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Attachments: Reasons for being a loser master
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Reasons for being a loser master

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  • Post #21
  • Quote
  • Apr 15, 2016 2:28pm Apr 15, 2016 2:28pm
  •  GDR3k
  • Joined Mar 2011 | Status: Bullish Behavior | 4,017 Posts
Quoting jen101
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{quote} Nice moobs.
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  • Post #22
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  • Apr 15, 2016 2:46pm Apr 15, 2016 2:46pm
  •  VaBikePacker
  • Joined Apr 2014 | Status: Member | 915 Posts
Quoting dkrock
Disliked
My advice might seem weird, maybe even fantasy, like the force. But I believe it has made me different. My first introduction to self-improvement that gave me results was Think and Grow Rich. I started reading it in 2002, and have read it more than once and even bought the audio book and listened to it over and over as I drove. I tried it on several different projects and it was freaky to see how things just came to me from out of nowhere. In more recent years, I realized that projects are one thing, but I was having issues with making large amounts...
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the holy grail does exist...just not where everyone thinks it would, so, they never look "there".
"Holy Grail" exists - accepting where is the first step.
  • Post #23
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  • Apr 15, 2016 2:49pm Apr 15, 2016 2:49pm
  •  jen101
  • | Membership Revoked | Joined Aug 2012 | 5,371 Posts
Quoting GDR3k
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{quote} {image}
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That's the way. That is the holy grail.
  • Post #24
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  • Apr 15, 2016 2:59pm Apr 15, 2016 2:59pm
  •  GDR3k
  • Joined Mar 2011 | Status: Bullish Behavior | 4,017 Posts
Quoting jen101
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{quote} That's the way. That is the holy grail.
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  • Post #25
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  • Apr 15, 2016 3:23pm Apr 15, 2016 3:23pm
  •  GDR3k
  • Joined Mar 2011 | Status: Bullish Behavior | 4,017 Posts
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  • Post #26
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  • Apr 16, 2016 12:04am Apr 16, 2016 12:04am
  •  sagor482
  • | Joined Apr 2016 | Status: Member | 42 Posts
guyz thanks for you all good advice. and I know that I can be a winner and I have a profitabe strategy but It is too much hard to be patient.

and over risk is the main key of my lossing.
if I follow the proper money management then I believe that I would never losse
and another thing doing profit in demo and real account is extreme.
and। am trading for 1 year ++ but I am still a losser.
I belive that I have to be more patient to be a winner
  • Post #27
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  • Apr 16, 2016 12:12am Apr 16, 2016 12:12am
  •  sagor482
  • | Joined Apr 2016 | Status: Member | 42 Posts
Quoting mytrader1961
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Hi, Sagor I have been looking at your trade report- you seems to be losing various amounts of money. Have you thought about risking the same percentage of your account each time, at least that is the maximum you can lose.? MT
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my last week trading report
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  • Post #28
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  • Apr 16, 2016 12:56am Apr 16, 2016 12:56am
  •  VaBikePacker
  • Joined Apr 2014 | Status: Member | 915 Posts
I wouldn't trade more than a dime per pip until you can gain control over things you've indicated you know you need to improve on. I would keep the size per trade consistent as well and STOP varying that for now. There's no shame in trading penny sized lots to gain the experience you need and force the changes you need to make.

Many here might suggest that trading so small is useless but my take is this: if you can't discipline yourself and execute with small numbers, you've got no business trying to trade larger numbers. The results only become more disastrous.
"Holy Grail" exists - accepting where is the first step.
  • Post #29
  • Quote
  • Apr 16, 2016 1:22am Apr 16, 2016 1:22am
  •  Stubborn
  • Joined Apr 2016 | Status: Dumbest Trader ever | 706 Posts
Quoting VaBikePacker
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I wouldn't trade more than a dime per pip until you can gain control over things you've indicated you know you need to improve on. I would keep the size per trade consistent as well and STOP varying that for now. There's no shame in trading penny sized lots to gain the experience you need and force the changes you need to make. Many here might suggest that trading so small is useless but my take is this: if you can't discipline yourself and execute with small numbers, you've got no business trying to trade larger numbers. The results only become...
Ignored
I agree with you.
Well said.
When the going gets tough , the tough get going
  • Post #30
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  • Apr 16, 2016 1:36am Apr 16, 2016 1:36am
  •  Mingary
  • Joined Mar 2011 | Status: I should be on your ignore list | 6,324 Posts
Quoting 9jatrader
Disliked
{quote} You do not believe traders make money from forex and yet you waist your time here at FF to post. Then why are you in forex forum? Or you have no reasonable thing to spend you time on ?Or dampen people's desire to be profitable? You can start a thread asking members to share their success and failure. It would surprise you about the response. Then you learn from them. Whether you think you can. or you cannot, you're right - Henry Ford
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Asking members to share their success would result in the shortest thread on ff
  • Post #31
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  • Apr 16, 2016 2:00am Apr 16, 2016 2:00am
  •  Stubborn
  • Joined Apr 2016 | Status: Dumbest Trader ever | 706 Posts
Quoting Mingary
Disliked
{quote} Asking members to share their success would result in the shortest thread on ff
Ignored
How about sharing success and failure?
It might be the longest thread.
When the going gets tough , the tough get going
  • Post #32
  • Quote
  • Apr 16, 2016 4:52am Apr 16, 2016 4:52am
  •  HeyYou
  • Joined Apr 2015 | Status: Member | 1,754 Posts
Quoting jen101
Disliked
{quote} The cause of all your problems is too much testosterone . Happens in life in general, not just trading.
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Yep.
  • Post #33
  • Quote
  • Apr 16, 2016 5:06am Apr 16, 2016 5:06am
  •  Hickson
  • Joined Jan 2014 | Status: Less is more ... | 8,888 Posts
Quoting Mingary
Disliked
If you want to stop losing and start winning do this: "When you meet the Buddha on the road, kill him" Also, don't believe for & second that ANYONE is making money. NO ONE is making money trading the forex. Everything you read and hear of any sign of success is all half lived and half lies at best. Now, enjoy the game (:
Ignored
Why do you keep on trolling people here in every thread? If you think you cannot make money, ok. But leave the rest alone who is making money please. I know several people who already make a living with trading over many years, so your claim that nobody makes money is simply not the truth.
Fix up, trade sharp ...
  • Post #34
  • Quote
  • Apr 16, 2016 5:32am Apr 16, 2016 5:32am
  •  Hickson
  • Joined Jan 2014 | Status: Less is more ... | 8,888 Posts
Quoting sagor482
Disliked
{quote} my last week trading report {image}
Ignored
You are trading way too large positions for your account. You should trade 0.01 lots and stick to it until you have some months of winning.
Fix up, trade sharp ...
  • Post #35
  • Quote
  • Apr 16, 2016 5:53am Apr 16, 2016 5:53am
  •  Shabs19
  • Joined Aug 2006 | Status: Member | 2,559 Posts
Quoting sagor482
Disliked
guyz thanks for you all good advice. and I know that I can be a winner and I have a profitabe strategy but It is too much hard to be patient. and over risk is the main key of my lossing. if I follow the proper money management then I believe that I would never losse and another thing doing profit in demo and real account is extreme. and। am trading for 1 year ++ but I am still a losser. I belive that I have to be more patient to be a winner
Ignored
I think you need to work on your "profitable" strategy first, maybe patience is a big problem and you are in a hurry to make big bucks quickly and now it seems
that you are revenge trading to claw back your losses. This is probably why you are risking far more than you or your account can tolerate.

