Hi guys,
I’m new to trading but why does it feels like trading its hard and am not going to make money trading?
It’s this feeling normal?
What do you suggest I do?
1 Like
Take high probability trades - trades that have a high probability of following the direction you agree with. The big banks make price move and when they are buying they make price rise. During these times you should be long: you should be short when price is falling.
Always set a stop-loss so that your maximum loss is limited by this exit order.
Try to trade only from the 1-day time-frame charts when you are a new trader. The chart signals are more reliable on this time-frame and you will have more time to plan a new trade and to consider how to manage an existing trade.
4 Likes
You should follow the above post, and learn to detach money from your mindset. Think in percentage terms instead.
4 Likes
Your feelings are common. Very much the minority “get into” trading, as most believe it very risky
Because it’s going to test many human values, Including tow biggies Patience & Emotion control. Not just once, Again and again. Most people Fail at that point.
Keep trading DEMO until you’re ABSOLUTELY sure that you can control those emotions. It’s just a start. Still a long way to go.
it’s crazy right, I feel the same way this week, been having some bad days, hopefully I’ll bounce back soonest.
[quote=“flok, post:6, topic:935985, full:true”]
it’s crazy right, I feel the same way this week, been having some bad days
all part of the learning curve