A handful of bitter tears, I have been trading for five years, and I still lose money, what should I do?

Mazhu's advice: If you fall into a mud pit, the smartest choice is not to dig the pit deeper!

Mazhu has been trading for eight years and has been losing money. Now that I have switched to trading from the media, summing up the experience and lessons, I suddenly found that this year's progress is greater than the sum of the past seven or eight years. Sometimes traders do enter into a state of continuous losses, and they do nothing wrong. They lose money for several days, months, and years, and there are very few profitable orders, just like being possessed.

Mazhu's suggestion to you is to stop quickly, whether you turn to study or thinking, or even do nothing in a daze, immediately stopping trading is the best choice when you continue to lose money. Trading loss is a pit. The more you struggle to get out, the deeper you will sink. If you don’t stop, you will dig this pit deeper and deeper.

A thought of Mazhu: How do losses, especially continuous losses, occur?

Ninety percent of people in the market are losing money. This is a phenomenon rather than a principle. Even if you know this fact, you still cannot understand why this is the case, let alone how to avoid becoming a member of the losing army. It was only these two days that Mazhu suddenly realized that for the vast majority of ordinary retail investors, continuous losses are destined to be the only ending. ​

Mazhao's stock has been locked for almost a year, more than 20 points, life is hopeless, there is no other way but to continue to stand up and wait. And Mazhu bought a few good stocks before, but ran away after earning four or five points, and watched them soar to double. The same is true for foreign exchange speculation. Retail traders have two bad habits, or two unrealistic fantasies: if they make a profit, they will settle their pockets as soon as possible; If you have these two habits, then you are doomed to continue losing money.

​Suppose your winning percentage is half to half, and the possibility of carrying the order back is also half to half: the first order wins, and you run away with 10 points; You ran away with 10 points, won the third order, ran away with 10 points, and lost the fourth order. If you don’t come back after resisting 50 points, you may stop the loss at 80 points, 100 points or directly liquidate your position up. People who like to settle profits quickly and continue to carry orders after losses are doomed to such a reincarnation, and every account will inevitably end in liquidation. And these two points are precisely the nature of most retail traders, no matter whether your trading skills are high or low.

Mazhu just experienced a big loss, and it was a big loss of two hundred and five.

Gold rose sharply this week, but Mazhao placed an empty order on Tuesday without setting a stop loss. In the afternoon, I caught up with some business at the company and didn't have time to take care of it. When I got off work, I saw that I had lost more than 10 knives, which is more than 100 points. At that time, Mazhu began to fantasize, imagining that the gold market could turn around and go down at the next pressure position, until 9 o'clock in the evening, watching gold break through the various moving average pressure positions at the 1h, 4h, and 1D levels in turn, and finally lost money When I paid 25 knives, which is more than 250 points, Mazhua manually stopped the loss, which brought a fatal blow to Mazhua's tiny account.

The operation of this single Mazhao completely violated his own trading technical indicators. When Mazhao placed the order, my trading signal did not appear, that is, the short momentum breakthrough, so this order was actually placed randomly. In addition, the mandatory stop loss condition repeatedly emphasized by Mazhao in the previous article, that is, when the reverse momentum breakthrough indicator appears on the 1h line, it is regarded as a technical form damage, and the stop loss must be left, and the subsequent bullish trend will also It is from this momentum breakthrough of the 1-hour line that it started, and Mazhu did not lose here.

Mazhu noticed this breakthrough, but at that time the loss was almost 100 points, and he began to imagine that he could get it back. Later on the hourly line came out a technical indicator called "momentum correction" by Mazhao, which could even be used as a signal to enter the bullish trend. So it is doomed to suffer a big loss.

The only advisable operation of this single claw is to stick to the light position. After the loss occurred, it did not increase the position at any subsequent pressure level. Although the big side of more than 250 points was enough for 250, it did not liquidate the position. Ma Zhu was finally able to return from the wrong way, and finally the strong man broke his wrist, leaving some hope for Ma Zhu. If you carry it until now, it will definitely be bare.

Mazhu believes that loss is the best teacher for traders.

Losses are a trader's best teacher, which should have been the title of this article. This loss exposed that Mazhao's trading psychology is still very poor. Since earning more than 200 pips on the British pound last week, Mazhao has been waiting patiently. Last week, he only did a little tentative operation, which is equivalent to a short position. for a week. And this Tuesday, when I saw that gold was breaking through downwards, I was suddenly overwhelmed and placed an empty order without a signal, which was the disaster. Ma Zha decided to face the wall and think about it this week, and no longer operate.

