I really think you should stop trading.
You've traded for 8 years and have not had a profitable year, you simple aren't cut out for trading. It is nothing to be ashamed of, this is a very specific career which is great for some but not meant for everyone.
Someone suggested not to stop because you're right around the corner, or something to that affect. That is total nonsense, success in trading just doesn't come at you one day like you wake up one morning and you're suddenly a great trader. It's a journey, success is measured through personal learning and analysis. You develop little skills/techniques based around an edge/methodology and gradually continue to tweak that edge as you adapt to new conditions or variables that you hadn't yet encountered. These skills are little revelations, have you ever felt enlightened or seen the forest through the trees?
If not, you're lost...you probably should have came here after 3 years of trading looking for help on a methodology...after 5 years seek out a mentor...but at this point whatever barriers you have buried in your subconscious are probably too strong to overcome. You'll always be thinking about lost time and money.
Just one last thing, when you started did you set out a specific target or goal to be achieved within a time-line?
You've traded for 8 years and have not had a profitable year, you simple aren't cut out for trading. It is nothing to be ashamed of, this is a very specific career which is great for some but not meant for everyone.
Someone suggested not to stop because you're right around the corner, or something to that affect. That is total nonsense, success in trading just doesn't come at you one day like you wake up one morning and you're suddenly a great trader. It's a journey, success is measured through personal learning and analysis. You develop little skills/techniques based around an edge/methodology and gradually continue to tweak that edge as you adapt to new conditions or variables that you hadn't yet encountered. These skills are little revelations, have you ever felt enlightened or seen the forest through the trees?
If not, you're lost...you probably should have came here after 3 years of trading looking for help on a methodology...after 5 years seek out a mentor...but at this point whatever barriers you have buried in your subconscious are probably too strong to overcome. You'll always be thinking about lost time and money.
Just one last thing, when you started did you set out a specific target or goal to be achieved within a time-line?
So, how do we win in trading? What we need? Money, luck, good system, control emotions, or guidance or anything?