Hey Guys, I am relatively new to forex trading and this is also my first post in this forum ( or any forum for that matter).
I am wondering if I may be getting scammed by my broker and I’d love to know if someone could possibly give some insight.
I have been trading live for about 2 months and I am confused on how I could be losing so many trades. I have tried trading reversals, during trends, trend retests etc but every time I make a trade, it goes against me almost immediately. I am not trying to blame anyone else for my mistakes but the fact that they reverse immediately almost every time and that virtually 90% of my trades go against me, I am struggling to realise how I am so wrong, so often.
I have previously read about brokers executing opposite trades to new traders but I’m not sure if that could cause the market to reverse immediately or not. I have also been thinking that I could also just be getting screwed in liquidity pools but I can’t be sure
Has anyone also experienced this problem or have any suggestions?
Thanks in advance!
(PS apologies for the huge story)