I have an appeal i am stuck in too much losses

Discussion in 'Forex' started by samekhan, Jun 8, 2018.

  1. Another post from a newbie who loaded up a trade, it is going against them and rather than close the trade and realize they are in way over their head, they come here and demand....yes demand help to magically turn their trade around for them.

    Failure to admit your wrong is the first step to being a failed trader. Some people should just not trade, no matter what the security. Forex is not the problem. A bad musician blames the instrument.

    If OP still is in this position after repeated advice to get out, then they deserve to take the loss. If the market reverses and bails them out it will just give them false bravado to load up on the next dumb trade.
     
    #71     Aug 16, 2018
    cvds16 likes this.
  2. pipeguy

    pipeguy

    It's possible during blackswans but TS is definitely not in this situation.
     
    #72     Aug 19, 2018
  3. pipeguy

    pipeguy

    How? We know this sh*t should work and thousand recommendations have been laid out. I mean write according to your experience not something from theory, we know it
     
    #73     Aug 20, 2018
  4. Byrne.d46

    Byrne.d46

    Accept your losses, as no one can do magic and turn your trades in your favor. and trading is not just about profits, every trader suffer losses at times but they know how to deal with the situation.
    Analyze your mistakes and try to learn from them.
     
    #74     Aug 22, 2018
    fx$esm23 and cvds16 like this.
  5. There are no expert traders here
     
    #75     Nov 30, 2018
  6. TheBigShort

    TheBigShort

    I can think of 6 people on this site who have or currently work for large investment banks/hedge funds. Also a number of ex - market makers. There are also a handful of people who are on the come up and showing (somewhat) promising talent/work ethic.
     
    #76     Nov 30, 2018
    BlueWaterSailor, cvds16 and wwatson1 like this.
  7. themickey

    themickey

    What about dopey traders, how many of them are here?
     
    #77     Nov 30, 2018
    wwatson1 likes this.
  8. Cool, I stand corrected. Sometimes seems like there is a lot of pretend ones
     
    #78     Dec 1, 2018
    cvds16 likes this.
  9. pipeguy

    pipeguy

    Where are their legacy threads/comments? you'd save up much time if you share us with their posts.
     
    #79     Dec 2, 2018
    wwatson1 likes this.
  10. Weelor

    Weelor

    If you are stuck in too may losses, then you need to take some time off trading. There is no need to quit the market and trading process because success will follow you if you are determined. Please, don't be one of the quiters. You will regret it later in your life.
     
    #80     Dec 16, 2018
    cvds16 likes this.