There are people who really did make a lot of money trading forex, CFDs, or other derivatives. The story people repeat is the winning streak. The story that matters is the part after, when the account is gone and the person can explain every trade except the decision to keep going.

A win is not a personalityLink to this heading

A good run feels like evidence. The market agreed with you, so the next size should be larger, and the next "obvious" setup should be taken. That feeling is the danger. A result is not a character trait. It does not mean the next click is owed to you.

Ambition wants the account to grow. Greed wants the feeling of the last win, immediately, at a size that makes the feeling bigger. They use the same screen. The difference is whether you can stand up.

What discipline looks like hereLink to this heading

Discipline in this kind of trading is boring on purpose. A size you decided yesterday. A loss that ends the day. Money for rent that is not in the account. None of that is a strategy for beating anyone. It is a way to stay a person who still has a life if the strategy is wrong.

I have traded. I know how convincing a green number is. Beating the market for a while is possible. Beating the part of you that wants to turn one good month into a different life, tonight, is the trade most people never put on.