Can any successful trader help me?

I am sincerely asking for help from any successful trader out there who would like to teach and to help me to earn a living in the forex market. I have been reading, testing, demo trading, live trading, paying signals providers, forex managers, etc in the past year and a half. I lost $$$,$$$ of hard earned money despite working very hard and putting into lost of sleepless nights in this market. But, I am determined to become a member of the winning 5% traders club as I believe I can do it if a successful trader is willing to coach me. I have a family to support and I REALLY want to succeed in this market. I have quit my full time employment and will learn to become a successful trader.

I am desperately looking for a really successful trader who knows how to training a willing and hard working person like myself. I promise to pay you back by helping other people to become financially independent. I also promise to pay 10% to charity for all earnings I made from this market. I am doing this to support my family and put in my little cent to make this world a better place. Please coach me!

Any succesful trader would rather spend his time trading than coaching not because he is greedy but because coaching is never the way to success.

You've lost money but so did the succesful traders today. Believe me, even if it was George Soros or Warren Buffett who decides to coach you, it's not going to help. THEY WILL NEVER BE 100% RIGHT ALL THE TIME.

At the end of the day, it's all about your decision, your discipline and your self-belief that will carry you through.

Maybe you could tell us what you have been doing so far?

What strategy have you been using, time frame, money management etc. Perhaps then the helpful people here at FF can point you in the right direction.

Nothing will help you fail in this business faster than PRESSURE. You are putting a lot of unnecessary pressure on yourself by quiting your fulltime job. The pressure of earning $$$ in the forex market to support your family and pay the bills would be very hard to deal with for someone starting out.

Psychology plays a big part in this game..

Go back and get a fulltime job, take your time, it will help.

I suggest that you sign up for a traders course or two as many of us have when we started off.

Good Luck

Asiaboss:

You may wish to look at this:

http://www.forexfactory.com/showthread.php?t=27286

The quitting the full time job bit is seriously goign to put you in some danger because , unless you are well capitalized, you will be playing with "scared" money. Trading should should be easy, unemotional and simple for you, like brushing your teeth. It's like walking across a 2x4. It's easy when it's on the ground but out it 40 ft in the air and it's not so easy any more.

1. Get capitalized and create a fund of money you wouldn't be concerned to lose. Helps you think clearly and emotionally unattached.

2. Keep your job or at least keep some form of income that helps you feel comfortable financially to a neceassary degree.

3. Maybe get a course or two. PM me if you are looking for some courses or the likes. That said, with some diligent effort, you can learn everything you need to know for different forums and some diligent study. remember, it's like anything in life: learning everything isn't the point and in fact too much information is problematic. Learn what you need to learn to help you master something. Learning to play every style of music is great, but the greatest musician focus on one style and then create their own. Master are the best because they focus on what's best and works best for them.

4. Find out how you want to trade. Each form of trading is emotioanly diffrent and can after your lifestyle. Scalping is a whole diffretn arena then say swing trading.

4b. Get some abundance/wealth mindset training. You would be surprised how emotional increase of wealth is to our system/minds and that even a perfect trading system will collapse in the hands of someone who isn't ready for the success and wealth keep that in mind.

5. Find the type of strategy you want to test out and 1) Start demo/paper trading it. 2) If you can afford to, get a forex simulator to help you get as much "down time" with the chart and develop experience. Treat it as best as you can as if it were real money. No pretend. This will help you emotionally condition you for the realities ahead. Small piece of extra advice. The system actually could be perfect but you aren't well trained in using it. It's like teaching you Tiger Woods' gold system to the letter and your first few holes at the course are terrible. So many traders disgard a system and hop from system to system because they disn't give themselves enough time to learn the nuiances and master the system. Use your judgement. Even persistance with a system won't make the system successful if the system is seriously messed up. That's like trying to be tiger woods but the system to train was made by a 5 year old.

Really search for systems that seem to have a solid foundation and reasoning behind them and the creators are actual traders who trade and are successful for a living. The best test is the wilingness to trade live with you.

Oh, and I cannot stress this enough: money management. You need a serious commitment to properly converse and preserve capital. This is the foundation for any great system and for any trader. They keep their money and preserve it so they survive in the long run. Money management alone is practically 80% pf any successful system. Anyone who says otherwise or doesn't emphasize this point is trying to take your money or is losing more money then you cna imagine. The risk to reward ratio is very improtant to focus on and watch over.

6. Once you feel you have a solid strategy and tested it well and you feel that you have aenough experience under your belt, find a good broker (do your research) and then start trading, BUT start super small. Micro lots. Just the fact that you are using real money will be so diffrent and you mind hasn't wrapped around it yet. Please, take my advice and start with minute amounts. Learn what it's like to trade and win and lose real money, even if it's small. Soon enough you will grow comfortable with that amount and then gradually increase it. Over time your confidence will build and blammo, you be a pro in no time.

You notice that htis is just like a businees. Take's a good plan, proper finding, proper order of steps and some persevernce nad dedication but if you stick with it you just might fall into the smallest of category of traders: a beginnner who actaully made it through successfully their first time around when it came toi trading.

PM me for suggestions on simulators and courses and the like(the best one's are the cheapest most of the time; still learn from the forums. They still have some of the best education money can buy).

ps- small tip. Learn what indicators are as you get better at this, the less you use, the better you will get. Experience is the best teacher. Simulate trading and get some compact experience adn keep a thorough trading journal; mark your entry and reasons and your exit strategy and reasons and then record what you did right or needs improving. This is super essential. Every great trader did this adn this alone can help you skyrocket into the stratosphere in terms of your progression. I wish you the very best of success.

I don't know if you would consider me a successful trader. I am willing to help you.

also answer:
what is your broker?
where do yuo live ?
how mach money you want to invist?
then i am sure you will get helpe?

lost $$$,$$$?

seriously, trade with less lot size.....
if you live in asia, you don't need $$$,$$$ per year to support a happy life.

i'm no where near success, so i guess this is the best i can type

..... oh wait, after i read it again, it seem like you seeking a trader who willingly trade your money without loosing.... that's ... errr... ....

I might need to clarify my post a bit so that I can find the kind of help needed.

1. I quit my employment last year due to a few personal reasons and I am not going back to become employed in a job anymore. I am very serious about getting into this forex business as I don't think I can become very successful if I don't put all of my heart and soul into it. I treat this as a business and I am looking for a mentor to get me into making a profitable business.
2. I am not trading under pressure as I have allowed a portion of the money saved to be living expenses for the medium term and another portion as trading capital. I also have potential investor backing me up if I can proof to have a successful trading system and track record.
3. I believe there are successful people out there willing to help other people. For example, Jack Canfield has helped a few want-to-be authors to become successful by being their mentor. I just need to find one mentor who would like to help me to become such and I will do the same to help other people like me.

Thank you for all the useful information posted here and the PM I received so far! I look forward to working toward the successful trader's club.

that is fine, but tell now u not answer all the questions..

Excellent post by Rumi and worthy of thanks !