Excited by a loss...call me crazy

Yep. Excited by a demo account loss.

It's either because I'm completely nuts or is it that I know I lost for getting in too late.

Well, it's a little of both. I have been studying this for years before even signing up to this forum and I feel like I made a great discovery. And what's been said around here is so true. Trade with the trend.

Could this be my ah-ha moment? Let's see. I will update this thread if my findings are correct

I've had many students throughout the last couple of years. When they finally go live, I am always hoping their first trade will be a loss. As a student, you never learn as much from a gain as a loss. Winning too early can make you overconfident and want to risk more.

I know this was a demo, but yes, it is good to be excited by a loss. It can be a great opportunity.

knowing your mistakes is a good thing

Actually, what I discovered is so simple that it will seem laughable to many of the seasoned traders here.

But what the hey, we've all been newcomers at one point or another right?

I was trying out a Parabolic SAR going short on EUR/USD using a daily chart.

My mistake is that I got in on the trade a day too late.

Common mistake for many I'm certain. But this time, something clicked in my head. Some kind of revelation.

Like I said, my discovery is really simple. Experienced traders often say "Trade with the trend"...I would add to that "trade with the trend from the beginning".

But how to spot the start of a trend? Well, it took me much longer than I care to admit to but I think I'm finally starting to figure it out.

If I can help one person to learn something despite my lack of experience in real trading, it's one thing...Trade with the trend and...practice makes perfect

I totally agree with this. I will never forget my first month of trading years ago. I made a lot of money. Since the beginning trading seemed very easy to me, and the more I won the more I increased my exposure on every new trade. I ended the month with big winnings. Myself and my wife were so happy, we believed to have discovered the real holy grail: very little work, giants boats of money.

Well, after that month followed two years of pure nightmare, I was never able anymore to make any money with trading. Day after day, week after week, month after month my losses increased more and more until I blew out two VERY HUGE accounts. I never stopped trading exactly because of that first month of success, I knew it could be done, and I wanted to do it again, and I wanted it very hard. Now I know that if I had ended my first month with a loss I would never blow out those accounts, and would never go on losing money without first studying and practicing the markets on demo and/or on past charts or getting a mentor (as I eventually did).

When you are a newbie starting with losses is the best luck you can have. Starting with winnings, and worse if big winnings, will later become one of the most horrible nightmare of your life. It has the potential to drive you crazy. I almost got there.