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Watch me lose $29K from now - How long will it take?!

  • #141
  • Aug 15, 2016 8:15am Aug 15, 2016 8:15am
Quoting aarontdang
{quote} Demo and Live accounts are 2 separate things, trust me.... when you dealing with real $$$$ at risks ... your emotions are totally different. You can earned 1,000% doesn't guarantee you will earn anything in live account. Market changes every sec ... nothing is set in stone ....

No! No different! Only different in your mind. You must unlearn what you have learned.
Learn, a forex trader must, unlearn and relearn he will.
  • #142
  • Edited 9:39am Aug 15, 2016 8:56am | Edited 9:39am
looks good for a little short now
or waiting for the final kiss - strong move up and formed as a pin bar- than short. Area to watch 0.87050

mh... pullback to the breakout niveau 0.86525? 0.86750 Resistance = 1.TP SL 0.87010

stop 5 pips tp 20 pips RR 1:4

entry is triggered but it looks like i gonna get stopped out here
(.)(.) think first ...
  • #143
  • Aug 15, 2016 9:10am Aug 15, 2016 9:10am
Dont worry friend you wont lose, victory is coming to soon to you. I confident on EURGBP will go to you way
  • #144
  • Aug 15, 2016 9:48am Aug 15, 2016 9:48am
Quoting TheDream
Dont worry friend you wont lose, victory is coming to soon to you. I confident on EURGBP will go to you way
victory maybe but money is a bitch, once gone, is it hard to get her back
(.)(.) think first ...
  • #145
  • Aug 15, 2016 4:19pm Aug 15, 2016 4:19pm
Quoting COGSx86
{quote} No! No different! Only different in your mind. You must unlearn what you have learned.
I'm new too trading and have just started demoing but isn't it different in the fact that in the real market you will deal with slippage? I think the emotional difference is only for the weak minded who fail too be able to stick to a plan.
  • #146
  • Aug 15, 2016 4:39pm Aug 15, 2016 4:39pm
Bro why dont you spend your money on forex courses first before you lost all that funds without even learning anything from it.Equip yourself skill fully and come back.They say Rome wasnt build in one day.
  • #147
  • Aug 15, 2016 6:41pm Aug 15, 2016 6:41pm
Quoting aarontdang
{quote}

Demo and Live accounts are 2 separate things, trust me.... when you dealing with real $$$$ at risks ... your emotions are totally different. You can earned 1,000% doesn't guarantee you will earn anything in live account. ....
May be so, but then on demo you can work on a system/strategy, without any real losses, until you are happy with your system; and then go live with it

What you are doing is wrenching everyone's hearts here. Your account is leaking dollars!!??!

Please stop what you are doing. Cut your losses until you are sure of your system; or at least when you feel confident you have a system that will run more profits than losses.
It's hard. Can be painful. But I love this world, this Forex world.....
  • #148
  • Aug 16, 2016 2:44am Aug 16, 2016 2:44am
wow man why do you go every time against the trend, you could make so much money? If yo go against the trend than take the lows. USDCAD last low H4 1.2860 your entry 1.2890 why?? (and now a trendline break) ???
(.)(.) think first ...
  • #149
  • Aug 16, 2016 4:20am Aug 16, 2016 4:20am
Quoting maximumguita
wow man why do you go every time against the trend, you could make so much money? If yo go against the trend than take the lows. USDCAD last low H4 1.2860 your entry 1.2890 why?? (and now a trendline break) ???
I wish I know
  • #150
  • Aug 16, 2016 4:41am Aug 16, 2016 4:41am
Best. thread title. ever!!!1 xD

As long as your financial stability is not wrecked by these looses, it's all good. Every one of us has their journey through the world of fx, Some loose shit tonnes of cash others shit tonnes of time.

I knew a guy that had close to 100k in an account and grinded on them for roughly 8 months and he was really depressed. By the end of the year he lost almost half of it in less than a week. He was the happiest man alive, quit trading and moved on. He withdrew 25-30k and opened a donut shop that was insanely profitable.

All in all, if YOU come out with a lesson learned, your money was not wasted. We all waste money on useless clothes and electronics, cigarettes, & crap we don't need... at least in fx you have statistical probability to make some of it back.

