Hello friends, it’s been almost 4 years, and I’m still not profitable. I haven’t figured out what I’m doing wrong. If you were in this situation, what would you do? I’m curious about your thoughts.
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After 4 years (and actually well before that) I’d start asking myself whether I’m sourcing my education in the most appropriate and potentially beneficial places, what other places and methods are available, how I can access them and whether the people whose information I’m currently exposing myself to are actually making their living from trading or from marketing and promotion.
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Check out this post as well as the links within it: https://forums.babypips.com/t/hi-everyone-a-loser-trader-here/1257569/8?u=mattymoney
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I would stop trading and seek out the simplest and most objective strategy I could find, run it on D1 in demo and understand why it works (or doesn’t) for me.
I began my forex trading journey back in 2005, but it wasn’t until 2015 that I found success. If you’re passionate about this path, stay committed and trust that success will come, regardless of the time it may take. Remember, everyone’s journey to success is unique and unfolds at its own pace.
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It’s truly as straightforward as finding the information that can guide you towards success and enhancing your understanding; a crucial aspect indeed. 
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Good thing to remember (and reminds us all how difficult it is to give advice to people you don’t really know, too!).
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The market is overflowing with a vast amount of information, and there are many individuals seeking to take advantage of newcomers without their awareness.
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Takes time . The only way to do it is via the process of elimination
Took me 15 years to crack gold via process of elimination
Sell gold when Tokyo opens
Tp 300 pips
Your welcome
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Go back to the basics, Start Demo trading again. Do not use real account until you are confident enough. Meanwhile try to grab much knowledge as possible. Watch live trade sessions of successful traders. and compare with the way you used to trade / after a demo trade.
Hope you’ll get into the correct path soon. and start recovering your ROI! Good Luck!
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hi @M0RDER
I can tell you that I have been in this situation myself and at the beginning of their journey most people lose their money.
My experience of getting out of a similar situation:
At the beginning of the path absorbed all the information, tried everything that was in the public domain and paid, from levels to Ishimoku, but for some reason my account burned. Then I started to correct discipline and risk, and over time I started to keep my account in a small profit. And the most important thing, in my opinion, is to be able to work with timeframes (I use MT5 and all 21 TFs), support on m1 can be a breakdown on H2, when I learned to put together a picture based on all TFs, the result became in my favor.
Do not despair, you just need to study and look at the market from different angles.
Good luck!
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If I were in your situation, I’d focus on refining my strategy. I’d analyze past trades for patterns, track my emotions, and review risk management practices. Consistency and discipline are key. I’d also consider seeking mentorship or using demo accounts to test new approaches before real trades.
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Sorry Sunday institutional trader turned gold to buy now buy
Hi, as a newbie myself I think that were I in your shoes I’d start with these very practical questions:
1 - Have I a strategy?
2 - If I have a strategy, has the strategy proven to work for my trading conditions (see below)?
3 - If the strategy is proven to work, am I following its rules exactly?
4 - If I’m following the rules, am I practicing good risk management?
(I had the same problem you have, turned out that my strategy was generally good BUT it couldn’t work with my TF. Question #2 was game changer for me. Now I’m working to make my strategy suitable for my TF and I’m not trading until I make all the necessary corrections).
Hope it helps. Keep on grinding.
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You need to explain more about your strategy (or whether you even have one), document your trading journey to keep track, and describe how you’re optimizing your approach.
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most people are too lazy and spoiled to do the required work for a winning system
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Some, for sure.
But I don’t think that’s the common problem.
I think the common problem is that they don’t actually know how to.
That‘s because they’ve “learned” to trade from online “information” and never read a book like Beyond Technical Analysis: How to Develop and Implement a Winning Trading System by Tushar S. Chande or Profitability and Systematic Trading by Michael Harris, either of which would easily teach them how to do that.
So instead they try repeatedly, combining mostly useless indicators more or less randomly, but nothing works reliably enough for them, and they gradually get disillusioned, which maybe makes them look lazy or spoiled.
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im just stating undeniable facts about human nature
Do a journal on here and see what feedback you get.
You gotta do wat no one else is doing I been doing this 16 years one of the main things to do is challenge people on every forum post things like try and beat me . I’ve been banned by every forum but look at me now I predicted the depression. I’m pretty much the best trader out there now .
Go against the grain
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