I need help

[israel007]

i get very scared when a trade is going against me in my live account. But i always have the nerve to allow it in my demo. The woman i tought how to trade is doing very greatly. Courtesy of my encouragement but i don't do as i advise. What do i do i need help

[trevorpickering]

Originally Posted by israel007

i get very scared when a trade is going against me in my live account. But i always have the nerve to allow it in my demo. The woman i

tought

how to trade is doing very greatly. Courtesy of my encouragement but i don't do as i advise. What do i do i need help

first thought!!!

my advise

Grow a pair or give up trading

Second thought!!!

if you are bottling it when a trade goes against you i recommend starting with a stake that is not going to emotionally terrorise you

exmple

if you are betting ?10 per point drop it to ?1 per point

to see this gives you more confident

if your betting ?1 per point drop it to 10p

to see this gives you more confident

if you are betting 10p per point and you are lossing it emotionally, my freind it might be time to give up.


if failing all this and you still want to invest in forex i reccomend you come up with a proper stratergy and/or businees plan so atleast if you stick to all the rules you set out you know the worst possible outcome before you even enter into the trade.

having a decent stratergy will/should eliminate fears

if you are still having fears yours stratergy probbebly wernt that great to start with, do a new one that your comftable with

Remember!!

trading is not for every body

i learnt at a early age i was never going to be a astronaught, you do not see me standing outside Nassa demanding them to make me one

[israel007]

Thank u for your advise. I think the problem came from my tutor. What he did for me was just like "since i have collected your money, let me teach you something like forex". He never allowed me ask questions, no demo monitoring and stuff and no mentoring activity. I feel violated. I am sure with a little mentoring, things will be ok

[finvik]

yeah you are right try demo trading it is really very good at least you will not loose your money in that.

[israel007]

Trevorpickering, hi,

please how long have been trading forex, where do u reside. i'd appreciate a little chat with you

[MChristine]

Demo trading is a very good option for beginners! It is anyways very hard to know where to invest to at the moment and if you are not a specialist in this field you are likely to lose money. So be very careful!

[finvik]

Originally Posted by MChristine

Demo trading is a very good option for beginners! It is anyways very hard to know where to invest to at the moment and if you are not a specialist in this field you are likely to lose money. So be very careful!

No in demo trading you don't loose money Rather you learn how to invest money.

[trader123]

You may want to take up the Trading Education Program from this website: http://tradingeducationprogram.org/.

The educator will allow you to ask all the questions about trading.

The educator does not believe that a new trader can become a profitable trader overnight. So this program is designed to last for 2 months. In this 2 months, the educator will send you trade emails. In the trade emails, he will show you why and when you enter a trade based on live trading environment.

And most importantly, you will receive a proprietary manual about the educator's system.

[finvik]

Or for more details of forex you can visit my signature also.