Hello everyone!
Just to introduce myself- I first got involved in forex about 8 months ago- I went through all the usual processes that most people seem to go through-i.e trying every indicator under the sun. I went live at the beginning of january with a $500 account and a fairly naive strategy. I never risked more than 1% on any trade- Unfortunately my account has dwindled down to $350 . I don't intend to top it up as i prefer to claw back the money as i believe it is part of the learning process (too easy just to put more money back in my account)
I have put in alot of chart time while learning- usually never less than 8 hours a day and often alot more! I have read pretty much every thread on here- some very useful like Peter Crowns, Darkstars , Gastons, james 16, Therealthings and many more.. I feel i am close- ish but still losing money!
I now mainly trade support and resistance (Particurlarly around round numbers) although it sometimes just doesnt feel like enough of an edge. I am incredibly stubborn and believe i will find a way to be profitable but its starting to drive me nuts!!! Oh well would love to hear if anyone else is suffering as much as me
Cheers
Just to introduce myself- I first got involved in forex about 8 months ago- I went through all the usual processes that most people seem to go through-i.e trying every indicator under the sun. I went live at the beginning of january with a $500 account and a fairly naive strategy. I never risked more than 1% on any trade- Unfortunately my account has dwindled down to $350 . I don't intend to top it up as i prefer to claw back the money as i believe it is part of the learning process (too easy just to put more money back in my account)
I have put in alot of chart time while learning- usually never less than 8 hours a day and often alot more! I have read pretty much every thread on here- some very useful like Peter Crowns, Darkstars , Gastons, james 16, Therealthings and many more.. I feel i am close- ish but still losing money!
I now mainly trade support and resistance (Particurlarly around round numbers) although it sometimes just doesnt feel like enough of an edge. I am incredibly stubborn and believe i will find a way to be profitable but its starting to drive me nuts!!! Oh well would love to hear if anyone else is suffering as much as me
Cheers