8 Years Later - Still Not Winning | Page 36 | Forex Factory

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8 Years Later - Still Not Winning

  • #701
  • Jun 25, 2020 2:58pm Jun 25, 2020 2:58pm
Quoting tomorton
{quote} Make it simple. Use the daily charts: when price is uptrending, be long: when it is downtrending, be short. Put a stop where price now says a trend reversal is the probable next print. Size your position so that if the stop is hit this represents only a small fraction of your account. When price stops going up, close your long: when price stops going down, close your short. When your unrealised gain reaches +25%, close everything and take a week off.
===========
Here's a simple recipe that's been working for me for years
  • #702
  • Jul 6, 2020 4:57am Jul 6, 2020 4:57am
In a situation where you realize that you have not won for a long time, the main thing is to stay calm. First of all, I advise you to take a micro pause and just analyze your mistakes, it is very important, because accepting and further correcting your mistakes will clearly improve your trading. Also, you should not be afraid to learn, many even professional traders are constantly reading additional literature, sharing their experience with each other and always admit that they have somewhere else to develop, you, in turn, can hire a personal trainer or consultant, who will surely help you become much better.
  • #703
  • Jul 6, 2020 12:34pm Jul 6, 2020 12:34pm
I'm still after it.
No longer making mental errors just working on a profitable system.
I thought I had it in the spring, but come to realize I think everyone made money then.
Been struggling with the range markets since then.
  • #704
  • Jul 6, 2020 12:51pm Jul 6, 2020 12:51pm
I thought I was a failure for losing after almost 2 years.

I'm full of hope again now and ready to lose again
  • #705
  • Jul 6, 2020 12:59pm Jul 6, 2020 12:59pm
Quoting neesh24
I'm still after it. No longer making mental errors just working on a profitable system. I thought I had it in the spring, but come to realize I think everyone made money then. Been struggling with the range markets since then.
FX is a hedge with two good «companies». Start with stocks instead and follow the trend.

And thnx for your honesty
  • #706
  • Jul 6, 2020 6:56pm Jul 6, 2020 6:56pm
Quoting Thilam
I thought I was a failure for losing after almost 2 years. I'm full of hope again now and ready to lose again
LOL !!! Best post ever
  • #707
  • Sep 5, 2020 9:49am Sep 5, 2020 9:49am
Quoting Xamarass
{quote} =========== Here's a simple recipe that's been working for me for years
How often you trade? Once a month?
  • #708
  • Sep 5, 2020 10:11am Sep 5, 2020 10:11am
Haha...follow my thread let's make money together...or lose together
The impossible is possible
  • #709
  • Sep 5, 2020 10:40am Sep 5, 2020 10:40am
Quoting HeyYou
Problem with 99% of "traders" is that they just place a couple live or demo trades to say "ok/no" to a system and never backtest it in the long term. they just want to dream basically...
Problem with 99% of the traders is that they are not honest with themselfs. If they show a positive trackrecord to me it fine if not only bullish. Several people are really honest in that thread talking about their experiences, thank you form my side !, my desire really the BS people shut up ! (without a track record attached).
PS: in my opinion backtest is only soft test , for sure not the key of a TS development. Little better backtest+oos.
  • #710
  • Sep 5, 2020 10:44am Sep 5, 2020 10:44am
Quoting SuperPip
{quote} How often you trade? Once a month?
just for you "less you trade more money you will gain". cheers
  • #711
  • Sep 5, 2020 11:53am Sep 5, 2020 11:53am
Quoting Xamarass
{quote} just for you "less you trade more money you will gain". cheers
Thanks for the answer!
May you tell, how big is your monthly gain target, 1%?
  • #712
  • Sep 6, 2020 11:15pm Sep 6, 2020 11:15pm
Quoting Xamarass
{quote} just for you "less you trade more money you will gain". cheers

Fully agree. If I see 5 possible trades that might be nice, I will only really do 1 or 2(obviously the ones I feel most confident about).

