Looks like the bears had finally flushed out the remaining remnants of the bulls on the hills just as my price dynamics on my E/U chart have indicated.
But the bulls will continue to take potshots on its way down to 13050/00 level, retrace to 240ema on 1hr and then will take a big drop from there.
Time will tell if I am right again. GL and Trade well.....
The learning curve in trading is hell. But if you can stick it out despite the frustration and discouragement you'll make it. It's amazing how this business whips you into shape if you expect to make a career of it. Good luck to you my friend!
Thanks a lot!
I do have the determination to keep learning, in fact I find the whole forex world quite fascinating since there's such an incredible amount of information to learn and process in order to start seeing how it really works. The learning curve is, indeed, hell, but I consider myself reasonably smart, so it makes it more of a challenge.
Now, if only I can keep my account for long enough!
Thanks a lot!
I do have the determination to keep learning, in fact I find the whole forex world quite fascinating since there's such an incredible amount of information to learn and process in order to start seeing how it really works. The learning curve is, indeed, hell, but I consider myself reasonably smart, so it makes it more of a challenge.
Now, if only I can keep my account for long enough!
Thanks a lot!
I do have the determination to keep learning, in fact I find the whole forex world quite fascinating since there's such an incredible amount of information to learn and process in order to start seeing how it really works. The learning curve is, indeed, hell, but I consider myself reasonably smart, so it makes it more of a challenge.
Now, if only I can keep my account for long enough!
it doesn't matter if you are smart or not... only matter if you know how to control your emotions and control your money.
do you know about the typical sentence of saying... He has "poker face".... well... "forex face" should have to be even worse.. lol
no matter how many times you read about the things you should never do, you end up doing ALL of them.
Good for you man..Persistence, hard work, and determination will get you there. It took me two years to be profitable and I lost thousands because I was impatient and greedy. One thing I'd like to give you for your forex journey is a compounding calculator. You can mess around with it. The main thing I want you to learn from it is to take your trades slowly. Never make a trade, THE TRADE. It's okay to loose trades. If you use good money management and even a semi decent system, you'll be fine.
Thanks a lot. Like I mentioned before, as new trader I probably have broken every single rule in the book, but at least I can say that the one thing that I am extremely careful with is money management, and so far, I am managing to keep my discipline there. Almost always.
