QuoteDislikedThe forex market is just too unpredictable or am I just too undisciplined, as I lost my account once again.
Welcome to the club But don't we hard on yourself. Everybody here met a guy called "Margin Call". Not once
The goal is to make those encounters as seldom as possible Once a month, once per 6 month, once a year, and hopefully never
One of the most improtant thing to me was: realizing the real possible target. I started with 10% per DAY as target (scalping). Was very happy for 2 weeks or so Was extrapolaitng how in a couple of month bill be a very rich man
Only years later I come to realize that even 20% per YEAR is very difficult.
dont' listen to gurus. dont' trust anyone. dont use leverage more than x5. really
Use broker that allows the small lots and does not push you to big leverage. My suggestion would be - Oanda
... another pointless day where I accomplish nothing.