I have been trading forex for some time. Previously I am a bank dealer trading on bank's capital. But afterward I start to trade on my own capital. I started out with $5000, once it reached $6500, but now ends up only $4000 something. Although it might sound little to some, I only trade 10K for every trade and put only 40pips S/L. That means that I lose for 25 consecutive times. When I come out with a method of trading which yields quite good results when doing backtesting, once I started to use it, it loses my money. I am very frustrated that I feel that it is impossible for me to win. When I still am a dealer, my trading record is much better. I don't know why I can't copy my performace in bank into live trading.
Do any great traders have similar experience? What should I do? Do I trade forex in business way?
Do any great traders have similar experience? What should I do? Do I trade forex in business way?