You are NOT alone…..trading and depression.

[vectors101]

if you can't withdraw all your money from your account for a month and not trade not look at the market not watch any business news at all ,,,,you are addicted.[

QUOTE]Quote from vectors101:

gambling addiction and fraud and market manipulation and cheating (artifical intelligence) is dirty secret in wall street that nobody wants to admit. [/QUOTE]

 

[vectors101]

gambling addiction is the reason for the downfall of all great traders.

Quote from QuantPlus:

The harsh reality is that 95% of you will NEVER make any money trading...
And 95% of you will never run a profitable restaurant, etc...
Because that's how ** competitive ** the business world is.

Students and people in their 20s just have NO IDEA how hard it is.

It's not just a trading business...
This pretty much applies to ANY business.

Anyone who tells you otherwise is:

(1) Very naive

OR

(2) Lying to you so they can sell you something

The sooner a person in that 95% realizes they cannot win...
The better off that person will be.

 

[vectors101]

when they say pigs get slaughtered it means don't try to steal too much from the market makers and brokers who are price leaders and control the market via market manipulation.

when you are trading , your profits are from the market makers or losses of other traders.

Quote from vectors101:

if you can't withdraw all your money from your account for a month and not trade not look at the market not watch any business news at all ,,,,you are addicted.[

QUOTE]Quote from vectors101:

gambling addiction and fraud and market manipulation and cheating (artifical intelligence) is dirty secret in wall street that nobody wants to admit.

[/QUOTE]

 

[vectors101]

close your account, get a REAL JOB if you can. you can still play this game part time.

the market is not about trading for a living that what market makers do...the market is a casino to make some EASY MONEY not work for the money...

Quote from ml77:

Hi,
I am only 20 years old and I have traded stocks and more recently futures. I already lost unbelievable amounts of money for my age and this is very tough. Now I don't want to use my account any more !
I am hoping to find some people able to get my account up again. So, I am currently looking for automated trading systems or block account traders with good performances for my account. But it's hard to trust them. I even sent an email to an excellent trader that posts messages on this website !
I am really desperate, I need to regain confidence and money in my account !
Good luck to everyone

 

[vectors101]

It's not a business...and told think it's a business or job. it's a way to make easy money man.

Quote from ml77:

Hi,
I am only 20 years old and I have traded stocks and more recently futures. I already lost unbelievable amounts of money for my age and this is very tough. Now I don't want to use my account any more !
I am hoping to find some people able to get my account up again. So, I am currently looking for automated trading systems or block account traders with good performances for my account. But it's hard to trust them. I even sent an email to an excellent trader that posts messages on this website !
I am really desperate, I need to regain confidence and money in my account !
Good luck to everyone

 

[vectors101]

like i said many times if you are losing

1. it's either your technique is not good
2. your emontional stamina is not good
3. you don't know how to trade or care to learn ,you just want to gamble .

Quote from ml77:

Hi,
I am only 20 years old and I have traded stocks and more recently futures. I already lost unbelievable amounts of money for my age and this is very tough. Now I don't want to use my account any more !
I am hoping to find some people able to get my account up again. So, I am currently looking for automated trading systems or block account traders with good performances for my account. But it's hard to trust them. I even sent an email to an excellent trader that posts messages on this website !
I am really desperate, I need to regain confidence and money in my account !
Good luck to everyone

 

[vectors101]

don't be be paranoid if the market makers are trying to screw you during intra-day, they are trying to steal you money--it's their job to rob you...it's artificial intelligence, the computers knows your stops and positions.

Quote from ml77:

Hi,
I am only 20 years old and I have traded stocks and more recently futures. I already lost unbelievable amounts of money for my age and this is very tough. Now I don't want to use my account any more !
I am hoping to find some people able to get my account up again. So, I am currently looking for automated trading systems or block account traders with good performances for my account. But it's hard to trust them. I even sent an email to an excellent trader that posts messages on this website !
I am really desperate, I need to regain confidence and money in my account !
Good luck to everyone

 

[joeb8822]

Good God GUYS

WOW i feel like I just watched Beaches after reading posts

Anyway first thing you do when trading is know how markets work !!!!!!!!!

then the indicators, trading plans and money mgmt. will come in to play, when you trade the futures markets they are ZERO SUM
- commish 4-5 bucks round turn
so if you say we all loose that is impossible, can't happen & no way, you see the market does not pay us, traders pay us

the looses are like lunch for the tigers, you need to find where the looses are in order to trade

your next question is ok smart ass how we do that!!

well there are many ways but first you have to know what kind of trader are you

Scalper, 2-3 pts, trend trader ( meaning looking for 5-8 points )
position trader ( Meaning overnite carry )

That is big prob. for traders you may get 2-3 pts on S&P points
get out of trade and it runs 4 more so next time you take trade
you get 3.5 pts and you hold for those 4 more you did not get on last trade then it goes against you 4 and the looses begin to mount you will not get out maybe you add to your position ( that is always a great idea ) LOL and it runs 2-3 more and you end up puking the entire trade

That is just one case that WILL happen, you need to know who you are and why you trade before you put on your position how much do I expect to make ( but really I mean how much can I take from my fellow trader ) sad but true.

you need to know why and who is going to pay you, time frame
is huge on this, shorter the chart time frame less you will make
but less heat on trade

best thing to do is walk away from your comp right after every trade get some water go pee whatever just get away, winner or looser, that way if market keeps on going you dont suffer regret for getting out or if loosing trade you know you will look for impulse trade to get money back, that trade is sure to be another looser

I could go on and on but really you guys and girls if you put on trade just ask your self one question

( WHO AND WHY ) because they will be the ones paying you

P.S. I do have indicators that help alot, but what helps most is
getting up after every trade.

 

[jdizzle]

So the stats say 95% of traders don't make it. But how many of those 95% are just shooting stars burning out after one try? People that tried it once or twice because they thought it was easy money and then quickly realized it wasn't easy money and wasn't for them and then quit? What would the % be for people that have kept at it repeatedly I wonder?

 

[joeb8822]

Good point jdizzle

what % of people dont make it in business

hmmmm think about that, most fail in first year doing anything

but people still try to make it, and the ones who
work harder and smarter and dont give up are the ones who prosper