DislikedBacktested the market for about a year using a certain system Ive been working on.
Ive found that this is usually the best one can get with a good system.
Although I haven't really implemented it yet, I have realized, unless you are totally consistent in your approach or system application, you wont get consistent win to loss percentages.Ignored
Galation, the funny thing is though, I know what to do, but mostly fear of losing holds me back.
Ive been trading a mini account going on three years now, and I only have a depleted account to show for it. Im down about $6500 us in three years.
This had been the price of my forex education to date.
I cant get pissed about it cause I know why I lost it. But now Im ready to use my system only and nothing else until the market dicatates.
The biggest hurdle to becoming a succesful trader is being disciplined, totally consistent, and becoming emotionaly detached from it.
Watching it I have found I messed me up, cause all the swings panic me.
Set it and forget it, if you can?