Yeah for sure i need to work on position sizing to be able to consistently profitable. Also, i need to avoid over trading which is the next hurdle to surpass.
Thanks for your input and keep posting to upkeep the positive vibe.
completely agree , there is no way to get improvement within overnight , gradually we have to develop this nature , so we should always focus on our daily improvement, if anyone doesnāt improve than last day , he will not become profitable at all.
2 Likes
Constant losses, finally lead me to write down my trades and everything, my strategies. i back tested for a month before going live again. eventually realized what mistakes i was making and here i am today all satisfied.
1 Like
good question
i really need some help
Sarkari Result Pnr Status 192.168.l.l
What should I do to prepare myself?
Patience is Virtue in Trading. Learning forex everyday and using that to make strategies helps a lot!
1 Like
Thanks for the advice @QuadPip. How long did it take for you to eliminate your fear of losing trades?
Took me about 1 year of intense screen time to improve my analytical skills and to get rid of my bad habits such as not trading with the prevailing major trend, taking trades because of FOMO and attempting to average down losing positions, among others. As my win rate increased and my confidence grew, the fear dissipated.
Now if Iām unsure about my analysis then I wait until price shows me where it is going before I will enter a trade. I donāt enter into trades unless Iām very confident that price will do as my analysis suggests. Of course I could still be wrong and in that case I will exit the trade and accept the loss in a mechanical fashion without emotion when that becomes evident in price action.
1 Like
I speak as a daytrader and scalper:
-no more entry prior to an upcoming signal! I mean entering a trade because āit looks the lines will intersect next seconds so i go now in to get a better priceā-in 70% of the cases they did not intersect and the trade was goneā¦
-Canceled the account with market maker and went to ECN account without manipulating my closing prices and spreads
-as i had the time, i played the game "i am a full time trader from 0800 untill 1700hrs.So i was not under time pressure as many are who say āokay, i have two hours free for trading, i must get the best out of itā (by the way-i think that is the main reason why so many private parttime traders fail in the official statistics)
-i cut the number of trades and took only āthe best of the bestā-from them i worked out the signals and just use these signals.
-as i traded and trained full time trading, i learned, that there are some times up to 3 hours when no trade ocurs (i mean no āsure tradeā)-in former times i became nervous after one hour no trade opportunity and said to myself-āfuā¦, now i must get in somewhere to make some bucks!ā
You can fancy the results of such tradesā¦
-no more āgamble tradesā just for fun
and at last an old trader proverb a little bit modified:
ā10 pips a day, and in may i am away!ā 
3 Likes
Reading all the answers I feel a weirdo. I have studied technical and fundamental analysis of companies, and everything was losses. Until I began to wonder what could be my advantage against big capitals. The only advantage I have is that I can get in and out very quickly, or in other words they can take several days or weeks because of the large volume of contracts they may have. Then I wondered how I could spy on their positions, and found the COT reports. These reports contain all the positions of all market players classified by type. When I was able to understand all that number of numbers, I realized that I am only able to win when they are deep inside and want to get out of the asset. If they are not within the asset, the value is freer. When they want to leave the asset, the address can only be a long-term one, if they are too short it will have to go up, and if they are too long it will have to go down. The confidence is so great that I no longer use STOP LOSS, and my operations can be extended for many months. I do not recommend my operation to anyone, but it is the only profitable found so far. I feel weird because in a year I can do 3 operations, when others do 3 operations a day. The knowledge of financial options (not binary options) was also a great discovery. Being a programmer, over time I became a software that facilitates decision making.
1 Like
Lots of research.
Learning the basics through demo first.
For me it was when I lost 15 consecutive trades in a day . The money i lost was so huge that i couldnāt trade for 6 whole months because i had to recover my losses. All i could learn from that experience was that trading is not as easy as it seems when you make a profit. It can not just make you rich but it can make you bankrupt as well. Plus greed and patience is one thing which will never let you take logical decisions.
anyone can be profitable trader , its not a bid deal , the main issue is to keep continue the same profit ratio.
No I am speaking from my personal experience. I am more than happy to take 1:1 profit. Now what is wrong with that? I know I am certainly not going broke with that strategy.
It took a long time but when I realized that I should not over trade, to follow a trend and to watch out on the lot size I become more profitable.
Additional to above said, writing down trades that I took and analyzing them to see where were the mistakes and how each trading decision had impact on the result it helped to improve.
1 Like
Thank you @alphahavoc. That seems a little complicated for my level right now. Are you posting your trading results here?
I stopped trading. 
1 Like
Thank you @Drekieyja. Would you mind sharing the current strategy youāre using?
I agree. Whatās important is that youāre continuously profitable because you can just scale up.