my story
Hi
This is my story. You may want to get out the wet-wipes.
I started trading retail forex just short of 3 years ago, with over $2000-00 worth of training behind me.
I funded my initial account with $5500-00 USD.
My conscience was clear of concept, so I turned my account into a tidy profit, enough to brag about.
I must make it clear that there was nothing wrong with my training, but the psyche side of the training was not touched.
But then the gremlins of the trading underworld leaped into my account, and I soon learnt that random trading in a random outcome did not work.
My account diminished and I refunded it, not that I had to, but my own psyche demanded it.
Again, I began to turn around, my account grew, as well as my ego.
But the previous lesson came back to haunt me.
Just as I was getting to the stage of withdrawing funds, reality struck with a nasty blow.
A trader cannot pick and choose trades within a solid system.
By a solid system I mean, if this, plus that, multiplied by the square root of this thingamagig equals abc, then go with the answer, until proven wrong.
In that instance I failed. I began to look for excuses not to trade, and then after a loss, would take any trade that came along, just to be able to trade.
Well to cut a long story short, I depleted my account to a point where I almost could not trade further.
Some time ago, I overcame the odds, and again became successful, to the extent whereby I now feel good about my trading.
I will now go a week without trading, if the odds do not favour my style. Seldom though, but it has happened. Sometimes it is 3 a week, or 2, or none. But at least I know that in the last (how long), I have had only good trades.
My point though, is not so much my trading, as much as how to trade.
So next time you feel like giving up trading, remember that random outcomes can produce a consistent result, as long as you stick to a reasonable system, with good MM, and take each trade as it comes along.
Forget about the Ferrari next week, think more about the food next week.
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Your system is perfectly designed for the results you get
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