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Three Reasons Why Successful Traders Fail In The Beginning

  • #41
  • Feb 23, 2015 9:14pm Feb 23, 2015 9:14pm
now i'm seeing a better scenery

i'm not the only one struggling to make a dollar

in fact, i think i'm one of the few that are sincere

my explorer reflects my real and only fx account

show yours. lets do that (profitable traders)!
  • #42
  • Feb 23, 2015 9:17pm Feb 23, 2015 9:17pm
Quoting nadyrkhan
{quote} There is nothing FREE in this world. And you are asking a Million Dollar Question!
ok, i understand.

just let me know.. who you paid a million dollar?
  • #43
  • Feb 23, 2015 9:30pm Feb 23, 2015 9:30pm
Quoting kinspk
Not for any debate, but i have 2 reasons why sometimes I failed. 1st: Directions When we know the directions, emotion and psycholoy will not be a factor to affect our trading decision. We become indecisive when we are unsure where prices are going. Eg, If SNB tell u that they going to unpeg Eur on 15th Jan, I am sure you know what to trade and when to wait. 2nd: Alcohol I think I need to fix this myself or some policy to ban alcohol.
I have invented a capsule that is 90% effective if you want to get rid of drinking while trading. The only requirement for it to be effective is very careful reading of label and ingredients. Even 0.1cc is good enough if you don't want to use a full dose of 1cc. Just drop it or empty contents into your liquor, beer or wine. There are no known side effects. Waiting for the patent ChickyPiss TM.
The Thief of Wall Street
  • #44
  • Feb 23, 2015 9:41pm Feb 23, 2015 9:41pm
Quoting nadyrkhan
{quote} Very much Actual Analysis. Did my demo account in 2011. Got it real by 2012. I wasn't sure what I was doing with it. All I was doing was trading BUY and SELL. 10$ profit, 30$ loss. Up and Down. Selling LOWS and Buying HIGHS. Got it blown by 2013. But didnt leave it. When I had my time, trading companies were corrupt and were chewing away my profits as well as my equity. In Lower-Mids of 2014, I thought to my self that things cannot go any further with this. Regained myself. Strategic plans were implemented. Right Trading Company was chosen....
Wallah! Kiya baat hae Khan Sahib.

Keep it up man/honey
The Thief of Wall Street
  • #45
  • Feb 23, 2015 9:42pm Feb 23, 2015 9:42pm
who are profitable here?

if you do so, share with us your explorer

(calm down.. by doing so, you are not giving us your trading system)

tkz in advance
  • #46
  • Feb 23, 2015 9:45pm Feb 23, 2015 9:45pm
Quoting gustcoelho
who are profitable here? if you do so, share with us your explorer (calm down.. by doing so, you are not giving us your trading system) tkz in advance
There is a great risk in explaining to others secrets of trading.

Inserted Video
The Thief of Wall Street
  • #47
  • Feb 23, 2015 10:25pm Feb 23, 2015 10:25pm
Quoting gustcoelho
who are profitable here? if you do so, share with us your explorer (calm down.. by doing so, you are not giving us your trading system) tkz in advance
No offence. This post make me think of something.Hey, are you a man? Yea, show me your dxxk! Wow!! Few months later, same person came back asking the same qn, but his never get as long as mine. Whats the point?True story for 1 person who I show him 3 times in a year. And the 4th time he asked, I gave up, I felt naked.
The only winner is the one who survive the longest...
  • #48
  • Feb 23, 2015 10:40pm Feb 23, 2015 10:40pm
No offence at all.

What is the secret?!

Keep your lots size, balance and equity hidden.

Why am I saying this? Because I'm "OK" of people who are the best from the best at the forum...

You don't need to prove me nothing, kinspk. And even show me your dick. I'm not curious about it.

But in fact, I'm curious about your profits. Are you good taking it? Whats the secret here?

