Bingo. I shorted it and been bad holding forever only to have been green (barely) the last week. Hoping for it to break that $3.50 support and fall towards $3.0 again. My stop was set around $4.0 and I woke today only to see I got filled around $6.30. I should have set a tight stop in the first place and got out as soon as it went against me but oh well. I realize that I made some rookie mistakes here and got burned because of them. It’s just bad when the losses add up like this and the negativity sets in.
I can relate, been on hold for 2 weeks in demo land due to sucking, crawling back to $1 per pt currently when I get the time and work back upto to old $10 I was at 3months back when I went full time, then the added pressure turned me into a newbie It could be worse, which you'll see tomorrow, when it gets worse 1/2 a bottle of bleach, 1/2 a bottle of vodka and 3 packs of paracetemols you'll be fine LOL
Probably you've made this too complex, while making money should be much simpler. I feel bad and will pass onto you an easy money-making opportunity that I was just going to seize upon. I'll forward you a personal email I just received from Mr Mgbutu Bwakaka offering $5 million for help in transferring 1 ton of gold out of Nigeria. All you need to do is pay a small transfer fee, equal to the remainder of your trading account.
So what exactly is your point? If you feel you have no chance of success, then you're better off getting a 9-5 job. Otherwise, learn how to trade properly. Throw all egos out the window and really, really, really FOCUS. What to focus? Price. That's all you need to know how to trade. Get to know everything about price behavior, eg. price action between bulls and bears.