Here is the deal. Everybody has to make the first step, on the long road, so here is mine:
I've been started to intrested in trading around 2012 december. Not a long time ago. The story of mine is the same like everyone else. What to do with your money, if you have it. How you can make your money to work? Does it need your help, or he can do it alone.
Of course I was searching for solution first, when my money knows what to do alone. Hey, put me to the bank, and I will make 6% per a year. In Hungary that is not a good money working method:). So just to keep the long story short, I've figured out, I wont let my money to work alone, a place what I dont know. My original job is a IT Manager. I know how the IT systems works, I understand that, what the business want, but hell I dont know any idea, how is the financial market is working at all!
Of course I thought that, I know that how it is working. My first step was to go a live training course which was 1 week long. I have to tell it was fck boring. For me. Not for everyone else. I am working in the IT business. My brain is like a superfast computer compering with the folks, who believes that they have to go the same seminar with me. Ooops. Later on it turned out, they were right, and I was wrong. My superfast computer belives that everything coming from understanding, and not from praticing. With more patient, and discipline, you can be a better trader. If you dont have these skills, or if you think, you dont need it, than you can start loosing money with notime. Just like me.
Oke. I thought that, trading is not for me than, but still, I can put a lots of money into the financial market, I am an IT person, so lets start using EA's. Hey, a lots of EA's out there, and they are waiting their master to come. Later on its turned out, they are as stupid as they master is. Reading a description of the EA, or copy trading, or call it as ever you wanted, without any knowledge of the fincial market is more stupid move than trading at all.
Hm... I am still not there, and every time, I thought that I am there. Maybe when I am seeing forums around "finding the holy grail" it is about the what I am doing. Nooo, that cant be true! I am better than anyone else. I am so fucking intelligent, everyone knows that! So those rules was not written for me man!
Hah, I know what to do. News trading. It was DESIGNED for me. Easy money, in 2 minutes. You need some superfast computer connection, some good analysis, some faith to believe, something big going to change every time, when the news comes, than you need time to count the billions of USD which will come. Easy like hell. Oke not so easy, but at least that was the first time, when I had some winning trades, more than 100tick/pip with the GBP GDP data which was actually working.
So oke. Lets check it again. I am doing the news trading, any news, any instrument, any time. Just pray for a nice long easy to get on/get out spike. Pray - pray pray. Heeey man. I am praying. I dont have any idea what the fuck will happen, I am just praying something where I dont have any controll. Shit. I am noone. I am the same person like everyone else, who are waiting for something to happen, which are beyond there understanding, and controll, to make them reach. I am at ground zero again. Fck fck fck!!!!
Oke. Lets check back everything again.
First question: After 6 month frustration, do I like trading? HELL YA. I love it. That is one thing, I dont know how to be a winner, but I love it. I love the charts, the methadologies, I love to be take in controll, even if it is not working, but I LOVE IT.
Second question: What did I do wrong? Almost everything. The good news is that, I love to do it, but the way was totally wrong. So I have to change my perception, how I am going to do it. My ego was much more stronger, to see it clearly, so no more EGO. Oke it is easy to say, but at least, I know where do I have to improve first.
This to question helped me a lot. The obvious next step was that, I need 1on1 tutoring. The person, who is helping …