Friday, 31 October 2014

Lose From Trading? Dont Worry, There Are a Lot of Friends.

From 1897 to 1900, 200,000 people went to the Klondike and only 30,000 people who make it. No more than 400 people who found gold and only a few who managed to save the gold. This is true also in the world of trading.

If you are often feel loss in trading, frequently deposits but rarely withdraw, even if the purchase price down, if the selling price went up, then you actually have a lot of friends. Although online trading now is more ease, access to information about the business and economic abundant, materials to learn trading is everywhere, from books and the internet, but still there are more traders lose than gain. According to the data, only about 5% of traders who consistently make a profit, the other a loss or at most just to break even.

Maybe you feel this data is redundant. But try to check this data. There is data that supports authentic. Here are the data of FXCM, an online forex broker based in New York. The graph below shows the position and profit or loss per day from traders who trade the EUR / USD from 2005-2008. From these data clearly seen trader losses (up to -180 pips) more than the trader profits (up 130 pips). From the graph it is clear that more traders lose than gain. Although this is only from one broker, sebagaai a statistical data, this data can be considered representative of the general condition of the trader.


Maybe you feel that the data is 95% of traders lose and only 5% of the profit consistently too excessive. But, generally speaking, in all areas there is always more that fail than succeed. In the business world too. Approximately 90% of the newly launched business will be closed later.

Now, forget the percentage figures. What is more important is that you certainly do not want to be part of the 95%. I'm sure you do not want to be a trader loses money. So what exactly can make the most of the small traders managed to record a profit? The answer is a TRADING SYSTEM.

Thursday, 30 October 2014

Is this what you experienced?

When first trade, I just pure guess price direction. Prices will soon go up or prices will soon go down. And incidentally the price is moving in the direction that I wanted. Huge profits in my hands. I thought, "It's easy! It could get rich quick".

The next trading is always successful. Balance increased dramatically and my emotional self-control immediately in line with successful trading. I think, it's very easy! Before I knew it, I had to trade with a full risk, the greater the wear margin. A few days later, I suffered huge losses. You read that right. I suffered immense losses.

my forex story

After realizing my folly, I finally learned trades, looking for ways to make a profit. I started to find out about and learn some technical analysis indicators. I started trading again with a sense of aplomb. The next story I am starting a profit, even managed to gain hundreds of per cent of the capital invested. But a few moments later, luck did not favor me started. Of profit, finally losing again. This time I was rather clever, money in my account still remains pretty good.

I guess that means I still have not advanced trading, so there is often a loss rather than a profit. Finally I tried several ways of trading, ranging from simple to complex. Including try indicator with an unfamiliar name. Several times sophisticated indicators is successful, but eventually lose again. Finally I decided to get rid of these indicators and trying to find new ways of trading, the better.

The desire to get rich quickly from trading is gone from my head. Before I had time to think it would be easy to make money from trading, but in fact the opposite. 

What I experienced, may be experienced by many other novice traders. I thought, "there must be a way to make money consistently from trading. Although it is not easy, there is a way. What should I do next?".

Hopefully this blog can be a witness and you are the one who knows what I do next.