hi all...
I mean, average Joe just like me, who put aside some money and start trading, can we earn a living from trading forex?
Not the big institutes and rich one who have billions in their capital
Is just that after a year and 3 months learning, and demo on forex, i started to doubt i can make any money from it.
I have several demo account, the best one have some earning from the initial deposit, but what confusing to me is..
- if i follow any system, i will lose money
- if i i follow any sets of indicators, i will lose money
- if i follow the news, i will lose money
- if i developed my own system and follow it, i will lose money
- backtest always looks pretty, but in live test i always lose money
- money is loose by sl being hit over and over, different SL placement strategy wont help
countless system i have tested, combining news and indicators, price action, chart pattern, some system which fills the screen with indicators, naked system with no indicators, you name it. No matter when i use any system, i will loose countless of times, (but backtest always show pretty result)
however i made some pips.. by..
randomly putting trades, not setting SL , use small lots..
So i now totally confused, how does average Joe like me going to earn money from forex..
I mean, average Joe just like me, who put aside some money and start trading, can we earn a living from trading forex?
Not the big institutes and rich one who have billions in their capital
Is just that after a year and 3 months learning, and demo on forex, i started to doubt i can make any money from it.
I have several demo account, the best one have some earning from the initial deposit, but what confusing to me is..
- if i follow any system, i will lose money
- if i i follow any sets of indicators, i will lose money
- if i follow the news, i will lose money
- if i developed my own system and follow it, i will lose money
- backtest always looks pretty, but in live test i always lose money
- money is loose by sl being hit over and over, different SL placement strategy wont help
countless system i have tested, combining news and indicators, price action, chart pattern, some system which fills the screen with indicators, naked system with no indicators, you name it. No matter when i use any system, i will loose countless of times, (but backtest always show pretty result)
however i made some pips.. by..
randomly putting trades, not setting SL , use small lots..
So i now totally confused, how does average Joe like me going to earn money from forex..