What if Currency Market is really a mystery with no definite alternative? I've done everything I am supposed to do. I have a trading program. I know many egies. I've got good money management. I examine charts for many pairs and search for setups daily. I've been attempting to be profitable for 4 years. And still... I am loosing money.
If this is you situation let me tell you something, the only time”indefinite” is a plausible result is when you divide 1/0. Some people today say you need a strong plogy to take trades. That's partly erroneous. Why would you need a strong plogy when you know what you're doing, how much you're risking, what is the worst possible situation and are prepared for it? It's when you don't know what you're doing and you're not prepared for the worst that you will feel as if you will need a strong plogy.
Whats the point in this? To tell you don't need 5 decades of demo account to learn how to trade properly. What you actually need is to know yourself and make use of an objective egy when learning about things that are new (and not so new) for you. Always question what, it's causes, what is behind an text, look for tips, shortcuts etc.. Do not just accept things because somebody said it. They may be repeating what they heard from Someone else.
The biggest mistake one can do would be to think they know what there is to know. There is always something new to learn. If you're trying for years and still can't be profitable maybe it is time for you to question what you think is right about Currency Market. Unlearn all the knowledge that is not helping you. Do what it takes, to get to your ultimate objectives, in the event that you even have them. If you don't what exactly are you waiting to set them?
This is ribbon is dedied for you reading this, you who've been looking for answers and can not appear to find one. You who've been leaping from egy into egy. You who've considered quitting Currency Market trading and moving back to 9-5. Maybe you weren't actually searching for this particular thread but somehow ended up in this corner of this forum.
Know yourself. Commit yourself to your task. Write down your goals and read them out loading daily. Do what is necessary to finish them. Even once you don't feel like doing it.