Secondly: half your position size (or more) and double (or more) your SL. Many people think that Risk = Position size * SL. Mathematically yes, so you always have that risk.
But see it as Risk = Position size * SL * chance SL gets hit. That last factor is what will improve your results substantially.
  • #713
  • Sep 8, 2020 5:49am Sep 8, 2020 5:49am
Quoting OutThere
Thsi is all that is mentioned about Seagal's Martial arts background, accomplishments and training on Wiki: _______________________________________________________ Martial arts Seagal moved to Japan at some point between 1971 and 1973. By 1974 he had returned to California. That year he met Miyako Fujitani, a second-degree black belt and daughter of an Osaka aikido master who had come to Los Angeles to teach aikido. When Miyako returned to Osaka, Seagal went with her. The following year they married and had a son, Kentaro, and a daughter, Ayako....
should check the size and the pounds too I have feeling Van Damme against Seagal is like a year 5 boy against a high school student. look at the TV clips where he trained with the police academy. Policemen were usually no tiny boys, but standing next to him he can hug them like a bear hug a human, that sometimes gives you some advantage if your hand that size of the face of your opponents, and some good weight to when you just swing them around using year-one basic judo technique
  • #714
  • Sep 10, 2020 3:32pm Sep 10, 2020 3:32pm
Quoting neesh24
I'm still after it. No longer making mental errors just working on a profitable system. I thought I had it in the spring, but come to realize I think everyone made money then. Been struggling with the range markets since then.
Don't give up! Keep practicing.

Squeeze in more practice time by manually backtesting your strategies in various market conditions.

Manual backtesting tool for MT4 - https://www.mql5.com/en/market/product/25963
Give the market little, Aim to take a lot!
  • #715
  • Sep 10, 2020 4:01pm Sep 10, 2020 4:01pm
Quoting neesh24
I'm still after it. No longer making mental errors just working on a profitable system. I thought I had it in the spring, but come to realize I think everyone made money then. Been struggling with the range markets since then.
try to find a personal mentor that will help you, I dont think that would be very difficult even if you can get short burst each time.
  • #716
  • Sep 10, 2020 5:50pm Sep 10, 2020 5:50pm
Quoting neesh24
yea, what does the universe want me to know. Is it telling me keep going it will come? or is it telling me, Forex is fake. or is it telling me you won't ever get it? these questions have been going through me head for the last 8 years. I've had two different coaches. Felt that "it was the system" the first time. And now i'm facing that same feeling right about the same time. I don't think it is the system though. I'm missing something. Second part of this year I feel like anyone flipping a coin would have better results. So I start listening to...
Where there is a Will there is a Way.

IMO your quest or desire is not authenticate otherwise it is law of Nature to be fulfilled.
Neither a Bro Nor a Pro I am I
  • #717
  • Sep 16, 2020 9:10pm Sep 16, 2020 9:10pm
You probably want to trade on higher time frames and go for swing trades. Easier to find setups that are forgiving when you are learning how to read charts.
Love to talk on Discord: DividendGamer#1324
  • #718
  • Sep 17, 2020 1:51am Sep 17, 2020 1:51am
only started to trade week ago
and start making money after 4years struggling, sometimes you may look at the wrong thing

this is the first time that i can recover my losses and back to starting line again
usually id burn my account before i can even get 1 winning trade

i have 2 running position that in profit right now
with strat that i just discovered last week lol
been thinking on opening a thread so i can share my strat and at the same time improved it
with FF members
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  • #719
  • Mar 12, 2021 7:22am Mar 12, 2021 7:22am
anybody repeat wrong learning for 4 years, needs another 4 years just to clean his mind from wrongs
and another 4 years to start "following correct learning manner"
  • #720
  • Mar 12, 2021 2:34pm Mar 12, 2021 2:34pm
Quoting neesh24
...Been struggling with the range markets since then.
Don't bother with ranging markets. Learn to identify strong trends and trade only in the direction of the trend. See this comment.
Learn from your mistakes and march on.
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