2024-09-21 13:14
IndustryMy Trading volatility/commodities
I am a new day-trader. My trades are 90% with commodities.
Up until recently, my strategy seemed to be working fine and I had increased my capital by 20% in 6 weeks. Lately, it looks like every time I'm going bear, it'll turn around to bull and the other way round.
Just to mention that I rarely get in a trade without waiting for some kind of confirmation, but despite that, it looks like after I see 2 or 3 bull bars with good volume and I enter the trade, it'll turn around and I'll end loosing it.
So, in a few words, the charts go from bear to bull and the opposite way so fast and unexpectidly, that loosing a trade is nearly a 100% possibility.
I am not sure why the past 3-4 weeks especially, it is an everyday occurence and as a result, my gains are close to zero.
It had happened before, but as a new guy in the "game", I am unsure why it became so regular and my confidence is dropping as fast as my available trading capital.
Any suggestions on how to turn this around?
Like 0
Phong Hồng Lê
Trader
Hot content
Industry
Event-A comment a day,Keep rewards worthy up to$27
Industry
Nigeria Event Giveaway-Win₦5000 Mobilephone Credit
Industry
Nigeria Event Giveaway-Win ₦2500 MobilePhoneCredit
Industry
South Africa Event-Come&Win 240ZAR Phone Credit
Industry
Nigeria Event-Discuss Forex&Win2500NGN PhoneCredit
Industry
[Nigeria Event]Discuss&win 2500 Naira Phone Credit
Forum category
Platform
Exhibition
Agent
Recruitment
EA
Industry
Market
Index
My Trading volatility/commodities
| 2024-09-21 13:14
I am a new day-trader. My trades are 90% with commodities.
Up until recently, my strategy seemed to be working fine and I had increased my capital by 20% in 6 weeks. Lately, it looks like every time I'm going bear, it'll turn around to bull and the other way round.
Just to mention that I rarely get in a trade without waiting for some kind of confirmation, but despite that, it looks like after I see 2 or 3 bull bars with good volume and I enter the trade, it'll turn around and I'll end loosing it.
So, in a few words, the charts go from bear to bull and the opposite way so fast and unexpectidly, that loosing a trade is nearly a 100% possibility.
I am not sure why the past 3-4 weeks especially, it is an everyday occurence and as a result, my gains are close to zero.
It had happened before, but as a new guy in the "game", I am unsure why it became so regular and my confidence is dropping as fast as my available trading capital.
Any suggestions on how to turn this around?
Like 0
I want to comment, too
Submit
0Comments
There is no comment yet. Make the first one.
Submit
There is no comment yet. Make the first one.