Money management will only work if you have a profitable strategy first that you fully understand and can follow.
Maybe you are adjusting this strategy as the trade is entered and therefore are not achieving any consistency due to this.
You are probably holding onto losing trades for too long, yet on a winning trade you're cashing out early.
You are angry, impatient & frustrated - a deadly combination.

Trading for more than a year does not qualify you to be a winning trader. It has nothing to do with how long you have been trading.
Follow the Money
  • Post #36
  • Quote
  • Apr 16, 2016 5:57am Apr 16, 2016 5:57am
  •  Stubborn
  • Joined Apr 2016 | Status: Dumbest Trader ever | 706 Posts
Quoting Shabs19
Disliked
{quote} Trading for more than a year does not qualify you to be a winning trader. It has nothing to do with how long you have been trading.
Ignored
Excellent saying.
There are some people have traded their whole life time without being consistently profitable.
Yet there are others who have been consistently profitable at a very early early stage.
When the going gets tough , the tough get going
  • Post #37
  • Quote
  • Apr 16, 2016 6:09am Apr 16, 2016 6:09am
  •  alexx90
  • Joined Jun 2013 | Status: Hunting the edge | 310 Posts
Lose fast and move on to next challenge. When you think you've found the key keep in mind "There is more to discover". Forget about the word "limit" and tackle every challenge in the present. Even a successful millionaire has more to discover, and he knows it. Today you ca be better than yesterday or you can waste your time. Doesn't matter how big are your steps, keep learning from your losses. There is not a fast way to become a master.

Alex
  • Post #38
  • Quote
  • Apr 16, 2016 6:24am Apr 16, 2016 6:24am
  •  vera
  • | Membership Revoked | Joined Dec 2015 | 109 Posts
Follow these rules, it helps me:
1. “Money is made by sitting, not trading.”
2. “Letting losses run is the most serious mistake.”
3. “You have to be willing to make mistakes regularly; there is nothing wrong with it.”
4. “If you have a losing position that is making you uncomfortable, the solution is very simple: Get out, because you can always get back in.”
5. “Whatever happens in the stock market today has happened before and will happen again.”
6. “In this business if you’re good, you’re right six times out of ten.”
7. “Don’t focus on making money, focus on protecting what you have”
  • Post #39
  • Quote
  • Apr 16, 2016 6:26am Apr 16, 2016 6:26am
  •  Stubborn
  • Joined Apr 2016 | Status: Dumbest Trader ever | 706 Posts
Quoting vera
Disliked
Follow these rules, it helps me: 1. Money is made by sitting, not trading. 2. Letting losses run is the most serious mistake. 3. You have to be willing to make mistakes regularly; there is nothing wrong with it. 4. If you have a losing position that is making you uncomfortable, the solution is very simple: Get out, because you can always get back in. 5. Whatever happens in the stock market today has happened before and will happen again. 6. In this business if youre good, youre right six times out of ten. 7. Dont focus on making money, focus on...
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When the going gets tough , the tough get going
  • Post #40
  • Quote
  • Apr 16, 2016 6:29am Apr 16, 2016 6:29am
  •  mozart4646
  • | Joined Dec 2015 | Status: Member | 115 Posts
Your lot size is way to big with a $2000 account you should be doing .02 lots then youll be a lot less stressed about your losses
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