Comments on: My Trading Alter-Ego Made Me a Profitable Trader http://www.forex4noobs.com/forex-blog/forex-tips/my-trading-alter-ego-made-me-a-profitable-trader/ Nick's Forex Blog Mon, 21 May 2012 16:03:00 +0000 hourly 1 http://wordpress.org/?v=3.3.2 By: Ms Impatience http://www.forex4noobs.com/forex-blog/forex-tips/my-trading-alter-ego-made-me-a-profitable-trader/#comment-13711 Ms Impatience Sun, 15 Jan 2012 21:45:00 +0000 http://www.forex4noobs.com/blog/?p=454#comment-13711 Hi Nick B, I have enjoyed everything I have read or listened to from your site. Its simplistic, its educational, its honest, its real. My first (and only) trading account had a few more 00's on it than yours and I now know I didn't deserve to have such a large account as I had no idea of what I was doing. I was just "playing" with someone else's hard earned bucks. The first month I increased my account by 50%, and boasted till I bust, until someone told me I was trading $50 a pip, not $5 as I had thought  (that's how much i thought i knew !) and within a month all my false sense of security and confidence burst, and I lost the whole lot ! It was as if one day no fear and all successful trades, and the next day all fear and no wins and not putting s/l on didn't help either ! ( But that was all crap too ) When I saw a trade go the wrong way, I would leave it in over night and hope and pray that when I woke up the next morning it would of turned around and I would of made up some of my losses, but of course it just took more of my money. And even though I knew my account was running out very quickly I did absolutely nothing to change the way I was trading. I have been training and educating myself ever since, in the hope that I too will become a patient and successful trader in the near future. I still wake up every morning with regret and berate myself over my stupid choices. It is one of my goals for this year,  to forgive myself for what I did, learn from it and move on. I always read that to become a successful trader you must loose at least a couple of accounts ! Well here's one trader who wont have to do the same thing twice, at least. I have never told anybody the truth about this before and it feels good, maybe this is my first step in my goal of forgiving myself.... to be honest with myself as a trader and be real in my profits. Good luck everyone, I sure hope that you read this and learn from it. X Hi Nick B, I have enjoyed everything I have read or listened to from your site. Its simplistic, its educational, its honest, its real. My first (and only) trading account had a few more 00′s on it than yours and I now know I didn’t deserve to have such a large account as I had no idea of what I was doing. I was just “playing” with someone else’s hard earned bucks. The first month I increased my account by 50%, and boasted till I bust, until someone told me I was trading $50 a pip, not $5 as I had thought  (that’s how much i thought i knew !) and within a month all my false sense of security and confidence burst, and I lost the whole lot ! It was as if one day no fear and all successful trades, and the next day all fear and no wins and not putting s/l on didn’t help either ! ( But that was all crap too ) When I saw a trade go the wrong way, I would leave it in over night and hope and pray that when I woke up the next morning it would of turned around and I would of made up some of my losses, but of course it just took more of my money. And even though I knew my account was running out very quickly I did absolutely nothing to change the way I was trading. I have been training and educating myself ever since, in the hope that I too will become a patient and successful trader in the near future. I still wake up every morning with regret and berate myself over my stupid choices. It is one of my goals for this year,  to forgive myself for what I did, learn from it and move on. I always read that to become a successful trader you must loose at least a couple of accounts ! Well here’s one trader who wont have to do the same thing twice, at least. I have never told anybody the truth about this before and it feels good, maybe this is my first step in my goal of forgiving myself…. to be honest with myself as a trader and be real in my profits. Good luck everyone, I sure hope that you read this and learn from it. X