SHOW ME THE MONEY

(no offence)

  • #49
  • Feb 23, 2015 10:50pm Feb 23, 2015 10:50pm
Quoting Chicky
{quote} There is a great risk in explaining to others secrets of trading. https://www.youtube.com/watch?v=mV4yYH1hS9s
The risk of undercover your loser side?

if im wrong, please correct me.
  • #50
  • Feb 23, 2015 11:01pm Feb 23, 2015 11:01pm
"The number one reason people fail in life is because they listen to their friends, family, and neighbors." --Napoleon Hill
  • #51
  • Feb 23, 2015 11:41pm Feb 23, 2015 11:41pm
Quoting hals12
{quote} That's true but sometimes you have to be patient when handling the floating loss because market will not go directly with your position but instead it will oscillate for a while until you make profit . So the ultimate question when having a floating loss is should I stop it before it gets worse or should be more patient as it will go in my favor after a while
You should already know where your stop before you enter a trade.
Fear prevent possibilities, and so does Greed
  • #52
  • Feb 23, 2015 11:58pm Feb 23, 2015 11:58pm
Quoting gustcoelho
now i'm seeing a better scenery i'm not the only one struggling to make a dollar in fact, i think i'm one of the few that are sincere my explorer reflects my real and only fx account show yours. lets do that (profitable traders)!

Attached Image (click to enlarge)
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  • #53
  • Feb 24, 2015 12:02am Feb 24, 2015 12:02am
Quoting gustcoelho
No offence at all. What is the secret?! Keep your lots size, balance and equity hidden. Why am I saying this? Because I'm "OK" of people who are the best from the best at the forum... You don't need to prove me nothing, kinspk. And even show me your dick. I'm not curious about it. But in fact, I'm curious about your profits. Are you good taking it? Whats the secret here? SHOW ME THE MONEY (no offence)
Great man. There a lot of good traders here, search around when you are free to quench your curiosity on profit, mine are peanuts.

I made $12 per year. $1 net monthly profit. Secret = $12 buy me a mug of beer, and that motivate me to keep going.

Find me again 5 years later, I will save 5 mugs of beer for you. Cheers!
The only winner is the one who survive the longest...
  • #54
  • Feb 24, 2015 1:27am Feb 24, 2015 1:27am
Quoting gustcoelho
who are profitable here? if you do so, share with us your explorer (calm down.. by doing so, you are not giving us your trading system) tkz in advance
Check my explorer.
Without an edge MM is useless!
  • #55
  • Feb 24, 2015 3:24am Feb 24, 2015 3:24am
Quoting afhacker
{quote} Check my explorer.
Good job Bro. That's a lot of beer.
The only winner is the one who survive the longest...
  • #56
  • Feb 24, 2015 3:51am Feb 24, 2015 3:51am
Do not masturbate during a trade
  • #57
  • Feb 24, 2015 3:59am Feb 24, 2015 3:59am
For me the biggest mistake is to add to losing positions, and second mistake is to add more to the second lot that i added to the first losing position and so on... And i just cant stop doing it...
  • #58
  • Feb 24, 2015 4:28am Feb 24, 2015 4:28am
Quoting jwlee7ucla
While I agree with this list, this is the ultimate reason: 4. Not accepting small losses by admitting you are wrong, and get wiped out by leverage
Hi , I'm a new trader , at first I traded well but suddenly I lost what I gained and half of my personal investments . would any tell me how they are successful in this market and any other guidance for me to be successful .
  • #59
  • Feb 24, 2015 5:22am Feb 24, 2015 5:22am
Quoting afhacker
{quote} Check my explorer.
hey man! tkz for your contribution.. and congrats for your profits!

now, if possible.. whats your approach to the markets?

i'm not sure if your approach will fit me or anybody else, but for sure it makes money

if you dont mind, talk us about it and your development as a trader
  • #60
  • Feb 24, 2015 5:46am Feb 24, 2015 5:46am
Quoting Pcmtrader
{quote} Hi , I'm a new trader , at first I traded well but suddenly I lost what I gained and half of my personal investments . would any tell me how they are successful in this market and any other guidance for me to be successful .
Pcmtrader,

One thing I'm sure its very very important (but not all, obvious) is money management.

This is the only thing that can make your equity a long living.

If you do right your money management, you will decide to stop trading long before you lose half your account.

Basically, you should risk no more than 2% of your account in each trade you made (your lot size is function of the ammount of pips of stop loss and your equity).

And until you can made profits consistently, trade as small as possible...
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