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struggling trader
- Thread starter ebayuser
- Start date
Quote from ebayuser:
the market has beaten me up the past 3 or 4 months. I was a pretty consistent trader, now I cannot make a dime. I am not losing money, but I cannot make any. Everything I touch is immediately out of the money, so I am constantly running up hill.
Has this market had the same effect on anyone else? I am running out of ideas to break out of the slump.
Please help!
I had the same problem as you in the last 2 months...for a while I couldnt make a penny to save my life and before the last 2 months I was doing exceptionally well. With me, it was my confidence...I got scared of losing all my money because of the way the market has turned and I did lose a couple of thousand. It is harder to make money now but it can still be done. Just don't be afraid to pull the trigger if the time is right.
I have now made several small trades that were profitable and I believe I have my confidence back and am ready to start hitting it like I was before. I have seen it posted here before.."scared money will lose every time" and it's true. If you have no confidence in what your doing then you shouldn't be doing it.
Good Luck!
order flow has been destroyed. if u are trading solely off L2, it is extremely difficult to make money anymore.
get another job for a few years , save some money and come back in a few years
get another job for a few years , save some money and come back in a few years