thread: anyone need help?

Q: does God trade?

more seriusly, my christien buddy all state trading is wicked by satan, because it using greed (among the christian vices), and when you win, somebody else is shed. But christ soul = give $ away, not take $ from others.

Your opinion?

Jane,

I asked mom. I take what she says to be gold. My mom is a very smart woman.
At first when I asked her, she was speechless. She wasn't sure what to say.
She said its all in the attitude you take it. Are you doing it to be wealthy? Are you trading to steal others money? Is greed pushing you to trade? Are you attempting to make a living to provide yourself and individuals near you a fantastic life? When it comes to is it wrong or right, its all in the mindset.

I don't think there's anything wrong with trading as long as you have the perfect mindset. I understand I'm not doing something God does not like. When I start making real money at this, it's gonna give my daughter something so many different sons/daughters don't get. That's a parent who does not have to go to work everyday and need a babysitter or just time away from their parent. Someday, my parents are going to have motor home to travel the US and Serena will have the ability to go to school. My body won't ache anymore in the labor I do just so I can eat and pay bills.

It sure would be wonderful to have the ability to say I made a million dollars trading but that is not why I am trading. I am here to give my family a better life and not have to kill myself in my job to create just enough to reside.
I could go on and on about this stuff but I think I have made my point.

When I say I had been scared of myself, I was scared I'd wager everything on a single trade. The money I started with was hard earned money. I wasn't about to shed it that easy. I kept reminding myself how long a number of those guys have been doing so and if they bet everything on a single trade either they were rich or that I never could have met them. If the people that are rich kept betting it all on that next trade, they would be gone. Cause most of us know there are winners. As soon as I opened a live account, I will be the first to admit I wasn't ready. I didn't possess a solid trading program. I'd run my $1,000 down to below $30. That account is still open for the day and growing when I could add.
I'm not sure exactly how I was able to never put everything online with a single trade. I guess it was will power. I think of my daughter and how I wish to spend everyday with her, no buzzer telling me once I can have a 10 minute break, no minimum wage paychecks. I keep considering the very long run. For the individual that only lives for now, I do not think that man would make it. A individual needs to look at the long run.

Just how can you overcome the fear of yourself. . .Experience/time?

Thanks.

Apology accepted.
I really was not scared when I started trading. The demoing I did lasted for a long time. Starting on tick charts and going to the longer charts. I was scared of myself though. I know what I'm capable of if I don't have any bounds to trade. I might have put all of my money on the line with a single trade. I had those thoughts go through my mind. I was not really scared though other than myself.

Proper- thanks -

See where you are coming from - believe that is likely it. . .According to my own trading mentor - who I have faith in - only the goalposts have been altered at times from initial sales things - I suppose one of my worries are - I am not consistently acheiving this method in demo - and he says when it requires a year to understand so what? Tho given the initia goalposts, tis distinct.

I did not expect it taking the year to learn - understand that sounds naive NOW - and what's a year - you can not really hurry it. . .and definitely not with cash. Were you scared when you started out?

Jings - so sorry I offended - first post too!!

Night

BTW,

You are welcome to the help.
This goes for others who have said thank you too. I like it.

AnnieB,
Ok, the very first thing you need to do is get a demo account. Exercise a whole group. Since you purchased a system, is one of those things you are fearful of is that system not working like you thought as you invested money on it?
You need to realize you WILL lose money. There is. I don't think there is a trader on the market who has ever lost any money. I have probably had my SL hit at least 500 times. Closed trades if they were negative more than that. You have to get it from your mind which you might give up when it gets tough. Make a trooper. Do not begin trading using alot of cash. Start small.
I keep telling myself that I will succeed. When I started, I had no idea what to do first. All those words I didn't know and the people that sounded like they knew exactly what they were discussing intimidated me. I knew deep down in how great I was with amounts. How certain items just pop out in me who are not normal for many people. I have to make it function. Tell yourself you are smart enough. You do not think you are dumb do you? By your post it sure doesn't seem as if you are. Utilize your smartness and do exactly what you want. Learn this substance. Do not let it down you. If it does, shut off the computer and go get some ice cream or something. If you believe in God, pray to him. Do not look to earn $1 million in this. Strive to earn your account increase.
You state no indior or egy can forecast what will happen next. Price action is going to do the best job. If you are using a 5/12 MA cross a 1 hr chart and I am using price action, many times I will be in 3-4 hrs until you are. That may mean alot of pips. And the SL wouldn't be as large either. Do not get me wrong. Price action is not the holy grail (it's the nearest) for forex. There'll be times it doesn't work. Hey, that is just part of this game/business.
If one of the things which disturbs you is where to begin with pairs to trade, do not need to trade all of them. Pick 1 or 2 and stick to people for a while. I know you may miss out on some transactions if you do not see a whole lot but it's okay to start small and work your way upward.
If you don't need to trade demo accounts, start up a live account where you are able to trade micro lots. $.01 a pip if you'd like. That will provide you a little sense for the real thing.

Sound sense is reallyn't it

occasionally you can't see wood for trees. Eel like deer in headlgihts at mo.. .Thanks Peter

And so dreadfully sorry I offended - not intentional. Cheers again

Tomorrow is just another trading day.

I have a query. The anxiety factor -

I have a system - bought and trained/ing in. Demo-ing at present. And convinced it will be me that determines its success or failure...

And I am just so terrified of failing - Fx simply sounds so goddamn inconsistent - I am aware that I am never gonna call it right 100 percent of this time - and I have sound money management principles and risk egies in place - but I know if I don't overcome my fear of neglecting and get my own mindset correct I am likely to have trouble using 'real' money - however large or small - it's money and I don't wish to lose it least not all - I have my start up capital, relevant risk/reward wise to make a difference - and I do so wish to triumph - but I am fearful - analysis paralysis in mo - how can you detach sufficient - or have sufficient confidence and self-belief this is the 1 thing you can earn work?

Many of us who will even try something similar to fx are possibly, risk tolerant - or have tried things before and failed - so could be loosely termed entrepreneurial - I have tried so hard at this...yet no indior/system can predict what's going to happen next in Fx market...they all give you is a advantage.

- I have read whole thread and physiology consensus was that 'greed' was first...well panic is mine. Any ideas to overcome the anxiety?

And don't suggest Trading in the zone - as unsuccessful 'writer' tis hideously badly written - tho concept accurate.

Thanks in advance to anyone who can help.
BTW Peter - loved your own thread.
Cheers

I will poke my nose.

If you're demo trading this is actually the first step in conquering anxiety. If the system you've paid for is any good I will presume it has some sort of positive expectancy - ie the winners more than offset the losers in fiscal terms.

So, trade it with paper money and go STRICTLY by the rules. No second thoughts, no discretion, no holding back. If you're able to achieve this for 3 -6 months and you come from the other end in profit, break-even, or, in worst with a small reduction then you should have begun to overcome the basic anxiety of trading.

If, in that time, you choose to go live then find a borker where you can trade nano-lots (0.01) for the following couple of months. Even in the event that you're feeling quite confident in the system, just trade single lots for some time, and then slowly increase your trade size as much as whatever number of lots your Money Management rules dictate.

Simple, isn't it?

Apologies - had no Idea I'd offended. Thanks and take care