You will be reading and studing a lot (12 hours per day in the beginning) just to be able to stay afloat.

I have made and lost more money this week than I did in the first 5 years of trading but still have a profit that I would never have dreamed about back then. Rule number two: If you have "X" units per month, 1% to 10% is the max that you may want to invest. Press question mark to learn the rest of the keyboard shortcuts. Then I was on my way to my first negative month. Did the same thing the next month then down 30%. There is one thing that needs fixing. Sometimes it may take weeks to place a good trade. Never borrow money to fund into accounts. By using our Services or clicking I agree, you agree to our use of cookies. Cut your losses, and let your winners run. It's just another job, but a job that doesn't pay just for showing up to work. One week reading and searching for what was wrong. We are a community that strives to help each other with implementation, deployment, and maintenance of Teams.

My main Indicator though was the MACD, the rest was the confirmation I required.

Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between!

Markets have seasonality and every day is uniquely different from the previous.

This field is really toxic. It is far far less than that if you want to live of it. You said in the first paragraph that you decided to make 12.5% per week. This is an idea that has pretty much broken every trader.

You're basically trying to gamble to make up for small equity.

It is like playing a basketball game and you say that you gonna score 60 points per game no matter what. You broke the fundamental rule of trading with emotion. So I ended up holding the position for the rest of the week in hopes that my position would at least pull back to my entry. But to have 10% each week is like shitting money. But it didn’t, Instead it rallied. I just needed to vent it to someone, and the worst part is that I'm ashamed to tell the people I've been bragging about the past month, to admit that I was not only wrong, but I lost everything on it as well. Most of my friends who are succesfull traders have blown an account or most of it at some point.

10% a week means you trade the hardest way possible (daytrading multiple currencies). My confidence was high as was my spirit, everybody I talked too I would say how I found way to do something I loved and if I could keep my goals I would be a millionaire in less than five years; To everyone saying It was very risky I showed my gains from the first month and said I knew what I was doing.

Its a paradox but it works. ten years is quite a lot of time. I'm sorry to hear that this lesson had to be learned the hard way. I won't bother saying the ups and downs have been though. You think you lost a lot . I have to warn you that trading professionally is not as enjoyable as it seems. A Subreddit for discussion of Microsoft Teams. Because if you dont follow a money management strategy, YOU WILL ALWAYS LOSE YOUR ACCOUNT, (To the rest of you learn from this dudes mistakes), Also Dont quit your job until you have enough passive income to sustain you so you don't have to trade full time. ---- /r/Forex is the official subreddit of FXGears.com, a trading forum run by professional traders. Do it logically. My suggestion is try to have a steady income (job) and trade on the side but treat it as a second job. No perfect combination of indicators. Keep improving your trading during that time and if you can be consistent for several years you will have built up a nice safety net and can then go full time.

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