Frustrated learning and losing

[Turveyd]

Markets, uncertainty of it all and risking real $$$'s cash make for poor decision making big time, trading really really isn't that hard, if it's hard your doing it wrong in short, it's easy, but over thinking it is the issue we all suffer with.

Market is going up, go long, simple, but instead we'll over think it, do nothing, then try to pick a top in the up and generally get our asses handed to us, when all we had to do, was not think at all, go long and handle what occurs.

KISS!

 

[Xela]

It irks me how I'm not making money even after all these years and after all the things I still need to learn.

Please excuse my pedantry, but it sounds - as is often the case when people are still losing after a long learning-process - as if it's more like "before" all the things you need to learn. I can't help wondering whether you might, overall, be looking at trading in terms of profit maximisation rather than of in terms of risk management (if that's so, a major shift in instinctive perspective and orientation is perhaps needed, rather than just learning/re-learning the things you've indentified?)

 

[Trading Education Buyer]

Please excuse my pedantry, but it sounds - as is often the case when people are still losing after a long learning-process - as if it's more like "before" all the things you need to learn. I can't help wondering whether you might, overall, be looking at trading in terms of profit maximisation rather than of in terms of risk management (if that's so, a major shift in instinctive perspective and orientation is perhaps needed, rather than just learning/re-learning the things you've indentified?)

That will give him more light at the end of the tunnel , until he discovers more demons and deficiencies which leads to further losses , after that he will continue looking at other weaknesses /improvements after losing more .This cycle can continue after more losses.

 

[pk3r1234]

I'm on 2 years and feel retarded for not being able to make anything serious.. But I'm also only trading with 100 share lots so it's my fault. My biggest problem is lack of movement, the only reason I make in demo is because of how often I scalp something that sets up and doesn't move and use 1000 shares +. Whenever I am live trading it's the same issues, lack of plays and boredom trading when I don't get a play for a week = losing + more size. this last year and more recently I've been studying better scanning strategies that make big points because I'm convinced that if a stock is going up any entry strategy will work.

 

[dilbert003]

16 years 3 heart attacks 13 stents, going blind and hearing voices and I m still at it daily. It s all the chicks that we traders get..that s why we do it.

 

[DDR]

Whats happening to you has happened to all great traders. The is no success without failure

 

[radex78]

Yes many success trader they also faced with failure and might desperation, but they never give up and eventually with seriousness hence will get what their goal

 

[Turveyd]

Yes many success trader they also faced with failure and might desperation, but they never give up and eventually with seriousness hence will get what their goal

Or eventually quit lol most people quit sadly, very few keep on going.

 

[dilbert003]

c'est la guerre! 2 years is still young..i did 5 yrs before i started having decent successful runs of a few weeks here and there. i came up with a method that evolved into what i use today..its a lonely game ..nobody does this shit with the intensity that i do in my rural area...its like as soon as i mention daytrading or even trading i instantly appear to be a leper purse snatcher..that s how they respond to me . Read every book that you can on trading and finance and technical. its a journey filled with passion, despair and hope and for some independence and ignore the negative people.

 

[radex78]

Or eventually quit lol most people quit sadly, very few keep on going.

Some of friend that interested in forex they very excited at first time learning but after realized trading is not easy eventually desperation leading them to quit