Stay safe, keep away for going into debt for fx, make sure your family does not suffer because of this hobby.
Forex is not a game and things can go from 'oh well...' to 'WTF happened?!?!' surprisingly fast
  • #151
  • Aug 16, 2016 4:57am Aug 16, 2016 4:57am
Sane Advice...
  • #152
  • Aug 16, 2016 4:58am Aug 16, 2016 4:58am
My total capital was $40K .... My total balance still way a over it cheers
  • #153
  • Aug 16, 2016 5:13am Aug 16, 2016 5:13am
Quoting aarontdang
My total capital was $40K .... My total balance still way a over it cheers
congratulations on having an extremely active thread, every time I come to this there is tons of people on it.
  • #154
  • Aug 16, 2016 6:22am Aug 16, 2016 6:22am
Quoting aarontdang
{quote} I wish I know
if you know why dont you do it so? Patience!!!!! and i think you are overtraded, closing a big loss and open a new order the same time is never good. Hope you save a bit money for the good trades. look at JPY or E/G why USDCAD (in correlation with oil, oil was above 50 and last at 40 it can go further down or further up nobody knows), there is no good probability for U/C
(.)(.) think first ...
  • #155
  • Aug 16, 2016 8:01am Aug 16, 2016 8:01am
Quoting maximumguita
{quote} if you know why dont you do it so? Patience!!!!! and i think you are overtraded, closing a big loss and open a new order the same time is never good. Hope you save a bit money for the good trades. look at JPY or E/G why USDCAD (in correlation with oil, oil was above 50 and last at 40 it can go further down or further up nobody knows), there is no good probability for U/C
you're right .. I shoulda have more patience... and take it slow and slow...
I coulda make lot and lot of $$$$ but end up losing because of not having patience enough
I got out of everything only lose $7K ... it's not bad consider i'm underwater for over $2XK


Thanks Fed's Dudley for saving me today

  1. Fed’s Dudley: Approaching Time For Rate Hikes
    From @Livesquawk

    Doesn’t See Need For A Lot Of Tightening Over Time - Fox

  • #156
  • Edited 8:50am Aug 16, 2016 8:38am | Edited 8:50am
Quoting aarontdang
{quote} you're right .. I shoulda have more patience... and take it slow and slow... I coulda make lot and lot of $$$$ but end up losing because of not having patience enough I got out of everything only lose $7K ... it's not bad consider i'm underwater for over $2XK Thanks Fed's Dudley for saving me today Feds Dudley: Approaching Time For Rate Hikes From @Livesquawk Doesnt See Need For A Lot Of Tightening Over Time - Fox
take a breath

btw just as an Idea to improve your trading: your account is 7K that means for you 6 trades with a loss of 1K and you are broke. Maybe it is a good idea that you only take positions with a fixed amount of loss. Letīs say 350$ = 5%! (that is usualy to much). If you canīt get a good Entry where your SL is max 350$ by a fixed lot size, you donīt take the trade. So you learn to wait, patience and using STOPPS.
(.)(.) think first ...
  • #157
  • Aug 16, 2016 9:37am Aug 16, 2016 9:37am
Quoting maximumguita
{quote} take a breath btw just as an Idea to improve your trading: your account is 7K that means for you 6 trades with a loss of 1K and you are broke. Maybe it is a good idea that you only take positions with a fixed amount of loss. Lets say 350$ = 5%! (that is usualy to much). If you cant get a good Entry where your SL is max 350$ by a fixed lot size, you dont take the trade. So you learn to wait, patience and using STOPPS.

I have 3 accounts , this is the smallest but 2 other are big I think ... It's in my profiles ... Other 2 accounts I'm profits like 100% on each
  • #158
  • Aug 16, 2016 11:58am Aug 16, 2016 11:58am
Quoting aarontdang
{quote} I have 3 accounts , this is the smallest but 2 other are big I think ... It's in my profiles ... Other 2 accounts I'm profits like 100% on each
so is this thread all fake
(.)(.) think first ...
  • #159
  • Aug 16, 2016 10:15pm Aug 16, 2016 10:15pm
Quoting maximumguita
{quote} so is this thread all fake
The thread is real .. I did lose $39K in one trade check my record
  • #160
  • Aug 16, 2016 11:14pm Aug 16, 2016 11:14pm
Quoting aarontdang
{quote} The thread is real .. I did lose $39K in one trade check my record
Lovely.
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