That's odd - I've done well in the long run doing the exact opposite - buying weakness and selling strength in indexes/futures - not day-trading though.
Jasper, whenever i fail to use stops i tend to ride losers,losses mount,hate stops but hate my acct without em more,do u use them?
It's actually very good advice. You would have to read the post to understand what he is saying. The point was that in Forex with right broker he can trade minimal position size not limited by futures contract size. Much better than paper trading IMO.
I read the post retard, the point is he shouldn't be trading at all...what part of 8 losing years do you guys not understand. I've read every post in this thread and it's clear the OP should not be trading anymore. And i'm starting to think anyone that gives this person advice to continue trading, ala 'hey try forex it's great!', is almost as delusional as he is.
4X means 2X squared, if you see 2x's, doesn't that mean double negative, and if you see 4X's, then twice as much? just to make an overly simplistic confirmation of the above comments, this guy need to leave trading all together, and regain his peace of mind and presense... at this fragile point, he has degraded into thinking his trading lack of success (note: I did NOT use the words of failure) is a measure of his self worth. that is dangerous, Jasper6, we will see you at the crossroads buddy!, just not here trading, ok? ok!
8 yrs? Hook up w/someone who can put the pieces together. Spend the $ on that. Hang in..small and stick w/eq. -H
anyone here from Jasper6 lately? seems he is piling up all this advice from others and no replies... hope the poor fellq is all right!
On another thread ,someone mentioned it was possible to make $60000 working for UPS?If you don't like to be cooped up indoors that might be a good way back in?Construction is the best way to make good friends but I assume that's not your thing?The UPS job would get you out of the house at least and into the sunlight.