I hate trading but I cannot stop

Advice I would give to someone in the same boat.

What if u knew that 20 years in the future, not only you wouldn’t make a profit, but will burst your account every year ? (Just take a look at the past years of dismal results)

Would this make it easier to quit and get a job ?

You know this : you’re always wrong. Your poor charting skills some how have a hit rate lower than a 50% coin flip which is ridiculous !

Pain of FOMO seeing helplessly the market make thousand dollar moves (on hindsight) , is better than losing more money.

At least 90% of people lose money, why are u unique ?

U hate it but u do it. Its an obsession. Why is it like this ? I dunno.

U can’t run a 100 meter race under 10 secs… why are u ok with it ?

U can’t make a cent literally in ANY market… why can’t u be ok ?

Anyone with the same issue ?

When I win (which is like 10% of the time) , i don’t feel happy,
However when I Lose I feel depressed, suicidal.
I know i should get a job but I have no interest in anything else

How do i stop this ?

(Using technical analysis for many years now , mainly scalping in M5 M15)

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Get a job.

Reduce your trading decisions to following a simple objective strategy. Demo trade this strategy until it is second nature, like walking in a straight line.

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Sounds more like gambling than trading , either educate in the process or seek help to quit and get a job

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People enjoy gambling…

I’ve been using charts for years… Not sure how else to make it less of a gamble though

I do very small sizing… but bleed away my account slowly.

I look at it as a job and treat it the same way so becomes a business and not a punt , pays me very well

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I agree with you. No point stressing out. Just be calm and everything will be alright.
All the best.

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I… would probably look for a therapist…

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it might not be easy its difficult when you feel your in a rut but gradually try new things outside of trading could be an activity/hobbie ,education ,college course ect, if you do find something you enjoy doing and it gives you a sense of self esteem this may help you know what you want do or achieve

I think @ponponwei has a point.
Many big bank traders work with therapists on a regular basis to cope with stress.

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Better take a break if you feel that bad and start afresh when you are motivated enough and have the ability to stand losses. No point stressing out that much.

What exactly is making you so upset? Is it that others are making money in the market and your not? If that’s the case then you need not worry as I know tons of experts that have lost a fortune as the market rallied higher. It sounds like your trading too big and need to take a step back and remember what’s really important. It’s only money at the end of the day so never feel like it’s the end of the world.

Winning and losing are both parts of Forex trading. It’s not compulsory and obvious that all your strategy is going to be a win-win situation for you may happen that you lose out sometimes Don’t be depressed about it correct the error and try again.

your mindset is probably the most important factor and key to success.Patience, not revenge trading,accepting losses ect , so if it not right you probably end up been self destructive and unhappy

appreciate your comforting.

I trade very small. But im losing more than i make…

Say 0.2 per trade… lost 80% of the time… slow awful death
Candles keep defying patterns. I really tempted to just do the opposite of what i usually do…

Sad to say may not have opportunities for work

You have to make some changes if you want to see different results.

First thing I would recommend is to get a job,

The second thing I would say is to get off the 5 minute time frame. This is for very experienced traders. Focus on the Daily, 4H, 1Hr (maybe add the weekly too). You have to be completely OK with missing trades, waiting for trades (patience) and preserving your capital as the top priority.

All you need is one good trade per week at 1:2 risk reward and you are at 8% ROI per month. I bet you would be happy with that compared to your current performance.

Clear your screen of any indicators and develop rules to trade from a naked chart only.

But above all else, if you lack the self awareness to stop yourself from doing the things that have been sabotaging your account, no method will save you.

Why not start here and refine as you go.

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Having consistency is the most important thing. Your knowledge is your weapon if used correctly on growing market.

Take trading seriously but do not get overly attached to its outcome. A lot of people with serious attachment to trading when they’re losing witness a horrific financial trajectory. It will be helpful to pause and analyze your situation. Good luck.

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Educate and train yourself more. You need to have considerable knowledge. Work harder on your plan and strategies. Consistency is the key for you.