Giving up

Quote from Sucker:

I am thinking about giving up trading. After almost two years in the business I just couldn't make a single decent trade. I start to wonder I am not cut out for this. Just can't control my emotions. I see the oportunities but just can't seize them.

I also think it's just a matter of time and if I would persevere I would fit into the flow and rhythm of the game in the long run. But the problem is: where am I going to get the money to? I just don't have it. My initial stakes were borrowed and they're all gone...

:( Poor me.
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Hi Sucker,

Try Forex. Try a free demo from a Forex broker (I think that the demo from CMS-Forex has no time limit). Papertrade with 10K. If you loose them, try another demo. When you one day have made 100K, try real trading again - with a small amount.
 
Quote from rickty:

Sucker,
Have you (or would you) consider systems trading? Most, if not all, of the emotion is taken out when trading a system. You just need to follow it religiously and try to emulate the "backtest" going forward.

Richard
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Also a good idea.
 
Quote from BSAM:

Baruch.....

Are you aware that Sucker started this thread on twelve / eighteen / two-thousand two?
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No, but who cares? The problems for traders are still the same. And I suppose that will not change.
 
well yes...I can agree...This is motivation that I can identify with.

Michael B.

PS. Suckers last post was 12/24/02....Let's all bow are heads...


Quote from aphexcoil:

Sucker,

Find an edge and trade it. If you don't have an edge yet, stop trading until you find one -- then trade it.
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Quote from aphexcoil:

Sucker,

Find an edge and trade it. If you don't have an edge yet, stop trading until you find one -- then trade it.
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Right. A good trading system gives you an edge.
 
I think Baruch is just bored. He's been dragging up quite a few old threads from the basement.

Maybe it's raining where he is . . . :p
 
Quote from BSAM:

Baruch.....

Are you aware that Sucker started this thread on twelve / eighteen / two-thousand two?
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bsam its suckers weekend. this weekend we talk about his failing and next weekend we focus on where he is now. this is the second old post of suck yesterday i told them the same thing. sucker left us 6 days after starting this post. i will remember suckers positive out look on life and how he always bounced back. sucker is like john belushi he came and left our life so fast. also like john leaving us animal house and the blue brothers well sucker left us a post or two. so does anybody know what happen to sucker or do i need to make up a good story.
 
There are rumors about sucker working feverishly to gain capital to trade with. He has an idea on how he will trade this next time. HE HAS FOUND AN EDGE. (he discovered MrMarkets website, No?)

Michael B.
 
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