8 Years Later - Still Not Winning

"whatever" !

BTW I wanted to say few things about trading.. it has been a great experience overall, except when I lost 5k euro in a couple days... well it was about 1/10 of my capital so financially it was "ok". I don't see it as a primary source of income, never have.
To me it's a good way to experiment with data and an amazing meditation tool (mostly). that's why I love it

8 years is a lot, I'm just starting everything, and a bit surprised.. May I shouldn't continue if there are no results, profits ..

My friend, it is a serious business than all other business. If you don't take it as a business u will lose. If you have much money that you can afford to lose, the casino is a better place than forex, lol

My friend everything depends on you. First, you have to learn to make money in Forex.
Best of luck.

show me that you're up (even 0.1%) after 5 months.

I was sarcastic.

serious business - yes. but way too risky to invest all my savings... "friend".
if you believe you can make money consistently, you're still living in the world of expectations.

in this business we are 100% at the mercy of the market. we can't expand it / promote it. add that the volatility in returns is huge. we don't own material things..... we don't even own a stock.
last but not laest, our money is in someone else's bank account.

put me on ignore and go tell someone else to risk all his money.

P.s. sorry for my English folks... I still make silly mistakes lol

I am beginner in Forex Trading. I have traded for about 4 weeks, but i have 1,5 years of stock trading experience. From 1000 USD, now i have 2900 USD after loosing 1800 USD in a single day. At the beginning, i traded with confidence. But from 1 week ago, i have loose my confidence because my money have not increased. Is it normal or not ?. I know i need to learn more, but still feel not happy. Sorry for bad english !

In my limited experience, I've learnt that:

- forex is a big game of psychology. The currency price is driven by what people believe it is worth . We are all trading on what people think and feel subjected to news and data reports;

- human psychology follows a pattern, hence we see trends and patterns in charts, resistance and support levels are valid;

- the biggest challenge in succeeding in trading is yourself. Too easy to leave early when you're winning (coz you are worried that the market will turn against you), and too easy to leave too late when losing (coz you are reluctant to give up and admit defeat, hoping the market will turn in your favour). When loss > win, you lose. It’s only a matter of how long you can hold on.

To increase the chance of winning, you need to:
- win more than lose. Obvious point, but it's a simple fact that is difficult to achieve. You need to limit your losses early as damage control and ride the winning waves as long as possible;

- detach your emotions to your winning/losing trades;

- act on the rules you set, and stick with it;

- reality check regularly. Stay humble at all times, over confidence and greed will cost you dearly;

- don't get addicted. You don't have to trade all the time. Do your analysis, if there's not enough supporting reasons to trade then don't trade. Trading without solid reasons is just the same as gambling.
The market is always here, look again another day, money is still there for you to make. Theres no rush;

- good analysis will give you a better chance of a good entry point. A good entry point in a trade is better than many bad trades. Efficiency is the difference between a good and a bad trade. Efficiency means direct profits vs time spent. A 50 pip day trade is a better trade than 200 pip trade that locked your money for a month;

- no matter how good you are, you will lose. Accept it, move on and treat a new trade with fresh mind without any burden from the past. Remember emotions affect trading;

- always review after each trade. Learn from yourself and aim to improve in the next trade;

Just my 2 cents.

Don't give up your day time job!

