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Should I quit trading forex?

  • #181
  • Mar 23, 2018 6:13am Mar 23, 2018 6:13am
Take responsibility for looking after your money.............and teach yourself to trade. ea will never make it for you. it is also going to take a long time and if you are trading with any sort of desperartion........get out now. it never works.
be prepared for minumum of four years learning your trade..........then ask the question
  • #182
  • Mar 23, 2018 6:24am Mar 23, 2018 6:24am
Of course you should quit.
I also use to trade Forex only until I understood profitability of CFD of stocks of Microsoft, Google, Facebook etc.

Forex pairs have no certain long term direction, so people panic while holding trades in floating loss.
The stocks mentioned above have always an uptrend in long term, so there is nothing to panic about if you have used proper margin/leverage.
I will be happy to share my strategy about margin/leverage.

Now I make 300-400% yearly without risk by trading these CFD of stocks.

I will be happy to demonstrate my strategy on Skype by voice call and screen sharing. My Skype name is keon.consultancy


Anand,
Fund Manager
Keon Consultancy
  • #183
  • Mar 23, 2018 6:45am Mar 23, 2018 6:45am
is this a commercial ad?
  • #184
  • Mar 23, 2018 6:52am Mar 23, 2018 6:52am
Quoting corpo30
I make 300-400% yearly without risk by trading these CFD of stocks
no such things exist. As soon as you enter a trade, you are at risk, whatever you may think or believe. Period.
  • #185
  • Mar 23, 2018 7:07am Mar 23, 2018 7:07am
Quoting corpo30
Of course you should quit. I also use to trade Forex only until I understood profitability of CFD of stocks of Microsoft, Google, Facebook etc. Forex pairs have no certain long term direction, so people panic while holding trades in floating loss. The stocks mentioned above have always an uptrend in long term, so there is nothing to panic about if you have used proper margin/leverage. I will be happy to share my strategy about margin/leverage. Now I make 300-400% yearly without risk by trading these CFD of stocks. I will be happy to demonstrate...
Again one. where are they breeding hole.

Commercial stamp to head, and also hoax, Admiiiiin ! do something.
  • #186
  • Apr 30, 2018 8:52am Apr 30, 2018 8:52am
Firstly, please don’t be impatient and we all have faced many problems during the initial phase of trading. And you also have to be very careful while you are going through any significant change in the market. Without any doubt I will suggest you that tray to work with smaller amount and do use various risk management modules like stop los,, trail stop or take profit. and spend sufficient time in demo before going with any EA platform to judge its effectiveness.
  • #187
  • May 6, 2018 9:41am May 6, 2018 9:41am
Quoting corpo30
Now I make 300-400% yearly without risk by trading these CFD of stocks.

Do you day trade cfd stocks or swing trade?

Quote
The stocks mentioned above have always an uptrend in long term, so there is nothing to panic about if you have used proper margin/leverage.

Well when you hold them overnight, they also can gap big any side, while market is closed. And you cant stop it, there is something to panic about.
  • #188
  • May 7, 2018 4:15am May 7, 2018 4:15am
from your story, you made 3 mistakes about this business :

1st : mindset
2nd : try to find holy grail
3rd : poor money management skills
  • #189
  • May 7, 2018 5:39am May 7, 2018 5:39am
Quoting corpo30
Of course you should quit. I also use to trade Forex only until I understood profitability of CFD of stocks of Microsoft, Google, Facebook etc. Forex pairs have no certain long term direction, so people panic while holding trades in floating loss. The stocks mentioned above have always an uptrend in long term, so there is nothing to panic about if you have used proper margin/leverage. I will be happy to share my strategy about margin/leverage. Now I make 300-400% yearly without risk by trading these CFD of stocks. I will be happy to demonstrate...
typical scammer and same time because of your words it is easy to see you are a total beginner.
"without risk" - learn the basics!

