Getting Discouraged
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  1. #1
    Join Date
    Apr 2006
    Posts
    21

    Unhappy Getting Discouraged

    How do you keep from getting discouraged? I have been reading the school here, plus info everywhere else on the web, looking into ebooks, and mentors; and I am overwhelmed. Aside from making money, what do you do to keep from getting too discouraged and wanting to quit? I am beginning to think that maybe this is just not my forte.

  2. #2
    Join Date
    Apr 2006
    Posts
    23
    Don't put so much pressure on yourself, you will get it. Just take your time and learn at your own pace. Unless the bank is foreclosing tomorrow, you have plenty of time. I think if you try to learn too much too fast you will end up burning yourself out! Good Luck, don't give up on it.

  3. #3
    Join Date
    Apr 2006
    Posts
    22
    I agree with shiny, don't put yourself through all that. Just slow down, read a little here and there. Go at the pace you are comfortable!

  4. #4
    Join Date
    Apr 2006
    Posts
    48
    I would recommend that you would watch the market for few hours a day, with a half hour chart, especially at the beginning and ending of the 3 major sessions.

  5. #5
    Join Date
    May 2006
    Posts
    126
    Learn to master the trade before you get discouraged...

    And don't lose hope because it is only in the experience that you
    gain a lot of courage and wisdom...

  6. #6
    Join Date
    Apr 2006
    Posts
    48
    That is right. Confidence has to be built up slowly.

  7. #7
    Join Date
    May 2006
    Posts
    126
    When you understand it, you practice. There are many online practice softwares for trading available in the net for everybody's use. When you are
    able to practice and find yourself on the winning edge, then you will be confident that you would want to start investing. Never spend what you can't afford to lose.

  8. #8
    Join Date
    Jun 2006
    Posts
    29
    I am a newbie to this forum and to trading and I really find trading so hard also and I agree with ibpippin, I was almost discouraged but with all your advices, it makes me think, maybe I can do it afterall.

  9. #9
    Join Date
    Apr 2006
    Posts
    11
    Sometimes you have to put the book down and just jump in. And this is with a demo account, of course. Once you've got the basics, why not try a couple trades using a demo account. There's nothing real to lose, and everything to gain (experience)!

  10. #10
    Join Date
    May 2006
    Posts
    126
    That is what I am doing now, philantropip. I am trying demo accounts, hoping to learn more but will venture with investments later when I am confident. There are many free demo accounts on the net.

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