Only losses can truly teach and educate traders. A trader is like a gambler. As long as there is money in his pocket and the casino is open, he can't stop. There must be a huge loss and a complete loss before the gambler can be forced to stop, let him start to wake up, let him give up his illusions, and realize his mistakes. It would be a great happiness if we could just stop doing it. If you can't stand the hand, then reflect on your gambling skills. After experiencing this loss, Mazhao has strengthened his confidence in his trading technology and trading system, because no matter the stop loss position or the development process of bulls, they all fully fit Mazhao's technical system. Mazhao is inseparable from the casino. After this lesson, Mazhao must be more patient than before, and stop losses more resolutely, waiting for the next rebirth from the ashes.

In foreign exchange trading, you still need to be more restrained and more patient. You must reach a point that is in line with your own profit before you go up. Don’t be greedy. In fact, it is a matter of probability. There is an indicator that has been studied by you many times. If this indicator appears, you will act, and if it does not appear, you will not participate. As long as you learn to restrain yourself, you will definitely not lose money all the time. In many cases, impulse is the devil. It is simple to say, but it is difficult for some people to do it!

You have to find out the reason for your loss. I don’t think it’s a technical problem if you’ve been losing money for five years. It may be that you have developed some bad trading habits when trading, such as being greedy, not setting a stop loss, and taking a heavy position. This, these small bad habits will be magnified in your trading, and eventually lead to disaster.

It’s been a long time, and to be reasonable, in five years, you can do a lot of things, so I suggest you rest for a while, think about what to do next, whether to continue or do what you want to do!

In the ever-changing foreign exchange market, knowing how to protect yourself is the attitude that successful investors should have towards losing money. The last thing you should not do is to immerse yourself in past losses, which will affect your re-trading, and then cause a vicious circle of losses. Don’t let A bad mood affects your judgment.

After ten years of trading, it took me a long time to be able to do a job with ease. But when you look back, you will find that you were not so miserable when you lost money.

Maybe you are still a genius, earn what you do, and often flip your positions, but because of a "mistake", you have returned to before liberation.

Maybe you have a unique vision, or knowledgeable, analysis, or talent tells you that the euro will form a bottom, and gold will continue to rise. But it was just that you were too confident at the time and placed a heavy position. After your position was blown out, the market went as scheduled. Or maybe you are not so confident, and you could have earned ten times the market, and you have earned 10% and you are talking about how high your "annualized income" is.

Maybe you are very patient, you can sit by the computer and stare at it for several hours, and you are very principled, and you will never open a position until it is opened. But the failure in the end may just be because you suddenly feel that you are awesome, and you don’t need to be too obsessed with a certain point, a certain stop-profit and stop-loss position. As a result, even I don't know how your account was eventually eaten away.

Two glasses of 50-degree water will not become 100-degree water when poured together. This shows that we cannot superpose the temperatures at all. If we admit that any trading method cannot point to a definite result, but is just a product based on probability. So are we also unable to superimpose the probability advantage?

Similar to this is the "round barrel theory", how much water a barrel can hold does not depend on the longest piece of wood, but on the shortest piece of wood. And the more complex your barrel, the more likely it is to have shorter logs. In fact, the transaction is exactly the same. A successful transaction requires correct opening, correct holding, correct exit, and correct fund management. If there is a problem in one of these links, the transaction may eventually fail. That's right, for a profitable transaction, you must do all the links correctly; but for a loss-making transaction, you don't need to do all the links wrong, just one link is enough up!

I have seen a lot of trading cases where the market was clearly correct, but they lost money because they did not manage their funds well. On the surface, currency trading can be both short and long, and capital leverage can also be used. It seems that it will be easier to make a profit. But in fact, the foreign exchange market is more likely to make traders die faster and more miserable! The reason is simple, any problem in any link may make you be swept out of the market.

If we say that a successful transaction requires many links. And every link of yours needs (relies on) a variety of trading techniques to complete. Then there will be more chances of causing problems in your trading behavior, and the probability of final failure will be greater. That's right, the success or failure of trading depends not on the size of your greatest advantage, but on the size of your greatest disadvantage.

In the end, you will find that you are actually excellent, but when you are indulging in your excellence, have you taken your disadvantages seriously? And when you have an epiphany, it means that you clearly know where you have failed, and you are not talking about your past glory. Realize that there is a future.

