Well you've learnt your lesson (albeit an expensive one).
Don't do it again
Don't do it again
Recovering an almost lost account ($25.00 dollars) 21 replies
From 50 Dollars To 1 Million Dollars Trading Challenge 70 replies
TP dollars amount and SL dollars amount columns (MT4) 0 replies
Dollars, Dollars, Everywhere! 2 replies
The gman's journal of pain and suffering 10 replies
QuoteDislikedBut, what should I do now after this big pain I am suffering?
Disliked{quote} yes, I would consider it rather unbelievable. But when gambling (and forgetting risk more or less) it is possible ... (must have been the atmosphere in varna/bulgaria, hehe, nice place to stay some months ...) {image}Ignored
Disliked{quote} Without reading the whole essay or all the posts here.. Simply, stop loving money and over and out !! Get a life.. And think about that a Family in India will not earn 7000 $ their whole life. Even if they sell their daughter to a perv European. Forex is a hard hard game, and im glad that it isnt so e.. Investing at least 5-10 hours per day. Constantly. So what. Do it or leave it.. Again, im glad it isnt so easy.. Try and error, and again and again and if you are intelligent and strong enough you will make it. If not, dont waste your life...Ignored
Disliked{quote} STOP You are young and have the future ahead. Work on plan.Get rid of high leverage.Grind it out. Most almost all great traders have massive losses difference is learning from it. Read Market Wizards books you'll hear real stories that will make you feel better. RegardsIgnored
DislikedSuiciding rly ? Listen mate if you feel bad so you start to make decisions ... people break up their marriage they are deppressed and so they go : who am i gonna be with now ? and when they are propelled from a bad feeling they are gonna make bad decisions. So this makes it so important to feel good before you start deciding what to decide. Otherwise your decisions will not be good decisions. The more you make good decisions the better decisions you will make. The more you make bad decisions -and this is why people have cycles of ups and downs coz...Ignored
DislikedHello Zaiko, a lot of what you are talking about reminds me of myself. I've never been at the point to think about suicide but I can easily imagine how you get there. Making a living, becoming financially independent - these things are very existential and the bigger your expectations the more painful every hit in the stomach feels. So my first and foremost advice to you would be to work on these expectations. They can make you very, very miserable. Especially when they are about such an existential thing like money. Because in the end it's not...Ignored
DislikedI came up with a simple plan. Every time I take a loss, I go for a run. I had found that previously i'd been taking losses, and then within 2-3 minutes I would of "found" another entry. And would be back in the market. Those 2nd entries never really existed, I could make up reason as to why they did, but the didn't really. So now, every time my SL gets hit, I walk away from the screen and go for a runIgnored
DislikedNo need to die for 7k if you can do once, you can do it again, go for it.... btw you must be having some amazing strategy, care to share?Ignored
DislikedI don't believe you turned $200 into $7k in a month risking 1%. Even if you were risking 10% I very much do not believe youIgnored
DislikedHey Brother. There is more to life than money. Be reslient, persevere You are going to kill yourself for a few pieces of paper? Do you know how much you are worth and how precious you are to God? God loves you so much. If you dont believe that is fine, but trust me brother you have a great gift of making money and this is just a small set back on your road to success and a good lesson learned. When you fall down, pick yourself up and fight again. Never give up. Never ever ever ever give up. Be happy because you are so blessed with this ability...Ignored
DislikedFirst of all, Why no one asks for advice before it's too late!? Why not ask for advice when in the process of a profitable period? Because in that period everyone's mind and legs are not on the ground, it's all flying thinking "am the world guru"(you said it). What all books you read Zaiko didn't tell you, SAVE YOUR GOOD DAYS MONEY FOR YOUR BAD DAYS. It's as simple as that and can save you in the worst period of your life because you have something to lay your back on. This must be learned from childhood, it's a kind of money management but in another...Ignored
DislikedRead Market Wizards. There are guys in the book who blew hundreds of thousands of dollars in a matter of days when they were starting out back in the 70's and 80's but somehow managed to come out through the other end. Ultimately all that matters is what did you learn from your experience? The one lesson that is not obvious to those who are starting out is that the market can handsomely reward extremely risky behaviour for a long period of time, and then in one day it can wipe out the entire profit you made in all the previous trades. Nassim Taleb...Ignored
Dislikedif you read around the forums and about other peoples losses 7k often seems to be the going rate for losses and or education in trading stick at it only trade the high probability trades and in theory you should be able to earn it back starting off with $/£500-1000 but in the mean time back to demo! think yourself lucky, some loose much more something i always bare in mind is, a few yrs ago i spoke to someone on a different forum who blew his 25k inheritance in a matter of wks longing Gold just after its peak, he also reported feeling very ill after...Ignored
Disliked{quote} Without reading the whole essay or all the posts here.. Simply, stop loving money and over and out !! Get a life.. And think about that a Family in India will not earn 7000 $ their whole life. Even if they sell their daughter to a perv European. Forex is a hard hard game, and im glad that it isnt so easy.. Otherwise every monkey could do it. You lost 7k $, wow, how cruel, i made 40 000 $ from 5 000 $ and then lost all, 10 years ago with stock buts its the same overall.. Aaand.. im survived. And i did not killed myself.. And licked blood for more.. Now 10 years later, i 'can read' the charts and make constant profits. I needed 10 years of my life time to do that.. Investing at least 5-10 hours per day. Constantly. So what. Do it or leave it.. Again, im glad it isnt so easy.. Try and error, and again and again and if you are intelligent and strong enough you will make it. If not, dont waste your life time.. To be psychological strong is about 3/4 of the game, the rest is patience and knowledge.. Do it or leave it. ps. Grüssle FXd..Ignored
Dislikedlooks like thread starter did not bother responding single poster here which makes me think it was just an attention getting gimmick perhaps. Its rude starting a thread and getting no response.Was the intention free therapy? "look I am suffering" Who amongst us did not lose money in trading.I would say 100% of us but we don't go starting a thread claiming to kill over peanuts. FF is unique place for sure.Ignored
QuoteDisliked... it's something you see yourself in the future, you imagine, you make projections and everything later fails, then it's something terrible. It's like wanting to create a family, you want to have a girlfriend, you get it, you marry, and then are in the process of having kids, and all of the sudden your wife dies being pregnant. All your projections, your "imagined" future is gone.