I’m sticking with stock options cause i can’t stick to my discipline or rules.I can’t stand the extreme volatility and the fact that it’s open 24/5 days a week.It makes timing very difficult,they are so many players involve with different sentiments/views so it kinda drives me nuts.I’m gonna keep my decent winnings and will not give them back.when i feel like gambling i will get back into it to play agian.Getting stopped out and reversing minutes or hours later is making my trading decisions irrational.People are calling the stock market CASINO cause of the recent increase in volatility,FX markets are even worse.FAWK IT!!:mad:
Good luck with the stock options!
N
Let me see if I understand this, you are saying that you don�t like forex anymore because people thinks Fx is a gabling? or because you don�t have any discipline in this? Or because you want us to convince you that this a great market for you? I mean I don�t see the goal of your post, if you want to leave, just do it, that�s it.
Yea maybe you misunderstood me…I’m gonna repeat myself to you again
I’m done with forex!
If its not for you then its not for you — gl with options and i hope you have a better ride.
If youre considering forex ever again (and this applies to most trading situations) STEP BACK because youre not seeing the forest for the trees — youre letting the moves interfere with your confidence of trading with the trend, which will save you during this volitile time unless youre scalping the 30 second or one minute charts.
the “pros” trade the H1 chart as their background, with support and resistance overlayed and that way they also trade the smaller timeframes being aware of where the traps lay on the H1.
i find that by using the 15 minute as a “trend” it takes me thru the wild rides and ups and downs, and since i will never use a stop loss, what you state doesnt happen to my trades.
when trading these days, you have to KNOW where the price is going, otherwise the whippiness of the market will throw you right out, but this is simply what seperates the experienced traders from the newbs and is NOTHING but a learning experience !
not suggesting you NOT use sl’s, but perhaps you simply have them too tight cause theyre throwing you out of the trade instead of serving as protection.
and for options, forex, stocks or trading cards you still need EXPERIENCE and the ability to see WHERE the trade is going — wish you luck, but really wish you were better educated and experienced !
enjoy and trade well
mp
[B][I]Within the great hall at Elfinore stands a wondrous coffer, precisely four cubits square and securely latched against the outside world. Inside that repository, shut away from impertinent eyes, abides many an intriquing trading secret garnered from around the world and over the ages !
As a child, i used to watch from the darkness as the secrets were debated and annotated by the elders. No one there held a single thought of my presence – BUT I KNOW WHERE THEY HID THE KEY !! [/I][/B]
Good bye my friend.
Good luck in your next venture…
Oh…i am experienced in forex but i trade it with emotions and i don’t know why. My predictions are about 80% accurate but i can’t stand the price action.i’ve made decent money from it so i want to hold on to it and i’m not saying stock/options are alot better.
pipfantastic you’re just a pu55y. 
The market moves fill orders and eliminate bias…
You place an entry order and you are filled
You place a stop loss order and you are filled
Because the market cannot move in 2 directions at the same time some one is left holding a profit and the market moves to fill that gap.
If you are looking for pixies and dragon’s then of course you will be disappointed!
But if you are observing the bulls and the bears you might just learn to enjoy reality!
I had to fund my REAL LIVE trading account TWICE. I am learning that when you start to trade emotionally, it is absolutely a fact that you increase your chances of making a bad trade. Thus, i find it helpful to revert to a demo account when you start to feel some pressure, which helps to alleviate it a bit.
Although it is costly to me (i’m trading a mini account, but it’s still costly to a fresh [ and kind of broke for now lol] college grad with the economy bringing a challenging perspective in terms of job prospects), I find that i’m continually learning. In my opinion, you don’t become the best at something overnight----if it was that easy, then we’d all be millionaires-----it comes from constant practice and the discipline to follow through.
Anyway, if your decision is already set in stone, then I atleast bid you success in all your future endeavours.
enjoy and trade well, whatever is traded
mp
If i was a pu$$y i won’t consider trading stock options either cause it also has losses.Anybody with experience in the markets trade whatever financial instruments they are comfortable with.Over-the-counter forex is not the only way to make money in the markets and personally it shouldn’t be traded.
:D, find a stock option forum already or go to this baby pips thread and quit your bee hatching!:
If you cannot trade like a robot then get a robot. It has no emotions or fears. It just trades. I prefer to trade myself but my better half does not want the bother so he got a robot. If you are interested to hear how it works for him, let me know.
Easy man… Relax! That’s what I felt when I first lost my money. What do you mean with “extreme volatility”? if you deposit 1000$ than just play at 0.3$! so the market is not at “extreme volatility” for you. You still could withstand a swing of 300pips or more.
If you deposit $1000 then you play with a lot sizing 10$, after it move 50pips you’ll say that market is at “extreme volatility” Right? everyone felt the same experience too…
Say… if you play with .3$, and you scalp for 20pips, that should go 6$ each trade. And if you consistently make 15trade each day, then you will have 1800$ by the end of the month. Agree? Even if you trade for 5 times a day, your account will grow to 1600$ from 1000$. Isn’t 60% profit/month awesome? keep compounding it for 3 years and you’re in financial freedom 
What? Only 60% a month? I’d rather trade stock options! 
:D, ok I am done poking fun…I’ll move on now.
That’s some very nice thoughts and i betchya about 80-90% forex traders have the same dream.Do you know about 99% of day traders lose? Do you have any idea what that $1000 can do with stock option with 1 or 2 trades a month?
I will agree that trading outright positions in a market is a lot harder than trading options.
It might have spiked to 99% when the mafia was running the Forex market, but now that things are getting under control it should be back around 90-95% of traders lose money trading an outright.
Still having trouble finding that stock option forum I see…
Unless you can place your trust in a robot, it’s all about the psychology.
HAHA very funny…Oh i’m a member of alot of stock/option forum out there.It’s just that i have to come back evey once in awhile to answer to people calling me pu$$y.