Updated: Mar 25
We have all asked ourselves this question at some point and time in our journey.
When I first began trading the question came up many times. "Should I quit trading forex?" It seemed impossible and another word that came up often was scam.
“You are the problem. You keep breaking all of the rules of forex. Stop adding to losing positions. Stop taking trades without a stop-loss.”
I used to think the brokers were out to get me. I used to think they were watching my individual trades and somehow changing the candlesticks or something lol.
The Real Truth
The real truth is no-one is out to get you except for yourself. You know all of those times you decided to put on too big of a lot size? You know all of those times you were selling in an uptrend and buying in a downtrend. It's you. You are the problem. You keep breaking all of the rules of forex. Stop adding to losing positions. Stop taking trades without a stop-loss.
Forex is like an ATM if you can control Your greed and emotions and just follow the rules. So if you are thinking bout quitting forex, heres a better idea. Quit doing everything you shouldn't be doing and start becoming a winner.