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Strange Question - What is your biggest frustration in trading?

Quoting GDR3k
{quote} Because you are buying high and selling low
I'm still learning to distinguish the difference ....... I guess if it were that simple we would all be gazzillionaires


Quoting thehouse
{quote} If you have a cartload of pips heading in the opposite direction STOP!!! There is something very wrong with trading plan and your emotions. If you let the market control you and your emotions you will set yourself up to fail.
LOL I know but often, when newbies see the retracement play out, they start to panic and close out on all trades right away. The point being that if you let emotions take over, believe me, you're not going to see much of a profit..
Quoting dragonflight
For me the worst feeling comes when you watch your profit grow and then disappear.
That happens to just about everyone..chalk it up to a steep learning curve..
My frustration is the lack of proper trading tools, in other contexts I'm used to software that works almost flawlessly and it's very flexible to suit any need.
I find it terrible that in forex most trading platforms are available only on Windows, have an extremely static user experience and can be customised in a very limited way.

I'm a software engineer and I'm used to better SW, this is my biggest frustration.
My biggest frustration would be monumental differences in performance on demo and live, need to work on that!
Quoting sandy-pip
My biggest frustration would be monumental differences in performance on demo and live, need to work on that!
Hey Sandy-pip,

Yeah no worries I had that same problem too many years ago. The solution is learning how to control fear and or greed.
That I didnt start at a younger age
I hate missing trades. Being stopped out is fine but if I didn't take a trade and it was a winner then I really gets to me!
Quoting DottDave56
I hate missing trades. Being stopped out is fine but if I didn't take a trade and it was a winner then I really gets to me!
I had this problem too. I was afraid to pull the trigger to avoid taking a loss.
Living in Mountain Standard Time.
Quoting Winston Reed
Living in Mountain Standard Time.
I'm in the same time zone. I have made adjustments to trade London hours and some of New York , but you do not have to do that you can trade the Asian session. Just pick the pairs that move during that time: Auzzie, Kiwi and Yen pairs will all work for you.
Quoting Winston Reed
Living in Mountain Standard Time.
'Day' trading in Australia.
The biggest one I have is taking trades, knowing that i have no signal based on my strategy and losing that trade because I couldn't sit on my hands.
Quoting thehouse
{quote} I'm in the same time zone. I have made adjustments to trade London hours and some of New York , but you do not have to do that you can trade the Asian session. Just pick the pairs that move during that time: Auzzie, Kiwi and Yen pairs will all work for you.

Thanks House,
I often enter trades during Asian session however most of the time the London session really moves the market. I set my alarms at 2,6 and 10 24/5. Sometimes I can't wake up or don't want to wake up and thus miss the trade. A frequent occurrence and major limitation to my trading. Oh well. It is what it is!
Quoting Winston Reed
{quote} Thanks House, I often enter trades during Asian session however most of the time the London session really moves the market. I set my alarms at 2,6 and 10 24/5. Sometimes I can't wake up or don't want to wake up and thus miss the trade. A frequent occurrence and major limitation to my trading. Oh well. It is what it is!
Yep that is 100% correct London is the largest mover unless your trading a Yen or Auzzie pair which are active during Asia.
Quoting vox dei
{quote} At first it was more the lack of a proven edge. At present it's more undercapitalization.
You must be the first person ever in Human History that finds a proven EDGE to predict the Future...

Heck... not even the only one here, everyone in this forum claims to have some kind of EDGE to exploit the system and make a profit trading live, when it IS PROVEN that 99.6% lose money long term. (OFFICIAL BROKERS STATS, Objective numbers, INDISPUTABLE FACT.)

Obviously some people are not being honest in this forum...

The HOUSE ALWAYS WINS, ALWAYS EVER, period...
The Black Swan: The Impact of the Highly Improbable
Quoting MapleLeaf
{quote} You must be the first person ever in Human History that finds a proven EDGE to predict the Future... Heck... not even the only one here, everyone in this forum claims to have some kind of EDGE to exploit the system and make a profit trading live, when it IS PROVEN that 99.6% lose money long term. (OFFICIAL BROKERS STATS, Objective numbers, INDISPUTABLE FACT.) Obviously some people are not being honest in this forum... The HOUSE ALWAYS WINS, ALWAYS EVER, period...
There's no need to predict anything. My ability to predict is as good as yours or anyone else's.

Most 'brokers' function like casinos - Yes, Forex is hard - Yes, making and keeping a profit is impossible - No. 99.6% whatever number, is not 100%.

Time for you to stop wasting time being unprofitable and spreading bitterness over the fact. Use your time productively, or move on for your sake.

Or simply ignore me. As I've told you before:

Quoting vox dei
I'm retarded, oh great one!
"To hold, you must first open your hand. Let go." - Lao Tzu
  • Post #38
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  • Last Post: Feb 25, 2014 9:54am Feb 25, 2014 9:54am
What is your biggest frustration in trading?
Since i life the stock market because i understand that forex it is a bigger opportunity for making money with less amount of cash ( that was from 6 month before)
I am planing putting strategies playing back test manually and some time throw some systems and re modify the planing ,risk management and all other things that most of the days i sit 6 to 10 hours only thinking and testing new ways and better systems to do the trading to reach my goal some time i feel that i am not improving i take brake and close the computer for couple of days and try to read some book then you see me like before and better
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