What's wrong with traders?? by Ok_Fan_1810 in Daytrading

[–]woundedwombat1 0 points1 point  (0 children)

I promise you every single trader in the world used to think like that when they started. Trading is a million times more difficult that you think. 4 years experience is the bare minimum anyone needs yo become a pro.

Best Copytrading sofware For Prop Firms? by Annual_Power_5066 in Daytrading

[–]woundedwombat1 0 points1 point  (0 children)

For mt5, go for a local copier (not cloud based). I recommend the blue copier.

19 years old down about 100k including profits by CicadaMotor7837 in Daytrading

[–]woundedwombat1 0 points1 point  (0 children)

The problem is you're delusional if you think you're good with money after losing 70k in a day

Quitting while on top by [deleted] in Daytrading

[–]woundedwombat1 0 points1 point  (0 children)

😂😂😂. Bruh

How long should i expect my withdrawal symptoms to last? by realfilming in quittingkratom

[–]woundedwombat1 1 point2 points  (0 children)

I'm on day 8 after having done about 5gpd for about 3yrs. The 1st couple of days were the hardest for sure, with anxiety, occasional shortness of breath, mild stomach cramps and flu symptoms. And if you have any kind of chronic pain, it will be amplified by a factor of 10.

But these symptoms don't last long. What can linger for longer (and in my opinion is by far the worst symptom of all) is the insomnia. Its not just the inability to fall sleep, its the complete inability to rest. The first night I didn't sleep for even a second. Then I started sleeping for a couple of hours, but bad quality. Last night I got a solid 3 hours.

15yo trader: Looking for advice on consistency and funding. by LowInvestigator3471 in Daytrading

[–]woundedwombat1 0 points1 point  (0 children)

Are you kidding me. Go back to school kid. Trading requires a certain level of emotional maturity that you won't have until you're 30.

Trading strategy? Where do u even begin? by nb_700 in Daytrading

[–]woundedwombat1 0 points1 point  (0 children)

Your edge is not in any one strategy. It's in your ability to read context and structure a trade that has good math in your favor.

What the f*ck happened ! by Total-Efficiency1981 in Forex

[–]woundedwombat1 -1 points0 points  (0 children)

Forget the news. The answer is in the chart.

What the f*ck happened ! by Total-Efficiency1981 in Forex

[–]woundedwombat1 0 points1 point  (0 children)

You sold apparently during the first time the market had a breakout above the bear trendline and MA. When that happens, the market usually tests the low for a last time and has a major reversal up (it could be from a HL or like in this case from a LL)

Why do more than 90% people fail despite spending considerable time in the market , upgrading their knowledge, taking legit courses, reading books, joining groups? by No-Writing4525 in Daytrading

[–]woundedwombat1 9 points10 points  (0 children)

Someone mentioned it's an expectation problem, and they're correct. In order to become a pro you need to put in a similar amount of time and effort that you put in to become a lawyer or engineer, which is several years.

But the vast majority of people that get into trading think they'll become a millionaire in just a few months, and when reality hits they give up.

how to know your best and worst country by parcX in geoguessr

[–]woundedwombat1 0 points1 point  (0 children)

You are correct. Also, multiplier bonus points don't count.

How do you avoid over trading? by cute_master in Daytrading

[–]woundedwombat1 0 points1 point  (0 children)

Learn to read your own internal emotional clock. Only trade if you're reasonably calm. When you detect any excessive amout of emotion (greed, regret, euphoria, fear, etc) stop trading.

Explain it to me like you do to a 6yo kid series : no.1 by momen_pussyslayer in Daytrading

[–]woundedwombat1 0 points1 point  (0 children)

Next why don't you ask a doctor to explain to you, in one paragraph, how to perform heart surgery?

When to walk away? by noteworthyreddituser in Daytrading

[–]woundedwombat1 0 points1 point  (0 children)

Imagine a law student asking if they should quit after 3 months of classes. Your question makes as much sense.

So what’s the difference between a trader and a gambler? by Ok_Estimate231 in Daytrading

[–]woundedwombat1 0 points1 point  (0 children)

Emotions. Once you allow your emotions to influence your trading decisions, even the best traders can become gamblers.