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(binned per thread starter's request) Turning $40 dollars into $1

  • #21
  • Jan 20, 2020 8:39pm Jan 20, 2020 8:39pm
I can't change the headline or topic of this thread but I'm trying to succeed with that projected result by this end of 2020. Remember, I'm still trying. I just add up another $16 last two days. I had two investments last months which are $23 and $33 and all were gone. So, the equity that reflects on my account is still below from the amount of my two deposits last month ago yet I have to try recovering to which my investments are all $72 dollars in total for this year alone into this account if possible I can make another TE which is $40 dollars investment as originally planned on this thread last 2018. Maybe this february, I will make a try but for the time being, this thread is going to be attached on this TE. Thank you everyone.
The Past mistakes are your guides to provide you directions of the present.
  • #22
  • Mar 8, 2020 9:26am Mar 8, 2020 9:26am
hey, how is it going? are you still in the game?
Fred
  • #23
  • Mar 8, 2020 11:13pm Mar 8, 2020 11:13pm
Quoting Chronus
hey, how is it going? are you still in the game?

Still in the game bro but I need to step back for a while but I will let this TE active here in forexfactory so that when I'm ready again. I would just load it up again and start trading. Still need to reflect on how much I would put into it and replenishing the strategy that can probably work in my favor. I did around over 10 times try about this strategy. I did 8 times try on this account and another account that I did not placed a TE here with 5 times try and still the market hit me hard. So, stepping a back is the best option I can do right now. I'll get this stuff moving when I'm ready again both my mental and financial side.
The Past mistakes are your guides to provide you directions of the present.
  • #24
  • Mar 9, 2020 12:23am Mar 9, 2020 12:23am
Hi
I think making this goal happen does not seem unlikely to do but , you should first learn how to double,triple,quadruple your account and then consider of higher levels. no success would achieve all of a sudden unless you could take the first steps right and proper.
wish you luck
  • #25
  • Mar 9, 2020 2:17am Mar 9, 2020 2:17am
Quoting zofishel
Hi I think making this goal happen does not seem unlikely to do but , you should first learn how to double,triple,quadruple your account and then consider of higher levels. no success would achieve all of a sudden unless you could take the first steps right and proper. wish you luck

Good word you've got there sir. Actually, I did trades to turn my account into 500%-1000% but once I got there a couple of times. I wasn't able to handle my emotions about the excitement and that leads me to substantial losses and then later on burned my whole account.


Handling our emotions, learning when to go away when you are in profits and learning when and not to trade, understanding and applying risk managements. These essentials will greatly affect our psychological side unless we've got the balls to force ourselves to see our mistakes and make a sudden halt in all those stupidity. Still learning my curve and finding my edge.
The Past mistakes are your guides to provide you directions of the present.
  • #26
  • Last Post: Mar 9, 2020 4:29am Mar 9, 2020 4:29am
Quoting ministry
{quote} Good word you've got there sir. Actually, I did trades to turn my account into 500%-1000% but once I got there a couple of times. I wasn't able to handle my emotions about the excitement and that leads me to substantial losses and then later on burned my whole account. Handling our emotions, learning when to go away when you are in profits and learning when and not to trade, understanding and applying risk managements. These essentials will greatly affect our psychological side unless we've got the balls to force ourselves to see our mistakes...
controlling emotions in this market is something must be worked on. I have a suggestion which you can divide your goal into as many as parts as you want and step by step move towards it. for instance, if you reached 500%, withdraw half and continue with the rest until you can control that part of emotion you needed.
achieving for example 10 times of your main capital( if that's not earned in a crazy way) shows you're able to make money from this market but it has not become a repetitive action in your mind, in fact your unconscious mind doesn't still believe he can continue making profit, you just need to nurture it.
I think you should work on your psychological section.
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