The unemployment claims that came out early today
Thank you, the website looks good.
Over all had great week made a few mistakes because I got greedy , I’m going to take a break like solid for a week or so and just get my mind right and set up a proper trading plan for my self
Gold was trading really nice this week ,
Made over 200+ plus pips
Made few mistakes with usdcad
But over all great week , few mistakes I made was I closed few of my trades way to early
Only to find out few hours later take profit would of been hit I’m still learning everyday
I just need to not get greedy and not rush into the market I guess that’s when my ADHD comes in
All good trading can be stressful sometimes . this week especially today was kinda stressful , I had to scalp usdcad to break even and I almost got margin call in the process due to over over leveraging , then I missed out on $1000
Trade witch would of given me a huge return this week , it was late @ night like I was placing a quick trade on my phone & by mistake I put in half a lot size 5$ per pip on gold witch moves so much , and I had very small equity like I would have been wiped within 20 pips regardless when I noticed my mistake I panicked was trying to get out as soo as I could with minimum loss and go back with proper lot size and then I ended up making a few pips then got out before you know it gold tanked 100 pips like Secconds before I closed my trade and my starting balance was like $30 so that would of been a crazy return oh well there’s always next time , had that trade gone against me it probably would have been a different story so better safe than sorry , still kinda Bummed out though but all good ,
Hope everybody had a great week .
I’m glad to hear you had good week. Gold is pretty good, I have short open from last week.
I totally agree with ‘not get greedy’ and ‘not rush into the market’, I make those kinds of mistakes quite few times.
You should be able to do it within 5 years, if you make just 1/2 of one per cent profit daily!
And that’s EASILY achieved.
If you make 1 per cent profit a day you will be there within 2 years six months.
And if - like me - you make at least 2 per cent profit a day on an average, you should be there well within 18 months.
Best of luck!
One piece of advice, though - stick to ONE currency pair and learn it THOROUGHLY. That way you will maximize your chances.
I think his journey ended long time ago
There is no magic formula to get rich…
If you had the means and mentality to become wealthy, you would be out there doing it (not you, LibertySilver, I mean
a generic ‘you’, everyone); the routes are many: real estate, business start-up, consultancy, patents, etc.
The Forex journey is only one of many, but I think that there could be a lot more truthfulness around its merits;
the thread could almost be parodied and titled thus:
[B]
“Journey from $25 to $ -10,000”[/B]
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