DislikedAgain, thanx for the insight mrgreen, very appreciated. It might be just what i needed.Ignored
- | Joined Oct 2009 | Status: Member | 36 Posts
Have a nice day!
I hope everything is going well for you!
Lost in the Tunnel... 591 replies
Has anybody ever lost a scalp... 12 replies
Lost trade history? 3 replies
Most big banks lost in FX 2005, what abt u??? 8 replies
uncommon? 51 trades I never lost 26 replies
DislikedAgain, thanx for the insight mrgreen, very appreciated. It might be just what i needed.Ignored
DislikedTrading is a path to self awareness,. If you really do not want to work on yourself and your issues then you are just donating to the other traders account.Ignored
DislikedIT seems like whenever im thinking what ive done wrong after all positions are closed, everything seems crystal clear.
However when theres money at stake, i cant think straight.
Is something wrong with me ?Ignored
Dislikedlet me clarify, 5 microlots at 10 pips SL, so $5 risked capital per position... rouhy %4,5 risk of my $150 capital that is left.
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DislikedHowever when theres money at stake, i cant think straight.
Is something wrong with me ?Ignored
DislikedIf you think it would help to bounce ideas off of our instructors as well, I can send over a free enrollment to the FX Powercourse.
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DislikedIm new in forex. I traded for 6 months using demos, with satisfying results, so i moved to a real micro account.
i opened a micro with fxcm depositing $400. I trade using 5 min candle sticks and a 24 EMA. I take with trend trades, when pa is near the ema, or countertrend trades when i see a double top/bottom. I open 10 lots with 10 pips SL and take what the market gives me (around 10-30 pips).
So today i lost $330. I know its not a big amount but considering my equity was at $480 after 3 weeks of hard work, it was a devastating blow to my psychology.
I...Ignored
DislikedSame story as 95% of people.
I hope the money you lost was not part of your current job income or money to pay your bills.
Everyone take care with Forex. And take care with guys that try to look like to do money.
95% of people who answered or that will answer to this THREAD, LOSE MONEY WITH FOREX...Ignored
DislikedI cannot believe that 95% lost their money and 5% made money on FX, nor can I believe that there is out there a 5% who never lost money on FX.
I am assuming that 95% is the portion of those who gave up, did not discipline themselves accordingly, etc... etc...
So a new week starts, lets see how this one goes...Ignored
DislikedExperience, Persistance, and Will. I made 17% return on my first month only to lose 8% or so the next month. Don't get discouraged, you get better and better day by day and you'll feel it too! I believe the key is not to wipe out your account or take such heavy losses early on as you'll get discouraged and give up, before you make money consistantly.Ignored