Giving up on Forex. Any last chance advise?

[joebarry]

Check out the Live Chat Training Sessions on this board.

[dr. zorba]

Yes! I went to their 4xmade easy seminar and I wasn't impressed with their system. Anyway try logging on to my website. It has all the things you are looking for(advise, system trading and so on. Contact me from my site. The website is www.quantumholding.net

[phildunn]

Trader who easily give up will never become successful trader, same with other things.

[azarento_com]

Originally Posted by fxtrader01

Can anyone suggest any system/platform/indicator/software that would help to achieve my goal?

The best online platform is CMS!

[Quietfire]

To: FXtrader01, as well as anyone else who is interested

I have developed a system that can capture consistent gains. Of course, it is not a crystal ball but it has a very good track record.


You can use your remaining capital to get out of debt. Email me

Quietfire.capital@gmail.com

[T4fast]

One way of saving your money, is not to trade in forex.
Although you have spend some money on your self (training and 6 month), luck also plays a role. I have knew some ppl with More than excellent broker who trade for them, but They have no luck in forex, while others do with the same broker.

If you insist on playing the game, i suggest demo accounts - practice & test your knowledge (not feelings).

[MacDFx]

Originally Posted by fxtrader01

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.

Not to kick a dog when he's down but...

Did you consider trading PAPER first on demo accounts, before going live with borrowed funds? (A major mistake for a newbie, IMHO).

You bought into the premise that FX trading is easy money. After all, when the green lights all line up in your $3995 software (with its $99/mo datafeed) you know it must be a good trade, right?

That's what the hucksters want you to believe, anyway. But the reality is far more complicated than that.

Firstly, what they didn't want you to know is that ALL of the required information to get up to speed on FX can be found for FREE, right here on the 'Net. The fact that you're here is proof enough.

Secondly, past performance is no guarantee of future results. But....and this is a big BUT....you'll have to study, study, study price patterns and movement to get a feel for where the market is going.

Then you can learn about how these movements are influenced by external forces (fundamental analysis) and how you can use chart action and indicators (technical analysis) to discern the trend and apply your own criteria to support your decision to BUY LOW and SELL HIGH.

So, then - what are you really gonna do? Cry about your results? Join the club of newbies - over 95% of them FAIL (that means LOSE $$$) in the market.

You'll know when you've reached the holy grail when you can look at your charts and actually placing a profitable trade - without hesitation. If you stick to your winning criteria (once you've identified it) and don't vary from what you know to be a winner, then you'll be a success.

Until then, buckle up buddy, and enjoy the ride through FX hell

[MacDFx]

Originally Posted by nzbryant

10 pips a day is easy - but then you have a loss. Wipes out your wins...no? That's what I found.

Is it? Try automating your strategy into an EA and then we'll see how profitable you really are.