Ask a guy that started trading forex a month ago with an account size of $2500 and is now down to $500 anything

ask a guy that started trading forex a month ago with an account size of $2500 and is now down to $500 anything

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Why?

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How did you manage such a feat?

Why did you think forex wasn't the worst idea ever?

Maybe you should have practiced first. They make simulators for this sort of thing.

90/90/90

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how old are you that losing $2k is even worth mentioning or a big deal?

i have a short attention span. unless money is at stake i won't pay attention to anything or learn anything.

30 but I solely rely on gibs for going to europe for holidays and I've never had a job before (I'm Australlian) so a moderately significant amount of money means a lot to me.

Any wise trading tips you've learned? I'm planning to get rekt on bitmex here soon for the first time.

dont leverage yourself

if you dont have the capital to make good profits without leverage then dont do it

bitcoin is worse than forex since its mostly bartman hills when not in a bear or bull market

You deserve every ounce of suffering you reap. Paper trade my nigga. It will save your ass and get you rich. Get a prescription of adderall retard. Forex is more fucking predictable than crypto. Sure there is manipulation but there are so many more traders that the self fulfilling profecy of meme lines actually works.

What's forex?

foreign exchange

I'm making a consistent £4k a month from forex, but I was demo trading for more than 2 years before I finally went live. Its not something you can just jump into if you want to last.

I trade forex too. How the fuck did you fuck up that bad?

How did you start off? Where do you trade?

easy.. TA says one thing then the market does the opposite 10 times in a row

>TA says one thing
You're not good at TA then. It's ok, very few people actually are.

nah, i'm good. TA being wrong 10 times in a row isn't improbable

U done good, most people would lose that in 2 days

Why not just follow a hedgefund and make dem 0.2% margins

why paper trade when you can just make bots and backtest?
I'm not saying to use it to trade but you can use them to test how successful your trading strategy would be a lot more rapidly than you could with papertrading

>Sees bull flag on TA
>Zoom out and sees bear flag
>Zoom out more and see bull flag
>Zoom all the way in and then zoom some more and see bear flag
Yeah sure, TA works. So does prayer, if you accept that the opposite of what you've asked for is G-d (lol, Jews) answering your prayer but in a mysterious way

I guess it's pretty hard.

Did you read a book? Have you been in stocks for a while? Did you trade options?