you do nothing more then looking in past, what shares running good (and you fake you had exact this shares then all the time - after time is gone anyone know what he had to buy , funny or), and hope for future it will be same, nothing more. your teaching and fund management is useless, any child can do same like you and better. and for this bullshit people should give you money? you make 400% each year and still need money for management and dont have enough money, funny stupid scammer.
  • #190
  • May 9, 2018 11:35am May 9, 2018 11:35am
Self understanding is the best understanding. The quicker we understand, the better it is. Trading requires specific knowledge, skills, psychology and discipline. May be you are best for something else. No matter what people say the truth is very few people can make it. That's why trading is one of the most difficult jobs in the world.
  • #191
  • May 9, 2018 11:46am May 9, 2018 11:46am
Quoting barloc
{image}
yes. Sir
"Our favorite holding period is forever." Warren Buffett
  • #192
  • May 9, 2018 2:53pm May 9, 2018 2:53pm
Quoting JonathanHob
Self understanding is the best understanding. The quicker we understand, the better it is. Trading requires specific knowledge, skills, psychology and discipline. May be you are best for something else. No matter what people say the truth is very few people can make it. That's why trading is one of the most difficult jobs in the world.
i always try to maintain discipline when trading but honestly speaking i fail to keep it particularly market moves at random. and of course trading is not easy than other tasks but within real money managing plan there is a chance to make trading easier.
  • #193
  • May 19, 2018 5:49am May 19, 2018 5:49am
Quoting AlexImam
{quote} i always try to maintain discipline when trading but honestly speaking i fail to keep it particularly market moves at random. and of course trading is not easy than other tasks but within real money managing plan there is a chance to make trading easier.
Yes it's all about how well you manage your risk. In the book the Disciplined Trader, the author says there many money manager who failed when they tried with their own money. So psychology plays a big role in trading. Stay in control is the biggest challenge for a trader.
  • #194
  • May 19, 2018 10:17am May 19, 2018 10:17am
In my opinion the most important thing to incorporate across your system is sound money management. Another thing to do is not risk too much in any one trade except for the times when you feel more comfortable with the market then you would increase your risk tolerance and watch those profits stack throught the week. Then come back on Monday to be more risk averse and attack the market accordingly.
  • #195
  • May 19, 2018 9:30pm May 19, 2018 9:30pm
Dont quit. Use stochastics and bolinger bands.

dont use fibs.
  • #196
  • May 20, 2018 1:50am May 20, 2018 1:50am
Quoting JayBlankfein
In my opinion the most important thing to incorporate across your system is sound money management. Another thing to do is not risk too much in any one trade except for the times when you feel more comfortable with the market then you would increase your risk tolerance and watch those profits stack throught the week. Then come back on Monday to be more risk averse and attack the market accordingly.
If you have not grasped how to trade and continually make crap trades then no matter what money management you use you will still lose, albeit slower.

Trading is like any other job, you are either good at it or you are not. Not everyone can paint a masterpiece - would you keep on trying knowing that every rubbish painting you did was costing you more and more money?

Some people just don't get it- and that's fine there are winners and losers in every aspect of life.

Give up and try something different. Whats the old saying... if you cant do, teach, if you can't teach, teach English.
  • #197
  • May 20, 2018 1:56am May 20, 2018 1:56am
You need to find one good profitable Forex trader, sit down with him / her and just ask some questions. You may find the answer there.
Also forget using Indicators in Forex trading, brokers like to fill their platforms full of these useless junk to fool new traders in believing they can win if a sqiggly line goes up or down. It's just their equity that goes down, along with a sell signal.
It normally takes traders around 4 years to work this one out for themselves if they survived that long.
Trading thin liquidity at the boundary of the charts
  • #198
  • May 20, 2018 2:03am May 20, 2018 2:03am
Quoting RickM
You need to find one good profitable Forex trader, sit down with him / her and just ask some questions. You may find the answer there. Also forget using Indicators in Forex trading, brokers like to fill their platforms full of these useless junk to fool new traders in believing they can win if a sqiggly line goes up or down. It's just their equity that goes down, along with a sell signal. It normally takes traders around 4 years to work this one out for themselves if they survived that long.
Why would a profitable forex trader sit down and give his/her advice?
Its taken years to become successful and why would I/they want to pass on my/their knowledge to someone who is looking for a shortcut?
There is nothing in it for me/them to do that.

Learn the hard way like the rest of us had to.

I do agree with you. Forget all the "all singing all dancing indicators" 95% of them are useless.
  • #199
  • May 20, 2018 2:27am May 20, 2018 2:27am
Quoting BubaYaga
{quote} You should definitely quit. You are wasting your time, your emotional energy, your money, your mind. You are wasting your life. You are letting forex become your master. You are just another statistic. These words I type you know deep down are true..
I dont get it. Why the hate for me?
for your information i use moving average and bollinger bands. I target the other bolinger band with stochastic pressure and discount. I make 20-30 pips nearly every day
  • #200
  • May 20, 2018 3:00am May 20, 2018 3:00am
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