You are 100% correct

Hi to all, i am also newbie. What I have learned is this:
The ability of giving an answer/ to response is called Life. What can not respond is not alive (imagine a stone). So what can respond is alive. Ergo your life, and everything within, is your own response-ability you have been given to and you have to accept.
Acceptance is the first and only (needed) response. If you don't accept, you don't respond. You can make your own thing out of it and do something to the concerning matter totally inappropriate. Now you think you have given a response because you did something. But because you didn't accept you didn't respond appropriate to the current situation. So in fact you did no-thing to the current point.
If you don't respond, you're not alive, you pretend to be dead. Regardless how much you move or do, because of creating something that is not an appropriate response to the situation, the result is never a really living one. It will really fast disappear like everything meaningless in this universe disappears.
So accept what is given and accept what is gone, that is called life. This only one rule is needed to become alive: acceptance of everything that is within you. Within you because there is no other place for one in life as in own's self. Regardless where you are in space and time, there is only one space in which you are truly and yourself, that is within yourself.
So when you are a newbie in a metier (like me since 2 years now) and want to become alive in there, you have always two options. Acceptance or not. Accept that you are loosing and know why this is absolutely necessary for your personal and inner development. You want to shift yourself to a new dimension by your decision in trading Forex. But this is no Paternoster you step in without paying the price. And this price has many forms. In its core its a certain and always necessary amount of energy that you have to pay for reaching a new level in your life. What you are doing is creating a new dimension, that costs energy. And you have to prepare yourself for this new level, because when you are in this new level without having the needed behaviour (the appropriate response-ability), you will not stay there. That is what market does all the time. It looks for mis-behaviour and stops that out. So it kicks you out of the game because you show no responsibility, in this case respect to its rules.
So you will get the key to this new level of life when you accept what is. Accept that you loose and accept you are a loser. Your inner guide needs this acceptance to look for the right way. Why should he start something like looking for the right way/ the correct solutions if you have not ended your inner discussion with him? He's busy in talking with you instead of having the free-dom (= free head!) to lead you.
I had to and I have. Of course nobody wants to admit or be that. Well, exactly that should be your motivation! Sometimes you have to lose everything in your life to get all. Its all just energy-transformation. And money is nothing more than that. It's a form of energy. You can invest to shift yourself to a new level if you have it. But it also can be replaced by appropriate alternative tools like will and power, which are equivalent forms of energy. And in this last two years I always wondered how fast I found the appropriate solutions to the question I massively had without asking anyone, just by getting my hands in the dirt and do my homework.
It's always a good advise: the first thing that you have to learn is to use the brake. And in forex it is like in all other situations, you have to develop a feeling for that, otherwise it will cause accidents... So the first thing is to reach the level of "not-loosing-anymore"... Yep, still not winning in this case... That is called equilibrium. You are in, but it doesn't matter, you're not loosing but also not winning. So theoretically you could stay out off the playground. First you have to earn the right to stay (and show that you at least know the rules) and then you have to earn the right to play (that is when you are able to work with the rules).
accept what is given and accept what is gone.
Take responsibility for yourself and respect the market! It is alive, because it is able to respond on our all actions. And misbehaviour will eventually be stopped out. Let that be early. You have to stay economical with your energies. Otherwise you are breaking major rules!

how about you go fuck yourself, get banned to the commercial section

lol, i'm sick of being polite at these salesman assholes.especially these low post count ones.

Hi Sckt

Its a game that is controlled by the Big Players, nobody else has any bearing. You need to learn how they make money first.
Look at Friday's GBPUSD movement, what do you see ?

The chart shows how they made their money on that day. All I had to do was follow them for the easiest money I made last week.
There is nothing Random about price action.

Basically, the principle is: if you are keeping trying on the wrong way; then the output will be ordinary for sure.

" What I have is not for free but is for a reasonable price. I have a small group that I teach for $50 a month."
" I am not charging a big amount of money up."
" Also there is a private Telegram group."
" You can see some sample videos or you can try everything for $50 and download all 14 hours of of video and courses."

Well Flylife , with these affirmations you will become a Commercial member into Commercial section. Soon , very soon.

he will be commercial soon. the wrong thing with this dudes is that always they act in such dishonest manner,cos the correct order is to first ask for commercial stamp and only after to start promote your shit. but you see those days and not only is hard to keep the spine when is about bucks made easy from idiots who may fall in those traps.
This guy i consider him a scammer even before to get commercial ,so lets promote him in the right place cos is clear he is a trickster.
cheer up!

2nd that

Honestly I forgot about commercial stamp if I advertise so I removed that part...I am not a scammer and my stats are real. Don't say my stats are scam before posting yours. I hate scammers more than you do. I've been trading for 14 years and took me 9 years to become profitable. So if you want to quit after 8 years thing again. You might be closer than you think.

Here are my stats for a live account for more than a year trading one pair only:

How am I a trickster if I share my live statements and all my trades are video recorded ? I forgot you are not allow to promote yourself. I am not wasting my time on forums like you do. I have 30 post in 5 years, you have 4000. So probability you knew these rules better than I do. If I knew I wouldn't do it because I would have known that they will remove my comment...