Foreign exchange also depends on talent, if you don’t have it, you don’t have it. For some people, I think that if you haven’t made money all the time, you have to change your thinking and strategy until you make money and keep making money. Afterwards, you will find that a real master is actually the easiest way to make orders!

This market is relatively fair. If you are always losing money, it can be summarized into a few points. The problem of the platform you made, followed by the problem of personal technical level. There is no system to delve into it. Many people have lost money in the past few years as a lesson for themselves. Paving the way for later profits

Losing money is normal. Out of 100 traders, 70 will lose money steadily, 20 will keep their capital, and only 10 will make a profit.

In the process of making orders, what you need to do is: don't aim at sudden profits, but aim at stable profits. Of course there is a good market, but you can't find it, you have to wait. For example, when crude oil fell to 26 US dollars per barrel in 2015. If you do more than 60,000, it will reach 1 million in half a year. In recent years, there have been many similar market situations. But most of the time, we are stable, which is explained as: on the basis of no loss or very little loss, the profit is maximized. As for how big, it depends on the sky. The only thing we can do is "controllable risk".

Thanks to the beggars in the foreign exchange market for the invitation. It is a very common phenomenon in the trading field to still lose money after five years of trading, and as far as the length of five years is concerned, it may be far away from being a successful trader.

To become a leader in any field needs to be polished, and trading is no exception, and the polishing time will also take longer. According to the calculation of a trader with mediocre qualifications, the first stage starts with two years of random trading, completely based on feeling. Single, in the second stage, when you are losing money, you start to read books and study, visit forums, talk to great gods, and start to get in touch with things that can make you profitable. This time will take about two years. The most important thing in the next third stage is to seriously Known breakthrough, start to build your own trading rules, which involves filtering, optimization, trial and error, the process of being defeated, standing up, and being defeated again. Generally, it may take one or two years for those with better talents, but more People will always get lost in this stage. The talent here does not refer to those illusory things such as disk sense or intuition. The talent here refers to the ability to see the essence of things, a high degree of dialectical logical thinking, and the ability to find the balance between pros and cons. The fourth stage, which is the final stage, is to be able to run your own trading system stably for at least three years, because any trading system will have unfavorable periods, and people always want to make some changes during unfavorable periods, but these changes are likely to be Abandoning the rules that have been established with great difficulty, this link is the easiest to fall short.

So based on this process, a successful and mature trader needs about eight to ten years of polishing. It will be better if the progress is fast or there are very powerful masters to guide you, but some experiences must be experienced by yourself, so I think it will take more than five years at the earliest. The subject said that he has been losing money for five years. This loss is actually not important. It is just that he has not made money and his life is poor. But you must be clear about your position. If you are always confused, then you may lose money for the rest of your life. According to the stage I mentioned above, you can locate which stage you are in. If it is the failure period of building the system, then congratulations, because this is the darkest period before dawn, and being able to have the awareness of building the system is already far from A successful trader is not far away, if your life allows, I encourage you to persevere, because when you succeed that day you will know how precious this time is.

If you are still in the first stage I mentioned, then you can indeed continue to trade, but you can also choose to give up, because it is really possible that some people are just not suitable for trading, as if some people are born to be officials , Sometimes it is really helpless, find a field you are good at to develop, the future is still very long, as long as you get to the field you are good at, the growth rate will be several times that of ordinary people.

Maybe you will not be reconciled, because you have worked hard and lost a lot of money in the five-year transaction. It is too depressing to leave like this, and is it true that transactions cannot be done without talent? Back then, Dennis and Bill argued about whether traders could be cultivated, which led to the great Turtle Project. Dennis believed that traders could be cultivated, and Bill believed that traders needed a certain talent. Later, they learned from thousands of Thirteen of the applicants were selected to form the first batch of Sea Turtle trainees. None of them had trading experience. Later, most of these thirteen became the world's most powerful traders. At that time, many people believed that Dennis won this award. It is a gamble, thinking that traders can indeed be cultivated without talent, but later when Curtis was writing the book Turtles as the first batch of the most successful turtle traders, he did not think Dennis won the gamble, because these thirteen Although the selected turtles have no trading experience, their occupations are doctoral students, doctors, accountants, computer developers, etc. It can be said that they are all high-achieving students. They have super learning ability and super high ability. Logical thinking, aren't these talents? Turtles need to be picked and not randomly assigned, which in itself is an unfair gamble. So from this point of view, if you choose to quit the topic, it is not an unacceptable result. Human intelligence is divided into many modules. Even if you can distinguish colors accurately or have extraordinary hearing, they are all great talents. There is no need to care too much about whether you are Stronger than others in logical thinking, everyone has their own field of expertise.