]]> By: forexhitman http://www.forex4noobs.com/forex-blog/forex-tips/my-trading-alter-ego-made-me-a-profitable-trader/#comment-7062 forexhitman Sat, 11 Jun 2011 01:33:27 +0000 http://www.forex4noobs.com/blog/?p=454#comment-7062 Thanks Nick for your handy blogs Just remeber it can be done...Patients and Rules, look below: 19/05/10 14:04 Profit/Loss of Trade EUR/USD 370.00 5,118.78 19/05/10 16:25 Profit/Loss of Trade EUR/USD 220.00 5,338.78 19/05/10 18:08 Profit/Loss of Trade GBP/USD 720.00 6,058.78 19/05/10 20:37 Profit/Loss of Trade EUR/JPY 654.59 6,713.37 20/05/10 11:12 Profit/Loss of Trade GBP/USD 900.00 7,613.37 20/05/10 11:25 Profit/Loss of Trade EUR/JPY 989.66 8,603.03 20/05/10 11:40 Profit/Loss of Trade USD/JPY 440.40 9,043.43 20/05/10 12:00 Profit/Loss of Trade USD/JPY -1,210.65 7,832.78 20/05/10 17:25 Profit/Loss of Trade USD/CHF -991.99 6,840.79 20/05/10 18:54 Profit/Loss of Trade USD/CAD -24.46 6,816.33 20/05/10 19:59 Profit/Loss of Trade EUR/JPY 245.30 7,061.63 20/05/10 20:13 Profit/Loss of Trade EUR/JPY 1,140.36 8,201.99 20/05/10 21:16 Profit/Loss of Trade EUR/JPY 133.92 8,335.91 21/05/10 02:05 Profit/Loss of Trade GBP/USD -1,000.00 7,335.91 21/05/10 04:04 Profit/Loss of Trade EUR/USD 500.00 7,835.91 21/05/10 04:09 Profit/Loss of Trade EUR/USD 220.00 8,055.91 21/05/10 04:10 Profit/Loss of Trade EUR/USD 1,000.00 9,055.91 21/05/10 04:20 Profit/Loss of Trade EUR/USD 2,200.00 11,255.91 21/05/10 07:01 Profit/Loss of Trade USD/JPY 443.20 11,699.11 21/05/10 07:13 Profit/Loss of Trade USD/JPY 110.70 11,809.81 21/05/10 07:40 Profit/Loss of Trade USD/JPY 2,222.22 14,032.03 Thanks Nick for your handy blogs
Just remeber it can be done…Patients and Rules, look below:

19/05/10 14:04 Profit/Loss of Trade EUR/USD 370.00 5,118.78
19/05/10 16:25 Profit/Loss of Trade EUR/USD 220.00 5,338.78
19/05/10 18:08 Profit/Loss of Trade GBP/USD 720.00 6,058.78
19/05/10 20:37 Profit/Loss of Trade EUR/JPY 654.59 6,713.37
20/05/10 11:12 Profit/Loss of Trade GBP/USD 900.00 7,613.37
20/05/10 11:25 Profit/Loss of Trade EUR/JPY 989.66 8,603.03
20/05/10 11:40 Profit/Loss of Trade USD/JPY 440.40 9,043.43
20/05/10 12:00 Profit/Loss of Trade USD/JPY -1,210.65 7,832.78
20/05/10 17:25 Profit/Loss of Trade USD/CHF -991.99 6,840.79
20/05/10 18:54 Profit/Loss of Trade USD/CAD -24.46 6,816.33
20/05/10 19:59 Profit/Loss of Trade EUR/JPY 245.30 7,061.63
20/05/10 20:13 Profit/Loss of Trade EUR/JPY 1,140.36 8,201.99
20/05/10 21:16 Profit/Loss of Trade EUR/JPY 133.92 8,335.91
21/05/10 02:05 Profit/Loss of Trade GBP/USD -1,000.00 7,335.91
21/05/10 04:04 Profit/Loss of Trade EUR/USD 500.00 7,835.91
21/05/10 04:09 Profit/Loss of Trade EUR/USD 220.00 8,055.91
21/05/10 04:10 Profit/Loss of Trade EUR/USD 1,000.00 9,055.91
21/05/10 04:20 Profit/Loss of Trade EUR/USD 2,200.00 11,255.91
21/05/10 07:01 Profit/Loss of Trade USD/JPY 443.20 11,699.11
21/05/10 07:13 Profit/Loss of Trade USD/JPY 110.70 11,809.81
21/05/10 07:40 Profit/Loss of Trade USD/JPY 2,222.22 14,032.03

]]> By: Guvernor http://www.forex4noobs.com/forex-blog/forex-tips/my-trading-alter-ego-made-me-a-profitable-trader/#comment-5597 Guvernor Tue, 26 Apr 2011 18:33:16 +0000 http://www.forex4noobs.com/blog/?p=454#comment-5597 rofl at the fight club reference. top stuff nick :D rofl at the fight club reference.

