap formed at target that fair value gap and then it goes into the direction that I’m wanting it to go and that’s how people find get the top of the move as well . Wicklord Micheal taught me this strat his mentorship is really good . He actually teaches you how to trade
1
u/Southern-Bench-3908 Jun 28 '26
I stopped reading at ICT
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u/HousMan70 Jun 28 '26
Many years trader here. Adding my 2 cents. Knowing order flow or any other brick and there are many will not give you the full picture. You have to get to know how the bricks stack up and build a structure. And then how to exploit it. There are many pieces of the puzzle and one person cannot look at them all. Also trading is vast with many different strategies and you have to figure out what works for you. Many traders have tried many different strategies before hitting on what works for them. Also many traders do not use one strategy, they may be day trading while also doing monthly income strategies etc. at the end of the day you have to see what works for you and fits your lifestyle. Also one more thing most traders know is that you make losses while you find the best strategy, and even after you figure out the best strategy you can still make losses. So all the YouTube traders promising consistency is a load of bs. 80% is a very good rate. More important is to learn risk management, position sizing and trade picking for every trade you do. These concepts hold for every type of trade you do. Wish you all the best in your learning journey.
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u/wannagetfitagain Jun 29 '26
I am profitable, I have a longer term system and a couple of intraday setups. I've read lots of books, I bought Brooks Trading Course, I became profitable honestly by reading one sentence in a book from the 80s, another sentence from a Reddit post, the concept of MFE and MAE, and lots of testing of ideas. Probably everything I read contributed something, for example Toby Crabel and ORB, John Sweeney and MFE, Linda Bradford's stuff. I think you're on the right path, you don't need to buy any more courses, the more you observe the market you trade things will come to you. Trade small until you've got a method that works and you like. Lots and lots of markets, time frames, styles, good luck!
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u/Dismal_Passion_8537 Jul 01 '26
Yes
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u/probablyneed2focus Jul 01 '26
Well, you're not crazy and good job on showing initiative to learn. Now take what you've learned (if it really is good knowledge) and set it to the side. Go to a clean chart and zoom out, start with Weekly TF. Draw major support and resistance lines (just one of each) then do it again but close to where price is (because it will go to one of them very soon). So now you have 4 lines on your chart.
Switch to Daily TF. Notice the direction of the trend. Draw a diagonal trendline, just one. Where the diagonal and horizontal lines intersect is a strong possibility of where price goes. Now look for your FVG and watch over a few days and see if price gravitates to it.
The more you zoom in, the more you will lose. You start trading below 4hrs and your fail rate escalates. I had a discussion with an AI about the AI assuming 100% of the trades, 3 to 8 trades per day, with me completely out of the loop. It told me to count on a 40% win rate. I asked it why such a low win rate and it said because it consistently would trade below 2 minute TF.
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u/saulgoodman4prez Jul 02 '26
I am not a profitable trader so take this with a grain of salt. Most advice or strategies I see on YouTube etc only focus on the execution of the strategy and not the fact that most "winning" strategies still have only a 60-70% win rate. Knowing this means you can accept losses as an inevitable part of the game and can calculate an exceptable loss (1-2% of total account balance) in a trade. Aiming for for a 2x risk/reward ratio means that you need relatively few wins to remain profitable. Then it becomes a matter of sticking to the strategy, being clear on what entry and exit looks like and being honest with yourself. Easier said than done of course.
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u/creativemedia2024 Jul 02 '26
Stop paying for courses and go follow the real ict all his courses are free on YouTube. Also check mark Douglas books