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Old 16-11-2004, 22:35   #62 (permalink)
rayeni
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Re: Giving up on Forex. Any last chance advise?

Quote:
Originally posted by fxtrader01
I have been trading forex for more than 6 months now. My capital was borrowed money. As a novice, I didn't want to make mistakes. So I spent money on 4x Made easy software, Alert services, Charts, datafeed etc. Nothing really worked. Then started trading based on my own instints. That was a disaster. Now I am left with the last 1K.

I promised my wife to at least recover the initital capital and repay the loan. I am holding on to the last 1K left with me. If I loose this remaining capital, that is the end of my trading career. I don't think I can trade my own anymore. I need a simple system that would make a few pips gain every week/month. Can anyone suggest any system/platform/indicator/software that would help to achieve my goal?. I am not greedy, just want to recover the money lost.

Awaiting for the last chance advises from the experienced.
Six months? In my opinion, six months was WAY too early to open a real account and start trading. I would dare to say that some of the best traders in the world weren't very good six months after exposure to Forex.

My only advice to you is a cliche: "You learn something new everyday."
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