new 2 trading, lost 40% already :(

E

edtradernyc

im new to the forum and i signed up because i lost a lot of money given to me as inheritance. i traded the eurofx in commodities and found myself losing money more times than not.. i was told euro is high in liquidity so thats where i put alot of my money. this sucks because i started with 50 k and now im down to about 10 and im pulling my hair out..

what am i doing wrong ? i feel that im going to continue to lose more money because the market always turns against me at the time i least need it to...
 
Quote from edtradernyc:


what am i doing wrong ?
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You don't know how to trade, you don't have a plan and you're risking too much. Welcome to the jungle.
 
Quote from lescor:

You don't know how to trade, you don't have a plan and you're risking too much. Welcome to the jungle.
More...

Actually, not. Just the same droll troll who started all those "i quit" threads churning the ET cesspool here.

All of the real traders are gone from this site, quit posting aka ericp's explanation or lurk inside your thread alone. Look around you at all the other thread titles and topics. Compare that to 2001 when you first joined here. What difference(s) do you see?

signed off for the week or month, again
 
Quote from austinp:

Actually, not. Just the same droll troll who started all those "i quit" threads churning the ET cesspool here.

All of the real traders are gone from this site, quit posting aka ericp's explanation or lurk inside your thread alone. Look around you at all the other thread titles and topics. Compare that to 2001 when you first joined here. What difference(s) do you see?

signed off for the week or month, again
More...

Yip. So many of these dumb threads now.

I really have no idea what kind of moronic life wants to spend their time like this. Obviously someone who is very lonely if this is the way they seek attention.
 
Quote from edtradernyc:

im new to the forum and i signed up because i lost a lot of money given to me as inheritance. i traded the eurofx in commodities and found myself losing money more times than not.. i was told euro is high in liquidity so thats where i put alot of my money. this sucks because i started with 50 k and now im down to about 10 and im pulling my hair out..

what am i doing wrong ? i feel that im going to continue to lose more money because the market always turns against me at the time i least need it to...
More...

stop trading. Take a vacation. Come back and tell us what you think then.
 
Quote from edtradernyc:

because i started with 50 k and now im down to about 10 and im pulling my hair out..

what am i doing wrong ? i feel that im going to continue to lose more money because the market always turns against me at the time i least need it to...
More...

First things first
study elementary algebra 50-10/50 = 80% not 40% hope that makes you feel better:D :D :D
 
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