I still feel like a POS...
Page 1 of 843 123 LastLast
Results 1 to 10 of 21

Thread: I still feel like a POS...

  1. #1
    hi guys. .
    I need some words of wisdome. . Or some words of inspiration

    After learning for 3 years
    I feel myself just like a piece of ___


    After trying many system
    And develop my own system

    everything same from the begining,
    the market like know where I am,
    the second I enter long, it will went down
    to make things worse, the market will soon laugh at me, come back at the area I long and make it like a resistance ( no prior resistance at that area for previous year eventhough)
    vice versa for brief

    I tried various techniques. . Nothing seems working
    the only guarantee is. . My entry will produce the price turn away
    (I have help my fren make a few bucks so, ask them to trade just opposite of my commerce )



    And money management / RR I believe is POS too
    if I risk 1% per trade, I'll loose 1%, in 100 times before my account is drained ( btw I using demo, after all these year, I cant even make a few bucks, or percent of pips)

    And risk rewards is POS too... someone state risk 1 and target 4x the risk, there's absolutely not any proportion of the price will reach some target also...


    And all system is just useless...
    for me personally. .

    Trend is your friend is nothing because fad (no matter in which TF) will turn instantly the minute I enter

    buying dips and selling rally is not anything too cause price will reverse the instant I enter also



    I feel so useless...

    All I wanted is to make a few bucks so I can buy some biscuits or snack for myself. .



    I need some inspiration speech or something


    After wasting so much time learning. .
    If I giv up than the time is truly wasted...


    I'm so confused

  2. #2
    Quote Originally Posted by ;
    My proposal is first go to fxstreet and search for Sam Seiden's webinars. Go through all them. . .you will find a way. .
    Thanks... I will definately do this

    I have a fantastic hunch about this... reason that he and I have same name,...

  3. #3
    Just curious, sam. Are you currently trading on intra-day interval?

  4. #4
    Hi Sam,

    Let me see if I can help you here... first of all are you consistent in your approach? That means do you take every transaction your system gives you ? Or do you sit out for a little before jumping back ?

    The reason I ask is that if you are trading technically then consistency is the only real friend. If you begin to pick and choose your trades sods law states you'll choose on each one of the losers.

    Now to the facet of the markets watching you... we all feel like that at any time or another and truth be told if you trade price action that I do, then this feeling is ony natural because the entries are coming in areas where the market is only going to go one of two ways for the most part... it will bounce or it will burst! So if you are trading fractures then the times when it bounces you'll find you are buying the top of the day or low of the day, this can be natural for this kind of trading.

    Would you tell me frankly you've truly back analyzed any system you've traded? I mean to the point where you have detail statistics? Trading is very much about confidence that it sounds like you are out of. You won't execute in the heat of battle, unless you have the confidence on your own system and you'll lose money. You find they turn as soon as you input and will chase trades.

    Honestly I can not emphasize enough how important consistency is! You MUST be able to execute as a robot, especially if you are trading intraday! A let entry can mean perhaps 20-30percent of your profits gone rather than firm is able to consistently give away profits like that.

    I'm going off in all sorts of directions here but I guess what I am trying to say is the trick to your success is focus and confidence on your system. So the recipe for success =

    1: Find a system which you think in as in the core of that program you think works. For instance I am a type of swing/trend trader, so I think in entering on the bounces, I think that as long as the market is trending I'll make money this way. However, I also know that I'll take reductions.

    2: Test that system, build detail stats

    3: Demo test to acquire implementation

    4: Live test with a little account to master your emotions

    5: Build out there

    One last thing! Adopt your losses as they are guaranteed! You Can't avoid them so quit trying:-)

  5. #5
    Quote Originally Posted by ;
    Thanks Buma... I will definately put people in my read-list. .


    I consider myself as day trader. . Depart the trade by end daily
    and maybe if the tendency is strong I will hold it for couple of day

    I used to try scalping. .
    But I discovered I not have so much energy and time to perform it. .

    I attempted long term trading prior to
    but the drawdown is immense. . . . Not great for small funding
    So you are spiralling down to melancholy. The excursion's H___, the destination's amazing (as stated by the market emotion cycle): Realism sets in.

    One factor at least some PA traders understand is that end of day is a artificial exit. Stops that are based on a system's reason/logic as well as entries and exits are better. So it's not the method, it's how you handle your cash.

  6. #6
    Quote Originally Posted by ;
    Sam, just curious. Are you trading on timeframe?
    I usually do one or two trades every day. . They will be exited by and . .
    Or occasionally if the tendency is strong I will move my stop and stay on. .

    I not sure which time frame
    I've tried trade greater timeframe for long-term commerce
    I also tried trade shorter time frame
    but none actually work out... I tried all out of 5 minute charts to daily charts. .

  7. #7
    Quote Originally Posted by ;
    Hi Sam,

    allow me to see if I can help you here... first of all are you consistent in your strategy? That means do you choose every trade you are given by your system ? Or would you sit for a little before jumping back ?

    The reason why I ask is that if you are trading technically then consistency is the sole friend. Sods law states you'll pick the losers all if you begin to pick and choose your transactions then.

    Now to the aspect of the markets watching you... we all feel like that at one time or another and truth be told if you exchange price...
    hello Nexas

    I need to be honest. . I have no confidence in any platform

    and I do choose my transactions. . Based on what the system state
    some said goal must be 4x your risk, if do not enter,
    a few with distinct calculation...
    and when id o loose, I sit back a while, than come back with same principles in the system

    so far none that I attempted is work
    I do write really straightforward EA before
    also it functions, on couple years sample data I see equity line extends up
    but when I put them to reside, I only seeing the line goes down. .

    and. . Must agree with un
    loses are guaranteed...

  8. #8
    And what is much more fruing is
    a few ppl wil get consistant income following months of learning
    and they begin to make from reside account

    And after so many years learning
    forfeit my time for other items
    forfeit my chance of better pay occupation (cause of the freedom of my current low-pay endeavor to research and transaction )
    I is nothing

  9. #9
    Quote Originally Posted by ;
    and what's more fruing is
    some ppl wil get consistant income after months of learning
    and they begin to earn from live account

    And after a long time studying
    forfeit my time for different things
    forfeit my chance of greater pay job (cause of their freedom of my current low-pay job to study and commerce )
    I still is nothing
    get positive attitude, pray to God, and learn even harder. Eveyr morning before sleep and later, say: I am the best trader in the world, I am consistent, profitable, and own the market. BELIEVE IT.
    You'll make it.

    I know im 14, but I got some starting points for Simple PA trading if ud like
    my skype: FXCalibur

  10. #10
    35 individuals couldn't count on two hands how many times I've seen those winners evaporate in a couple of months.

    You have to realise that individuals will showcase their profits but go numb quickly when they're in the red.

    Do not compare yourself to other people.

    Give it some time, away from the monitor. Do you understand what Prince stated, the musician I mean, before he shut his website lately?

    Anyhow, these computers and digital gadgets are not any good. They just fill your mind with numbers which can not be good for you

    Yeah, get out those numbers from yer mind...

    Quote Originally Posted by ;
    and what is more fruing is
    some ppl wil get consistant income after weeks of studying
    and they Begin to earn from dwell account

    And after a lot of years studying
    forfeit my time for other things
    forfeit my chance of greater cover job (cause of their liberty of my current low-pay job to study and trade)
    I is nothing

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  
This website uses cookies
We use cookies to store session information to facilitate remembering your login information, to allow you to save website preferences, to personalise content and ads, to provide social media features and to analyse our traffic. We also share information about your use of our site with our social media, advertising and analytics partners.