Having a crappy year down 5%...how about you?

Anybody else feeling the heat out there? This is on a live account btw, not demo.

its been great

been months since i lose any money at all

Monthly ROE:

Down 9% in January, but up 11%, 22% and 16% in the following 3 months. May is down so far though I think.

may is good

lots o volatility

in the euro alone there was a 600+ net pip drop
last month a 600+ pip gain in the euro alone

watch the market.
identify the market condition

I feel the heat every morning. But when I explode it all dissipates and it's just a warm fuzzy feeling.

We have been in an UPTREND since the beginning of the year...... what do you need?
Somebody to make all your trade decisions for you?....

Sorry to hear that. Have you identified the problem? If not, stop trading and give some thought to finding where you have been going wrong. Are you keeping notes of your trades? Are you revenge trading? are you over trading?

You need to find the reason for this or else you won't be able to find a solution.

And good on you for being honest.

I'm breaking even at this time. Can't complain too much about that ;-p

jz change my strategy and the result is quite good...
24%, 17%, 21% for month feb, march, april..
May has been slow but now about 3% up... hope to hit 20% by end of month..

I've had my ups and downs.

But positive for the year so far.

Last 3 or 4 weeks were crap for me, down 7% from high of year, jan, feb, march were really good though.

Sounds to me like you are nearly there except for some tweeking.

If however you feel that its psychological due to real money try this-
(it will depend on your strategy, if your a scalper this will be hopeless, but for longer term this should help)

1- Keep you live account open and continue to trade

2- open a demo account.

3- in you demo account place the exact same trades as you do in your real account using the same mm principles etc.

4- also place in your demo account trades you dont have the confidence to take in your live account.

5- manage your trades in your live account the best you can.

6- in your demo account you will do the best you can also, but you should have the ability to let your trades run more than in your live and take trades you did not feel like taking in live- be an agresive trader in your demo account, take every trade you think has legs.

7- take 20 trades or so in the live and then compare the difference between the P&L on each account.

Normally you will have done better in the demo account than in the real one, if this is the case you know its because of emotion and the inability to take all the trades you should. Now you can see exactly how well you could have done and you should gain confidence from this results.

This is then your goal, to close the gap between your demo and live account, this is known as the profit gap.

GL