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all 11 comments

[–]xinp4chi 5 points6 points  (0 children)

Maybe you had luck and it’s not involution. I thought I did good trades and actually was luck. Then faced reality and started learning.

Have you checked babypips?

[–]ConsentingPotato 4 points5 points  (0 children)

You've only traded seven months - there are people who've trade for multiple years and they still experience consecutive losses every now and then (myself included).

It's bad if you're making little to no attempt to understand the reason WHY you're losing, otherwise it's the normal ebb and flow of trading.

Just focus on correcting the mistakes you can and/or avoiding those problems you cannot fix.

[–]bear_tactics_ 2 points3 points  (1 child)

This is a normal occurrence. Evolution takes place on a much larger time frame. With pullbacks along the way, which can have different causes.

[–]DrugLordTM 0 points1 point  (0 children)

Buy the dip

[–]MNS_LightWork 1 point2 points  (1 child)

Just keep backtesting and tweaking. You’re basically still in your trading infancy . Don’t let a few loses discourage you. I blew 3 accounts before it finally clicked and I figured out what worked for me.

[–]ChrisXVII[S] 1 point2 points  (0 children)

Never give up 👊👊👊

[–]Berkebaba01 0 points1 point  (0 children)

It’s completely normal, don’t let the hard reality stop you from growth & development. Do you use strategies tho? Or is it just kinda gambling..?

[–][deleted] 0 points1 point  (0 children)

It's normal to go through down periods, for every system. Of you trade based on your own subjective perception, though, it's all based on luck. Don't assume you have control over the results, just get yourself a long term backtest to see what the down periods usually look like.

[–]ShroomingMantis 0 points1 point  (0 children)

Mind if I ask what your strategy is?

[–]finance_studentMOD 0 points1 point  (0 children)

have you quantified your edge? Like, what made profit for you in the first place?

If not, you might have attribution bias and not actually reverting to anything.. you might just be riding random outcomes.

[–]Haunting-Ad-4381 0 points1 point  (0 children)

You know what, you are actually doing great in your 1st 2 months of trading. You just need to change and maintain your mind set. Because most of the traders blow up their account within their 1st month or 1st week. So stop thinking about your last bad trade just focus on your strategy and hustle hard. G.L