Hello from New Zealand!

I am a newbie at Forex trading. I’ve been studying stock trading for about 3-4 years now and have papertraded with good success but just don’t have enough money I’m willing to put on the line so turned to forex to help fund my stock account. The lower deposit amounts and higher leverage are very appealing!

I’ve tried many systems with mixed results. I think my downfall is holding positions too long, not long enough, getting scared and exiting too early and (most importantly) rushing out of fear of missing out.

I look forward to reading a lot of posts on this site and hopefully become a professional trader in the future!

Hello and welcome to our forex community! I do suggest you swing by our Trading Psychology blog for some tips on risk management and holding on to positions: Pipsychology - Forex Blog: Psychology of Forex Currency Trading Hope this helps!