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  • #605,241
  • Mar 7, 2012 6:04am Mar 7, 2012 6:04am
Quoting happytrader
alright guys, i'm done with this fucking forex trading. this will be my last day on ff forum.

i've given up on this. trading's been very difficult in the last few weeks. i couldn't control my emotions- revenge trading, one day of losses = 1 good week of gain.

this week's esp hard and fucked up for me. I keep losing, losing and losing.

Monday = -43
Tuesday = -27
Today = - 84

I'm seriously done with forex. Many people's lives have gotten better cos of forex, for me forex has given me 1 year of mental torture, affected my career and...
Hey there, take a break from forex for a few months. Only take a look at it once a week during your break. While at it, draw lines, draw fibos, spot all the S/R and see how PA is like. You will begin to see a lot more clearly when your mind does not have a bias. And you might even find your trading plan this way. Use all TFs from 5M to 1D. Then when your mind is cleared, give it a try again with really small lots on a mini account.

I lost quite a bit as well as a beginner, blew my first account. It took me 2 years to become profitable. Everything you described has happened to me before, and I'm sure it has happened to every successful trader. My third year now and I still have some disciplinary issues with my MM once in a while but overall it's gradually improving.

I just wanna say to you, NEVER give up and all the best from a fellow Malaysian. =)
  • #605,242
  • Mar 7, 2012 6:06am Mar 7, 2012 6:06am
Quoting mohan76
here is his answer for your question

http://www.forexfactory.com/showthre...ar#post5407277
I see, thank you for pointing that out. I feel bearish side too. Maybe in a couple of months (or years) I can decide which side
  • #605,243
  • Mar 7, 2012 6:06am Mar 7, 2012 6:06am
Looks like I need to re-phrase the question else no one will help to answer my question...

Testing on a small capital for 2 months, I managed a decent gain but once I increase my capital, it is a miserable gain and also nearly lost. I know it is the fear that cause me to close my positions earlier.
And this action of mine continues even it is already the 2nd month on the increased capital.

How did you guys overcome the fear of the bigger value movement?
  • #605,244
  • Mar 7, 2012 6:07am Mar 7, 2012 6:07am
Quoting KillerWhale
Ganam, I just received a PM from you with the following text:

"Pls vouch for me"

That's not the way it works dude. You have to earn vouches.

You can read here why:

http://www.forexfactory.com/userguide.php#wvs_overview
you mean this?

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Quant Hedge Fund CEO
  • #605,245
  • Mar 7, 2012 6:08am Mar 7, 2012 6:08am
Quoting Z3iz3i
Selling may accelerate if 5min close below 35 (which is Asian session close).

15 is yesterday London and NY close. Hourly close below that may accelerate selling through 1.31.
Long time no see !
Think Different
  • #605,246
  • Mar 7, 2012 6:09am Mar 7, 2012 6:09am
Quoting FXMastermind
you mean this?

may be you should remove screen shot PM suppose to be private (ethic)
Mohan
  • #605,247
  • Mar 7, 2012 6:11am Mar 7, 2012 6:11am
Quoting Anti_Losses
Looks like I need to re-phrase the question else no one will help to answer my question...

Testing on a small capital for 2 months, I managed a decent gain but once I increase my capital, it is a miserable gain and also nearly lost. I know it is the fear that cause me to close my positions earlier.
And this action of mine continues even it is already the 2nd month on the increased capital.

How did you guys overcome the fear of the bigger value movement?
The first move that helped me with that as a noob back then was, right click on trade, profits, as points, assuming that you're using MT4.
  • #605,248
  • Mar 7, 2012 6:11am Mar 7, 2012 6:11am
Quoting Anti_Losses
Looks like I need to re-phrase the question else no one will help to answer my question...

Testing on a small capital for 2 months, I managed a decent gain but once I increase my capital, it is a miserable gain and also nearly lost. I know it is the fear that cause me to close my positions earlier.
And this action of mine continues even it is already the 2nd month on the increased capital.