The right to decide all things is still in your own hands. Think carefully about your future plans, list the worst possibilities, and if you can accept it, you can make the choice that suits you best.

Are you satisfied with this answer?

You can stop trading and start learning from scratch. Either don't trade, or learn.

If it has been done for five years, it will still be in a state of stable losses. Basically, it is determined by seeing the nature of the transaction clearly and not forming its own transaction, and building its own trading system. To sum up the several states of loss, it is basically the low winning rate caused by frequent opening of positions, and frequent sweeping of stop losses. Or it was caused by increasing positions against the trend and carrying dead orders. Basically, it is a few months of hard work, half a month to return to before liberation. The solution is to hold your hand and hold the list. Waiting is also a trading strategy.

First of all, you have to be clear that the financial market does not mean that you can become a teacher after a few years of staying. Otherwise, why do old stockholders with decades of stock experience still lose money?

The financial market needs to learn technology, technology is easy to learn, but you need a good teacher, if you don't have one, I recommend it.

Have a good teacher, and then calm down to learn, and when you learn, your logic is actually unclear and continuous, because what you learn is the teacher's technique, at this time you need to familiarize yourself with the market by watching the market, because technology and The actual market will always be different. After building confidence with the technology, you need to practice small positions. First, achieve a balance between income and expenditure, hold a good attitude, follow up with execution, and then slowly expand the stop profit.

When you make stable profits, you need a pattern to support you to continue on.

Before that, if you have no technology and no mentality to execute, or you have the wrong technology, or you have the right technology but no mentality to execute, then the longer you stay in this market, the more you will lose, and you will be less and less convinced of technology and technology. Own.

There are also people who think that the next technology is the best technology, and firmly believe that they can find a technology that does not lose money. In fact, it is all whimsical.

Foreign exchange trading is a long road. We all grow up in losses, accumulate experience, focus on a variety, keep a good trading log, and maintain a good attitude

People who have not experienced the pain of this kind of loss will not understand. If you have been devoting yourself to serious trading for five years and have not achieved success, then you should press the pause button for yourself now, let yourself take a good rest for a while, and start from scratch. Let’s start trading again. The most important thing is not to gamble with all your belongings tomorrow. It is justified to invest with spare money.

I agree, I have been doing foreign exchange for 4 years, but it is not as violent as before. Making orders also requires skills, the most important thing is to conform to your own trading methods. Some people are good at long-term, some people are suitable for short-term, so first find your own position. Hope to get faster and faster on the way back!

The root cause of the failure of most traders is their lack of IQ! Concentration and logical thinking determine whether you are likely to succeed! If you want to be a trader, first look at yourself, focus

what to do? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ?

There are only two choices: one way~ stop here, exit the market, and never step into it again, but you must accept the reality and facts that you are not willing to accept; It's a real person.

I would like to warn all novices to find their own real apprentices as soon as possible, and don't think that they are superior. The probability of such a probability in the trading market is a little higher than the probability of a lottery jackpot. I would rather lose money in the market than spend money on apprenticeship, and wait until the money is gone before looking for a real person, it will be too late, there is no such logic. At this time, let alone looking for a real person, you can’t find a fake person. A real person is not a philanthropist, it depends on the opportunity. A real person is too busy making money to teach others.

A warm reminder of what chance is. The more sincere and grateful a person is, the easier it is to find a real person. If you don’t know how to be grateful, the more you want to mix up some skills and mix one-and-a-half tricks, the harder it is to find a real person. reason.

Those who want to learn by themselves can of course continue, but they need to suffer. If you have the ability to continue to realize yourself, I am so excited, what's the matter! ! ! ……hehe

It's been five years and you're still losing money. Your foundation is still solid. It is recommended to calm down first, do simulations, find out the market sense first, and then learn more about technical indicators. Although I am not optimistic about indicators, there is no shortcut to doing foreign exchange. You need to know everything you need to learn. Finally, you find a way to make orders in your own range. Don't trust others, trust yourself, only what suits you is the most important thing!

It should be helpful to develop good trading habits and get rid of your bad habits before. Investment still has risks. Control your mentality and don’t be arrogant or impetuous. Give it a try