About Meteor Trading
Welcome to Meteor Trading! My name is Dan and yes I am a real person and trust me, this is not AI-generated content. I am really glad tha...
The program that finally made me profitable
Backtesting, risk management & journaling essentials
Free insights from my own journey, updated every Saturday
No hidden losing trades and 100% win rates, just true figures
No hype, no shortcuts, just what actually works
A clear roadmap for beginners to cut through the overwhelm and focus on what matters first.
Yes! There are many approaches for how an individual trades depending on their circumstances. It will take you longer than others who have more time to invest in learning but it’s not impossible.
Potential returns from trading are a factor of just 2 things:
1) Your individual skill set
2) Your trading account balance
The output of that equation is practically unlimited.
This is down to you, there isn’t a set time-frame or 10,000 hours invested and you will achieve profitability, it’s about embracing the work, learning from your mistakes, and keep moving forward. Then, one day, it will click, but without action and reflection, you’ll be stuck in a loop of drawdown.
No. It’s best to invest money you have into education and tools. However, that can get quite costly but this is one of the main reasons I created Meteor Trading, everything you need is here so you can easily total up how much everything will cost you.
Absolutely not. Any maths you do (such as calculating your position size in order to risk 1% per trade) can be done by Magic Keys on your trading platform.
Yes, but it’s much harder. A structured course or mentor (such as the one I recommend) can save time and prevent costly mistakes, that’s why I created Meteor Trading.
Any market. However, I would recommend the most commonly traded forex markets such as EURUSD or GBPUSD due to their low spreads and high volume.
This is down to your time limits. My ethos is that even if you put in 0.01% you are still making progress. The key is steady practice with quality, not random bursts of quantity with the risk of burnout.
Without an edge, yes. Once you develop an edge, however, trading becomes more like running a casino than playing in one. A casino isn’t worried about one lucky spin of the roulette wheel because it knows the odds are stacked in its favour over time.
Through the course I recommend, you’ll learn how to build that edge. When you combine this with the law of large numbers, risk management, and consistent execution of your trading plan, short-term wins and losses don’t matter. Over the long run, the probabilities work in your favour.
In other words, you stop being the gambler and become the casino.
The obvious answer is a computer, good internet connection, and a trading platform. The next step beyond that can be found in the Tools page.