How did you guys overcome the fear of the bigger value movement?
i trade for pips every day
not £ $ euro
i trade for 20 pips a day
Trade What You See Not What You Want To See
  • #605,249
  • Mar 7, 2012 6:13am Mar 7, 2012 6:13am
Quoting kelvinftg
Hey there, take a break from forex for a few months. Only take a look at it once a week during your break. While at it, draw lines, draw fibos, spot all the S/R and see how PA is like. You will begin to see a lot more clearly when your mind does not have a bias. And you might even find your trading plan this way. Use all TFs from 5M to 1D. Then when your mind is cleared, give it a try again with really small lots on a mini account.

I lost quite a bit as well as a beginner, blew my first account. It took me 2 years to become profitable. Everything...
thanks kelvin, haha. that's really nice of you. malaysia boleh. lol.
  • #605,250
  • Mar 7, 2012 6:14am Mar 7, 2012 6:14am
Quoting Anti_Losses
Looks like I need to re-phrase the question else no one will help to answer my question...

Testing on a small capital for 2 months, I managed a decent gain but once I increase my capital, it is a miserable gain and also nearly lost. I know it is the fear that cause me to close my positions earlier.
And this action of mine continues even it is already the 2nd month on the increased capital.

How did you guys overcome the fear of the bigger value movement?
Dont add to yor capital and see if your gains rise again if they do then thats your answer DONT add to you capital just compound your profit
  • #605,251
  • Mar 7, 2012 6:17am Mar 7, 2012 6:17am
Quoting kelvinftg
The first move that helped me with that as a noob back then was, right click on trade, profits, as points, assuming that you're using MT4.
Hi Kelvin... MT4 is a platform for you to trade? If it is, I am using cmc so I guess no such function? Cos I was looking if I can substitute the value into pips but I don't seem to find it.
  • #605,252
  • Mar 7, 2012 6:19am Mar 7, 2012 6:19am
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follow the flow of music $
  • #605,253
  • Mar 7, 2012 6:19am Mar 7, 2012 6:19am
Quoting mohan76
may be you should remove screen shot PM suppose to be private (ethic)
I don't agree with you here Mohan,
Suckers like that need to be exposed.
He's not playing the rules so why should we?
New voice message: Why are you calling me? If I need you, I'll call you!
  • #605,254
  • Mar 7, 2012 6:20am Mar 7, 2012 6:20am
Quoting megajester
Dont add to yor capital and see if your gains rise again if they do then thats your answer DONT add to you capital just compound your profit
What i do is open 2 lots. that way you can close one when you feel you have made some nice pips. move the 2nd to break even and see what it can do by letting it run free. Dont put more money in your account until you have doubled your present bank.

(for anti losses)
  • #605,255
  • Mar 7, 2012 6:20am Mar 7, 2012 6:20am
Quoting Anti_Losses
Hi Kelvin... MT4 is a platform for you to trade? If it is, I am using cmc so I guess no such function? Cos I was looking if I can substitute the value into pips but I don't seem to find it.
Yup, MT4 is a platform that's widely used by brokers. IMO it's the first step to overcoming bigger values. It's to shift your focus onto the number of pips instead of the amount of money. But in your case, I guess maybe a broker change?
  • #605,256
  • Mar 7, 2012 6:21am Mar 7, 2012 6:21am
here we go
Trade What You See Not What You Want To See
  • #605,257
  • Mar 7, 2012 6:24am Mar 7, 2012 6:24am
Quoting KillerWhale
I don't agree with you here Mohan,
Suckers like that need to be exposed.
He's not playing the rules so why should we?
This is my policy on public writing

i should not let any one to pull down myself to there level

i will appreciate people who lifting my level up

We should not change our Ethics because some one else not following
Mohan
  • #605,258
  • Mar 7, 2012 6:24am Mar 7, 2012 6:24am
Quoting pipsallday
i trade for pips every day
not £ $ euro
i trade for 20 pips a day
how much do you earn each day ?
Think Different
  • #605,259
  • Mar 7, 2012 6:24am Mar 7, 2012 6:24am
Quoting Zink
Mais um portuga!!!

Forte abraço de coimbra!
forte abraço do Brasil
  • #605,260
  • Mar 7, 2012 6:25am Mar 7, 2012 6:25am
Where is it going? Ups or Down...damm im confuse..
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