Why is trading so difficult?

traderGOD said:
I have been learning and studying technical analysis since 1994 but i still cannot turn a money profit.
I do not make a loss in demo/sim.
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Hello traderGOD,

I am still in sim/paper as well, soon to go live.

1. What do you mean by "I do not make a loss in demo/sim."? How many trades with no loss?
2. What are your performance statics in paper vs live?
3. Are you trading the Exact same way in paper/demo/sim as when you trade live? In other words, are you using real emotions, commissions, trading platform etc.?
4. Are you using the same trading style in paper and live?

I can try and help, if you provide a bit more information.
 
SimpleMeLike said:
Hello traderGOD,

I am still in sim/paper as well, soon to go live.

1. What do you mean by "I do not make a loss in demo/sim."? How many trades with no loss?
2. What are your performance statics in paper vs live?
3. Are you trading the Exact same way in paper/demo/sim as when you trade live? In other words, are you using real emotions, commissions, trading platform etc.?
4. Are you using the same trading style in paper and live?

I can try and help, if you provide a bit more information.
More...
actually i have not traded sim for 2-3 years or maybe more....

my problem is too little capital so i try for too big wins. that is my problem.
that is not easy to fix
i have been trading for too long not to know my problem
 
traderGOD said:
actually i have not traded sim for 2-3 years or maybe more....

my problem is too little capital so i try for too big wins. that is my problem.
that is not easy to fix
i have been trading for too long not to know my problem
More...

traderGOD,

Have you tried trading with 1 contract and slowly building your capital?
 
Because unless you trade a market that has a 1 directional bias in the long term (like the stock market), you are literally fighting against gravity. Trading a market that swings sideways in the long term is trading a market that doesn't have a statistical edge. The further away from 0% returns you are, the less likely.
 
traderGOD said:
i am 61 years i might die before i finish this post.

slow is no use to me i need to make a million usd yesterday

yes i can start slowly to build so i am trading with 25 usd
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traderGOD,

I agree with you! The goal is to get a million trading.

Have you thought about topsteptrader services for capital needs?
 
traderGOD said:
my problem is too little capital so i try for too big wins. that is my problem.
More...

traderGOD,

Problem:
i try for too big wins. that is my problem.

It seems like your problem is

1. Inability to know when to take profits.
2. Defining profit targets
3. Knowing when to take profits.

FYI, I struggle a bit with this as well. I really try to watch the price action closely to decide when to take profits. My stoploss is normally a defined amount of money per trade.

Solution:
1. What is your average Maximum Favorable Excursion (MFE) and Maximum Adverse Excursion (MAE) for your previous trades (maybe the last 200 trades)? If your MFE for the past 200 trades is 30 ticks. Then start taking profits around 25-30 ticks.
2. Choose a resistance or support level to take profits.
3. Use Reward vs Risk ratios to take profits. Try to aim for R:R 1-2, then with a win% greater then 50, you are profitable.

Once you get a good win percentage and it is consistently, Scale up for bigger money.

You could have a million dollar strategy, if you get your profit taking correct. Remember, let the performance metrics make the decision for you. I track my Expectancy and Risk vs Reward as I manually trade. This tell me if I am on the right track.

Let me know if this makes sense or helps you.
 
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