Yup, this is exactly the reason why I am questioning the suitability of Futures to retail investors :-)
It seems like we forgot those old days when were just starting out.
I sometimes look back at my journals and laugh (in shame) at some or shall I say most of the trades I took back then... but I also realize that if a friend comes to me for advise in that field today, I would never tell him to venture into Futures for a start.
Successful people will do what unsuccessful people won't or can't do!
Futures are not suitable for beginners in my opinion.
I went into detail about this in the "Where to start: Instruments & Brokers" webinar.
Due to time constraints, please do not PM me if your question can be resolved or answered on the forum.
Need help? 1) Stop changing things. No new indicators, charts, or methods. Be consistent with what is in front of you first. 2) Start a journal and post to it daily with the trades you made to show your strengths and weaknesses. 3) Set goals for yourself to reach daily. Make them about how you trade, not how much money you make. 4) Accept responsibility for your actions. Stop looking elsewhere to explain away poor performance. 5) Where to start as a trader? Watch this webinar and read this thread for hundreds of questions and answers. 6) Help using the forum? Watch this video to learn general tips on using the site.
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