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Im lose...

ABSNET
May 06 2014 at 08:20
2 Posts
FIRMANSYAH UTAMA (futama99)
May 06 2014 at 17:16
25 Posts
You are not alone, 95 % retail traders loss. Loss another $10,000 in couple of years, and you will start making profit :)


jotekfinance
Jun 27 2014 at 21:10
138 Posts
Happens to everyone. Stay with it, learn, and you will change the loss to win hopefully

tchutchuco
Nov 08 2014 at 17:19
28 Posts
Don't worry you are not alone in the club. However losing is part of the game and of experience that we have to make to be a good trader in the future.

jotekfinance
Nov 09 2014 at 12:50
138 Posts
Yeah, keep your chin up.... if you can afford it :)

Marketorder
Nov 10 2014 at 08:04
114 Posts
I thought it was 90%

futama99 posted:
You are not alone, 95 % retail traders loss. Loss another $10,000 in couple of years, and you will start making profit :)



The reason why people lose is they don't open a practice account. Practice until you have months of profit and then start slow. Allot of people don't have the discipline to wait before they get good or they use robots

TheSmokedAce
Nov 10 2014 at 16:30
67 Posts
another reason people lose is they trade small time frames.. If you opened the 1d TF and saw how easy it is to see trends you would be amazed.
the only issue is that you cant be trading huge lot sizes as when you scalp the smaller time frames.
I typically trade 0.01 per 1,000 in my account per trade. ( sometimes per 2,000 just to be safe)

focus on booking pips rather than dollars and you will become a much better trader

Rihan
RSTrading
Nov 11 2014 at 07:54
385 Posts
TheSmokedAce posted:


focus on booking pips rather than dollars and you will become a much better trader



Couldn't agree more.

Benjamin Van Tran (tranle447)
Nov 11 2014 at 08:14
120 Posts
TheSmokedAce posted:
another reason people lose is they trade small time frames.. If you opened the 1d TF and saw how easy it is to see trends you would be amazed.
the only issue is that you cant be trading huge lot sizes as when you scalp the smaller time frames.
I typically trade 0.01 per 1,000 in my account per trade. ( sometimes per 2,000 just to be safe)

focus on booking pips rather than dollars and you will become a much better trader


Trading 0.01 lot per $1,000 means no leverage . Is that right ?

Often , the best trade is no trade at all
SherFsd
Nov 11 2014 at 10:54
4 Posts
demo is must for us...learn properly ...every person is a loser at his first stage..i am also loss my money..but now i recovered alot with my Robot..

Be good with others.
Sebast (sebast)
Nov 11 2014 at 17:12
52 Posts
welcome to the club! look at my account haha

Andrei C. (gnomemory)
Nov 12 2014 at 09:34
1 Posts
Adrian Matusiak (adrian8891)
Nov 12 2014 at 09:47
696 Posts
Marketorder posted:
Lot of people don't have the discipline to wait before they get good or they use robots



Robots generate loss? Please look at my profile. Im using only my own robots.

PAMM MANAGER // Professional Fund Manager
Curran (sareen)
Nov 12 2014 at 11:03
63 Posts
Practice/demo accounts are good 'practice' but they cannot really provide anywhere near the experience of the live/real account. Trading performance is predominantly down to decisions, and what affects decisions more, knowledge or experience? Start off small, these days you can trade on as low as 0.07 GBP per point. Start with the demo but then quickly move onto a real account with minimal risk to allow yourself to adjust to the fact that you will lose trades and will therefore lose money. It is the manner of this transition which causes many to misjudge the state of mind and architect required for trading with conviction and true mastery.

When you lose, don't lose the Lesson
SherFsd
Nov 12 2014 at 11:10
4 Posts
only Robots can change life....

Be good with others.
TheSmokedAce
Nov 14 2014 at 14:44
67 Posts
tranle447 posted:
TheSmokedAce posted:
another reason people lose is they trade small time frames.. If you opened the 1d TF and saw how easy it is to see trends you would be amazed.
the only issue is that you cant be trading huge lot sizes as when you scalp the smaller time frames.
I typically trade 0.01 per 1,000 in my account per trade. ( sometimes per 2,000 just to be safe)

focus on booking pips rather than dollars and you will become a much better trader


Trading 0.01 lot per $1,000 means no leverage . Is that right ?


I typically have 6-10 positions going, so I have leverage...
The decision to use such a low amount is after years of killing account, I have realized that the easy money is on the higher time frames... but in order to survive on this time frames you need to be able to handle a 200 pip move against you with out batting an eye. I set my trades when the new daily candle starts, using limit orders, and then walk away, and not check on it until the next daily candle... this way im in true trends, not in the noise/manipulated market of the minutes/1h charts


Chistopher Robin (ChrisMuzhik)
Nov 20 2014 at 11:50
65 Posts
Get experience on DEMO-accounts. Develop your own strategy and test it for some time.

There can't be enough money
ZOOM
Nov 21 2014 at 07:58
39 Posts
This place is a good start to see what people do and get advice. Copy, learn, read. A lot of reading and studying the market, techniques and trading strategies helps. If you just bet, the chances are stack against you that you will lose. To move out from betting to trading read and copy what people do here on myfxbook - great place to start. Some of what you can get from copying will be mistakes, some not, some lucky trades. Try to learn from these gains and mistakes.

Experience on DEMO is a must, but so is trading with real money, that fear, that pressure and the stress, and so is the joy of managing to cushion and cut off early and well that loss. The wins will come then :) Just don't start with mad leverage, like anything of x100, even x30 is a pretty big start if you don't know what you are doing. True you won't make much but you won't lose much, get the hang of it first then start increasing the trade lots and then the leverage.

And don't be fooled, of course robots, EA, whatever people call them lose money. In times of volatility, like the 2 weeks in October you can check those, bots lose boatloads.

TheFX4You
Nov 21 2014 at 11:25
92 Posts
Marketorder posted:
I thought it was 90%

futama99 posted:
You are not alone, 95 % retail traders loss. Loss another $10,000 in couple of years, and you will start making profit :)



The reason why people lose is they don't open a practice account. Practice until you have months of profit and then start slow. Allot of people don't have the discipline to wait before they get good or they use robots


I agree, you need to do practice on demo.
And there are not so many loss traders.
Some time ago i saw article at 'forexlive' they published actual statistics.

Stable 20% per month without manual intervention...
tz80
Nov 22 2014 at 08:32
12 Posts
TheFX4You posted:
Marketorder posted:
I thought it was 90%

futama99 posted:
You are not alone, 95 % retail traders loss. Loss another $10,000 in couple of years, and you will start making profit :)



The reason why people lose is they don't open a practice account. Practice until you have months of profit and then start slow. Allot of people don't have the discipline to wait before they get good or they use robots


I agree, you need to do practice on demo.
And there are not so many loss traders.
Some time ago i saw article at "forexlive" they published actual statistics.


and you need to stop scamming people! you and your stupid EA! and your refund policy is such a big scam! i want my money back!

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