Should I throw in the towel after being in the negative for 10 years?

[cubresnTorwz]

I understand, I should know better, but in case you've been trading in forex/financial markets for about 10 yrs., and way negative, then you better throw the towel, and say I am out. . .hasta la vista baby

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Today is Currency Market binary.

[esvont]

Questions to ask oneself:

If my business has not been successful in the past 10yrs what are my opportunities to profit from it in the near future?

Has this become an addiction?

[djNornesn]

I understand, I should know better, but in case you have been trading in forex/financial markets for about 10 yrs., and way negative, then you better throw the towel, and also say I am out. . .hasta la vista baby

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Now is FX binary.

Im new to this forum, but have been trading for like 4-5 decades, just currency. I might definely counsel you to consider different options compared to trading, if you've been at it for ten decades!

Good luck

[cubresnTorwz]

Questions to ask oneself:

If my company has not been successful in the past 10yrs what are my opportunities to profit from it in the near future?

Has this become an addiction?

Trading wasn't a company for me, only an adventure into a new journey. Only lately, for recent years, started to think trading as a business. But in the moment, the base of my soon-to-be-a-business is about the trial-error basis!

[Horr]

It's against you for certain, looks like just because of the $6 disperse though to be honest, which is much like regular Forex trading.

The advantage is you've got a mended Max Loss sadly additionally Max profit but there is no line in the sand in which your stopped so you get the anything can happen variable, a swing against you won't knock you out of this game.

I would go for cheap dailys both sides before large news, risk $50 in total with a good shot at getting the 100 so doubling your money, but speaking NFP here.

The ladder/one touch binaries on IGIndex (from the UK) are priced so the trades with great risk/reward are outside the daily range of a currency pair. To put it differently, the chances are that price won't get there by the end of the day.

I've also noticed that if the market is trending well in any way, say short, the one touch binaries that cover out on the short side won't be accessible, as of course IG would rather you wager the market was moving at least likely direction!

And yes, you can't get stopped out on a binary, but if price goes 100 pips up throughout your (theoretical) cease area, like a fold large, how do you think its going to make the trip down to your target, which will probably now be twice the daily range?

And how likely do you think that will take place from the New York session which frequently has no direction?

So surethat you wont get stopped out, but give me a stoploss daily compared to the aforementioned negatives.

[noniu]

They say 10 years is the time needed to become an'expert' in something.

In the event that you still can not get the edge at this (don't blame yourself, it's not for everybody, the 5 percent stats are only natural), then search for other items where you are able to obtain the border, there are many other venues in your life. The important is to have fun and be financially free/independent not spend your life in front of a screen hoping to make millions. lol

[esesesnesgakzesSwz]

Candle it seems that you dont have the plogy required to trade profitably. Maybe you should begin looking to handle EA's that can make you profitable or investigate mirror services such as Collective2 that will let you put together a baby hedge fund. You might not have the capacity to exchange (that I NEVER could manually but I am a developer by trade therefore creating EA's became my path to profitability after 2 years) however you understand Foreign Exchange enough to assess performance of the others and use this knowledge to your benefit.

[cubresnTorwz]

I said trading the CME futures soybean, and 30yrs. Bond market at first. . .it was great, specially when you can go physically and observe those men freaking each other out on the ground

I left shitload of money, but for few days got stuck in limit down orders where I dropped my top

Forex was my new trip began around 2004, and yes I had good years, but then again, blownout accounts one after other most recently, mainly because of my kamakazie manner of trading.

So here is my new journey: https://www.forexforum.co.za/trading...le-system.html

[KesSoudtt]

You and 10 years can't trade?

I would say give up.

[esvont]

Trading was not a business for me, only an experience to a new trip. Just lately, for the past couple years, started to consider trading as a small business. But in the moment, the foundation of my soon-to-be-a-business is about the trial-error basis!

An experience, you stated it. Now we can focus on business and be profitable. By beginning this thread reveals determination and a want in changing your current trading effects. Perchance a curve in your equity line is not so much BUT the key would be to see trading no longer as a journey but as a business.
A trading journal will def. Help you in the long run.
Cheers.