Tears And Laughter In Forex Trading - Page 3
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Thread: Tears And Laughter In Forex Trading

  1. #21
    I must have missed out to the laughter section. The tears .... Okay, I could identify with this.

    Happy trading and keep your head screwed on right all the time. It is possible to succeed with many types of systems I would wager the% of successful traders will not change one of systems and methodology. I.e. every system will have more unsuccessful traders than successful ones.

    Somebody prove me wrong and I will learn that the system!

  2. #22
    Quote Originally Posted by ;
    Hi ,

    When I am trading on demo account I win many trade but when I visit live account I lose. Comment pleases. I need to understand why and is outhere?

    Thanks.
    Sinar

    At the start and today it still happens from time to time (I still run a demo account too )
    I presume its the frame of mind you are in - If you trade your own money its organic to be over cautious (FEAR) or holding out for longer pips (GREED) while in a demo account, you don't get to keep the profits so you make more rational decisions.

    Only my 2 cents

  3. #23
    Quote Originally Posted by ;
    To all Currency Market trader I love if you can share your tears and laughter (your experience) in this forum. This is good for the newbie to learn some thing from professional trader.

    Thank you very much.

    Tsunami FX.
    I work to get a FCM, but that'll remain with me. Anyway my wife (who works with me) isnt right into trading. But after a couple of months of trading the greatest joy I get if my spouse says Wow, is. This was after months NFP and I was on the winning aspect of the rally. I made close to $200 daily, and it was a fantastic feeling.
    I was in tears when the whipsaw took me to get a ride following the Fed pause, and I was closed out of my positions, then to see the following day profits. I closed my account right out of fruion.

  4. #24
    Just saw this today on FF...




    The machine has been taking a beating at the moment and can not perform your search. So you can find what your looking for, it will recover!



    lt;! -- / main error message -


    Taking a beating, been there earlier.

  5. #25
    THINGS TO DO BEFORE TRADING

    1. RELEX YOUR MIND PUT 99% OF YOUR CONFIDENCE

    2. CHECK THE UPCOMMING NEWS. Don't TRADE THE CURRENCY/PAIR IF THE NEWS IS COMING

    3. FIND WHERE IS YOUR ENTRY POINT

    4. FIND WHERE IS YOUR STOPLOSS

    5. FIND WHERE IS YOUR FIRST TAKE PROFIT

    6. FIND WHERE IS YOUR SECOND TAKE PROFIT

    7. BE STRICT WITH YOUR MONEY MANAGEMENT!! DO NOT CHANGE STOPLOSS WIDER WHILE YOU TRADING

  6. #26
    Do not believe in anything simply because you have heard it.

    Do not believe in traditions because they have been handed down for centuries.

    Do not believe in anything because it is spoken and rumored by many.

    Do not believe in anything simply because it is found written in your own books.

    Do not believe in anything merely on the authority of your teachers and elders.

    But after observation and analysis, when you realize that anything agrees with

    reason. . .then live up to it and take it.

  7. #27
    Wow.. Fantastic thread!
    Where are the 1KT traders? Post tears and your laughter here

  8. #28
    In my opinion, as well as opossed to what has been posted above, the tears DONT come when you start out since you are still experimenting, reading, demo'ing, etc and you are pretty much predicted to become confounded left, right and centre.

    The sourest tears come about one year later, when you know much more about the markets however, still you can't reach consistency in your trading. Something is lacking in your trading, however, you can't figure out what. You know about trendlines, S/R is known about by you, you know about interest rates, etc, and you can't grow that mini-account consistently.

    I recall the days and God knows I stared at the ceiling far too many nights pondering what the hell was I'm doing wrong.

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