top stuff nick :D

]]> By: DheroEmpire http://www.forex4noobs.com/forex-blog/forex-tips/my-trading-alter-ego-made-me-a-profitable-trader/#comment-999 DheroEmpire Sat, 18 Apr 2009 00:14:00 +0000 http://www.forex4noobs.com/blog/?p=454#comment-999 Hello Nick, its as if you've known or been with me. I am knid of an example of all these. I'm learning more. Thanks Hello Nick, its as if you’ve known or been with me. I am knid of an example of all these. I’m learning more.
Thanks

]]> By: ralph anderson http://www.forex4noobs.com/forex-blog/forex-tips/my-trading-alter-ego-made-me-a-profitable-trader/#comment-998 ralph anderson Wed, 15 Apr 2009 12:53:53 +0000 http://www.forex4noobs.com/blog/?p=454#comment-998 I do not know anything about trading this is all new and very difficult for me to understand at this time the reason that i am leaving this comment is that it will also serve as my testimonial, i intend to stick with it and one day i i'll be able to give a comment l;ike some of the ones i have just read.Thank you Nick for making the information available. I do not know anything about trading this is all new and very difficult for me to understand at this time the reason that i am leaving this comment is that it will also serve as my testimonial, i intend to stick with it and one day i i’ll be able to give a comment l;ike some of the ones i have just read.Thank you Nick for making the information available.

]]> By: jide http://www.forex4noobs.com/forex-blog/forex-tips/my-trading-alter-ego-made-me-a-profitable-trader/#comment-997 jide Sun, 22 Feb 2009 14:15:07 +0000 http://www.forex4noobs.com/blog/?p=454#comment-997 thanx NICK B i think is not only me that is have make such mistake, i learn that in this biz,you can not make it unless you learn from the mistake you make as a newbie. am just having confident in coming back to trade .so nick you bring back my confident thanx NICK B
i think is not only me that is have make such mistake, i learn that in this biz,you can not make it unless you learn from the mistake you make as a newbie. am just having confident in coming back to trade .so nick you bring back my confident

]]> By: izzi2 http://www.forex4noobs.com/forex-blog/forex-tips/my-trading-alter-ego-made-me-a-profitable-trader/#comment-996 izzi2 Mon, 26 Jan 2009 10:16:20 +0000 http://www.forex4noobs.com/blog/?p=454#comment-996 I appreciate your kindness in showing us much of your trading secret. Thanks a million, Nick B. Izzi2 I appreciate your kindness in showing us much
of your trading secret.

Thanks a million, Nick B.

Izzi2

]]> By: Sotaribo http://www.forex4noobs.com/forex-blog/forex-tips/my-trading-alter-ego-made-me-a-profitable-trader/#comment-995 Sotaribo Wed, 05 Nov 2008 21:28:14 +0000 http://www.forex4noobs.com/blog/?p=454#comment-995 Good post. 4psychological pitfalls in forex trading.I take a bow to you. Thanks. Good post. 4psychological pitfalls in forex trading.I take a bow to you.

Thanks.

]]> By: PeterN http://www.forex4noobs.com/forex-blog/forex-tips/my-trading-alter-ego-made-me-a-profitable-trader/#comment-994 PeterN Wed, 05 Nov 2008 03:58:54 +0000 http://www.forex4noobs.com/blog/?p=454#comment-994 Nick what you have described is so no the money. You just seem to have to go through it, a bit like growing up! The best advice you have given for me was 2 weeks ago, SIT ON THE SIDELINES and watch. That was my hardest week of trading. Cheers Pete Nick what you have described is so no the money. You just seem to have to go through it, a bit like growing up! The best advice you have given for me was 2 weeks ago, SIT ON THE SIDELINES and watch. That was my hardest week of trading.
Cheers
Pete

]]> By: 4 Psychological Pitfalls That Will Blow Your Account | Forex 4 Noobs Blog http://www.forex4noobs.com/forex-blog/forex-tips/my-trading-alter-ego-made-me-a-profitable-trader/#comment-993 4 Psychological Pitfalls That Will Blow Your Account | Forex 4 Noobs Blog Wed, 05 Nov 2008 01:09:54 +0000 http://www.forex4noobs.com/blog/?p=454#comment-993 [...] isn’t much you can do about experience. However, as I mentioned in my last article, you can do something about psychology. So let’s take a look at some of the dangerous [...] [...] isn’t much you can do about experience. However, as I mentioned in my last article, you can do something about psychology. So let’s take a look at some of the dangerous [...]

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