Disliked...and I'm not quite ready for the torrents of abuse that will come my way .Ignored
...and I would think your contributions to date have earned you any Soapbox you care to stand on...
Let it rip...
FUBAR...
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Disliked...and I'm not quite ready for the torrents of abuse that will come my way .Ignored
DislikedI'm quite sure there are any number of folks here who "have your back" whether there's total agreement on indi's or not... what kind of world would that be anyway?
...and I would think your contributions to date have earned you any Soapbox you care to stand on...
Let it rip...Ignored
DislikedI think the problem I've had is that the thread is for real newbies and I haven't quite worked out how to guide them on 'nekked trading' without the feel for the market that one gets after a while.
I'm trying to get my mind back to where it was 2-3 years ago and I suspect I would have ignored me at that time. I was looking for some magic combo of indies that worked in real time then.Ignored
DislikedI think it won't matter too much how you present the material, if somebody is not at the right place in their journey then they are not going to listen. Just put it out there and those who are ready will benefit, those who are not will get there someday and then be able to benefit.Ignored
DislikedI think it won't matter too much how you present the material, if somebody is not at the right place in their journey then they are not going to listen. Just put it out there and those who are ready will benefit, those who are not will get there someday and then be able to benefit.Ignored
DislikedHow many times per year do you guys feel like giving up? I'm feeling it pretty strong right now, after several months of great performance followed by three months of just terrible performance.
A short time ago I felt great about trading, what I wanted was crystal clear and how to get it made sense.
Now I feel like I'm completely lost all over again, as if the last year of 60+ hour a week studying and trading was nothing but a dream that produced no skills or experience in the marketplace. Like a noob, all over again.
The scary thing is I...Ignored
Disliked....most who stick it out turn the corner and become successful......Ignored
DislikedThe stats say different. 50% of start-ups fail within the first 12 months, and a staggering 90% within the first 5 years!
Allegedly 95% of retail forex traders fail, some within the first few weeks.
Apparently the average lifespan of a new forex trading account is ~6 months.
"get on with the job" doesn't really cut it as sound business planning advice in my opinion, the sad fact is most will fail.
People walk into this business off the street with a few hundred bucks and without the first idea of how they intend to beat the...Ignored
Disliked
People fail when they give up, plain and simple. The statistics mean nothing if your determined to not be a statistic, to not be average.Ignored
DislikedI just wanted to point out, that in my first post I simply asked the question of how many of you get to the point of giving up in a year. I never said I planned on giving up, in fact I said the scary part was I knew I would never give up, no matter how painful it became, and I was just wondering if there were others out there that had felt the same in the past.
People fail because they give up, plain and simple. The high fail rate in this game is because people are always looking for easy money, to get something for nothing (as can be seen with...Ignored
DislikedClockwork, you hit it right on it's head! In a lot of cases, Less Is More! That statement is not only targeted towards simplifying your strategy, but stepping away from the trading screen from time to time. Also, trading less pairs, would be appropriate in our case.
Simplifying you strategy could include less indicators and more price action. Less "predicting" the market and more, "trading what you see" instead. Less guessing and more knowing at which way the market is heading. Less complicated and more simple!
Another, less...Ignored
DislikedAre you saying as long as you never give up you're not defeated??? Soldier on regardless, that's one heck of a philosophy!
As a novice trader, what would it take for you to admit defeat? A few losses? A few months of losses? Bankruptcy? Destitution? At what point would you draw the line and say enough is enough?Ignored
Dislikedoh come on, it's abt how much u want to succeed. how much do u want? how much effort n time u want to put in this?Ignored
DislikedWell lots of people put in the time and effort but they still don't succeed, no matter how much they want to.
Where would you draw the line and admit defeat?Ignored