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  #21 (permalink)  
Old 10-17-2009, 12:31 PM
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Unhappy Blew account in 2 days

Friends and Fellow traders...i am so depressed as i right this...I thought i was good in forex :-D

Two days on live trading have left me shattered and battered with my tail in between my legs?

I am wondering what went wrong?

I have 3500 USD now it is 500 USD?

Someone please help me!!!

Yahoo Chat : kebayamwamba@yahoo.com
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  #22 (permalink)  
Old 10-17-2009, 04:39 PM
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Quote:
Originally Posted by avibe View Post
Friends and Fellow traders...i am so depressed as i right this...I thought i was good in forex :-D

Two days on live trading have left me shattered and battered with my tail in between my legs?

I am wondering what went wrong?

I have 3500 USD now it is 500 USD?

Someone please help me!!!

Yahoo Chat : kebayamwamba@yahoo.com
Take a look at the trading sistems and money management threads here. Plenty of good information.
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  #23 (permalink)  
Old 10-28-2009, 09:15 AM
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wutian is on a distinguished road
Smile wutian

--------------------------------------------------------------------------------

take me too


if you got gmail !!
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  #24 (permalink)  
Old 10-28-2009, 10:56 AM
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stop real trade -- either keep the money or withdraw the rest of the money


--- then practice on DEMO -- have to learn all the things from scratch

avoid volatile currency --- don't pray nor praise your entered transaction

in DEMO

you could try this objective

-- use the same mind set and playing skill -- objective is try to LOSE -- see wether you could get daily WIN , with this method !! ( this must overcome your basic instinct, and make you play like BIG PLAYERS )
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  #25 (permalink)  
Old 11-03-2009, 03:03 AM
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Quote:
Originally Posted by deadpoet79 View Post
Well, apparently I'm still a total newbie when it comes to trading. I've been doing this almost a year and lost quite a bit by my standards.

I've got a system that I know is, and can be profitable but can't make it become so. Honestly, I'm at my whits end and I need a mentor, somebody that will walk through my system step by step and show me where I'm going wrong and how to correct it. I know this is probably a lot to ask but if there is someone out there that is trading professionally for a living that would be able to show me the ropes I would REALLY appreciate it.

The only thing I can say is that if someone that has been successful would take me under their wing I would be eternally grateful.


Shoot me a PM with the details of your system and I'll look it over. Also, take a look at my sig and let me know if you have any input please .

I'll look it over but I cant promise to work miracles. Each system is different. It may be that it's over complicated or the error may be with you.

EDIT:

N/M I see that you uploaded a descriptive PDF in your first post. It looks a bit overcomplicated to me but I havn't looked at it in detail yet. What would be more helpful is if you take screen shots of your entry and exits so that we can see exactly what's going on.

Also, how much screen time do you have?

If you don't know what I mean by "screen time" you probably shouldn't be trading live.
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Last edited by Cyclesurfer; 11-03-2009 at 03:10 AM.
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  #26 (permalink)  
Old 11-05-2009, 12:54 PM
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forexhitman is on a distinguished road
afternoon

very good thread
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  #27 (permalink)  
Old 11-05-2009, 02:00 PM
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hi

before you going to live with your real money ..please trade with demo acc first and use your comfortable forex system..review it for couple months performance..after you feel confidence...please begin with small amount of money...

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  #28 (permalink)  
Old 11-05-2009, 05:30 PM
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Go to:
Forum: Forex Trading with MetaTrader 4
Ask Slava Kozlov.
They will help you.
Dimitriy
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  #29 (permalink)  
Old 11-06-2009, 12:31 PM
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One Financial is on a distinguished road
helo

hello nice to meet you all;
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  #30 (permalink)  
Old 11-06-2009, 12:54 PM
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Quote:
Originally Posted by avibe View Post
Friends and Fellow traders...i am so depressed as i right this...I thought i was good in forex :-D

Two days on live trading have left me shattered and battered with my tail in between my legs?

I am wondering what went wrong?

I have 3500 USD now it is 500 USD?

Someone please help me!!!

Yahoo Chat : kebayamwamba@yahoo.com
It seems that you have a money-management problem.
Loosing 2500$ in two days means that you don't know when to stop trading. It is not a good idea to continue trading when you are loosing money. When you are loosing real money, it will effect your judgement.
My advice to you: take a big breath. Trade in demo account with 500$ balance and just after you make a good week and gain some "money" you can go back to your real trade.
Remember even 0.1 lot is 100$ per 100 pips so try to trade with 0.03 lots if you have only 500$
Good luck
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