Quote:
Originally posted by Jusco
I have been trying to work out this forex business for around 2 years now. I don't know why, but I am still pretty much clueless. I would be happy to make just 10 pips a day but don't seem to be able to manage even that lol
Anyone else in a similar situation ?
Any suggestions/ basic systems that may help would be appreciated.
Jusco
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Jusco, as I understand it, you are in good company and you should not feel bad.
If you are using common trading systems most others use then expect to continue to lose like over 99% of market participants do including institutional-level "pros."
It is when you begin to toss "popular" trading methods and
think things through for yourself that you may be able to start winning.
You must be independent of others. Also, trading is not for everyone. Just because you tried for 2 years and continue to not reach your goals does not mean that you should not move on to another field in which you may do well.
Most who enter the forex market get creamed,
especially those who think they know what they are doing.
What type of things have you been undertaking to try to advance yourself in trading?
jtb