FM... Listen to the advise you are given! Stop trading... well more like gambling to me.
Let me ask you a question... there is a fire in front of you... you put your finger in and you got burnt... why are you now putting your hand in, if you already got you fingers burnt?
Day trading is tough... get rich quick, won't work! If you can make 3% a month with compounding, then you are doing better than professional traders (as they say).
First make a plan (there are enough threads, info on FF)
1. this is the criteria to enter a trade.
2 .this will be my SL.
3. this will be my TP, trailing stop, etc.
First learn to trade on higher time trades, less frequent trades, more time to think and your trades than rushing into your trades.
Try 4HR or 1DAY
My advice to you... go away from trading for a week or two or longer... go do something you enjoy, look for a job... spend time with friends/family... whatever, refresh your mind... don't think about trading and making money from it, the market will be here when you come back.
I have missed loads out, but sorry... have to go...
Finally...
A doctor did not become a doctor overnight, I can go on... but if you really don't want your money, give it to me.
Good luck in quest.
Vip
Let me ask you a question... there is a fire in front of you... you put your finger in and you got burnt... why are you now putting your hand in, if you already got you fingers burnt?
Day trading is tough... get rich quick, won't work! If you can make 3% a month with compounding, then you are doing better than professional traders (as they say).
First make a plan (there are enough threads, info on FF)
1. this is the criteria to enter a trade.
2 .this will be my SL.
3. this will be my TP, trailing stop, etc.
First learn to trade on higher time trades, less frequent trades, more time to think and your trades than rushing into your trades.
Try 4HR or 1DAY
My advice to you... go away from trading for a week or two or longer... go do something you enjoy, look for a job... spend time with friends/family... whatever, refresh your mind... don't think about trading and making money from it, the market will be here when you come back.
I have missed loads out, but sorry... have to go...
Finally...
A doctor did not become a doctor overnight, I can go on... but if you really don't want your money, give it to me.
Good luck in quest.
Vip