Multiple Time Frame Momentum Trading - Best Free Forex ...

My different type of gambling story

I just feel like I finally need to share my story (only person who knows so far is my sister, I absolutely needed to tell someone).
So I've never understood the appeal of gambling. I never played slots, never ran poker for money or anything. My first sports bet was a Floyd Mayweather fight. Knowing what I know about boxing, getting a 20% return on my investment for May fighting McGregor was an absolute no-brainer. What I didn't know, though, is that I signed up for an extra promo and the cash out would not work. So this quickly spiraled into parlays and obscure tennis and football matches all over the world to be able to cash out what I put in. I lost 200 bucks, but the insight into people analyzing these things all day was somewhat fun. Shit result, but nothing that really hurt retrospectively. Wrote that off and never ever looked back at sports betting.
Enter summer 2019. I get interested in the stock market. I read a lot, I actually do research on financial statements and decide to invest in actual stocks. It works. Commissions take the fun out, make gains miniscule, but it works. Enter finding out about Forex and CFDs. Leveraged. Again I start slowly, news tickers, books, lots of observation. Technical analysis is like old people horoscopes, but if I see movements that overshoot, I find out what causes them and decide if reversing them might make sense. I start with 200€ again. And it works. Beginners luck and the fact the stakes weren't high, but after a couple of weeks im up by 500€. 150% gain, Over 50 positive trades in succession. Not a single loss. The perfectionism will become my downfall as you might imagine.
October '19. The FED is injecting repos into a market that keeps having these mini-recessions. The liquidity brings the spikes they hoped for, but the underlying problems won't just dissapear. So slowly, I am shorting the market. It keeps running up - I become aware that these trades will be longer term. I can hold the positions for a year. I know it will blow, I just wasn't sure when. On the ride up, I keep shorting. I'm slow to realize how the margin shrinks. I need to deposit more money. I can spare another 500. And another 250. And another 500. They say the market can be irrational longer than you can be solvent. November I lose my job.
By January the P/L hits -4500€. I'm confident that this can't hold but I am running out of money. I'm ashamed to ask for financial help and I would never risk losing anyone else's money. So the credit card has to to. My card, my debt.
WWIII almost kicks off the year and it finally dips. A single night later I witness the strength of the irrationality. My mental time frame is now to hold until middle of march.
But the margin kills me, I am running out of money. I can't hold my positions. So one after another I start closing, panicking, how will I make this back?? This is it: I'll raise the stakes and just make this back. After all, these were my very first losing trades, even though they were huge. This is where I start to realize I am now gambling. I'm blindly taking positions to make money as fast as possible.
Instead of making it back, I keep losing more.
3000 gone.
another 1500.
1500 in a day.
700.
1150.
Today I'm down 8000€. On a historic day. The one I was actually anticipating since October. The "coulda woulda shouldas" are incredible in this one. Not only would I still have 8000€, but I would've raked some extreme profits if I was able to hold.
Instead, being unemployed gave me all the time in the world to watch charts and treat this liek a game I could gamble on. Unneccessary trade over unnecessary trade, ever shorter time frames, chasing every loss. The chasing and the frequency made me realize I have an addiction. The fact I deleted the app and still kept checking charts, just to hop back in and lose again.
I started listening to the after gambling podcast and all the themes were so familiar, even when I wasn't betting, playing slots or cards or roulette. The mechanisms that ruined me were exactly the same. I just sold myself this dream instead of having someone else advertise it to me.
This is by far the lowest point of my life so far and I can't tell wether that's a good or a bad thing.
Debt is now about 1.5k + 6k student loans. Just the thought that I could be debt free today kills me. The thoughts of the vacations, the furniture and all the little gifts and trinkets the money could've been for me and the most loving girlfriend I have. It's gut wrenching. But more than anything else: The sleep, the health, the peace of mind that I have lost - the time - all the things I could have spent my time on. Educating myself, sports. Life was fuckin great until October, I ran my first half marathon; today I feel like a shell of my actual self.
I am sorry for this massive wall of text, but I really needed to let go of this. Today is day 1 and we will count to infinity. Have a great day and keep those spirits high. <3
submitted by _IdesOfMarch to problemgambling [link] [comments]

WHY YOU NEED TO KNOW THE BEST TIME FRAME TO TRADE **FOREX ... The Best Time Frame To Trade Forex  (Learn This) - YouTube What is THE BEST Time-Frame for Trading Forex?! - YouTube The Best Time Frame To Trade Forex - YouTube Higher Time Frame Forex Trading Tips - YouTube Combining Forex Trading Time Frames...What NOT to Do - YouTube WHAT TIME FRAMES TO WATCH WHILE DAY TRADING? 📈 - YouTube

Time Frames. You should also pay attention to time frames. As a result of their nature, trading signals do not work well for strategies such as scalping. By the time you receive the signal, the scalping opportunity has already come and gone. That said, there are scalpers out there who still use a signal service. Every FX signal system is a reflection of the personal methods and preferences of ... Weltrade offers forex and commodity trading on several live accounts, including their ZuluTrade and ECN options. This broker review will tour the platform and provide everything you need, including regulation, Bitcoin spreads, promo codes, and minimum deposits. According to the developer, Bali is a scalping forex strategy, or at least, it is designed for short term time frames. It is also good for day trading. It suggests quite short stop losses (SL) and take profits (TP). However, the recommended timeframe is rather long, and so, signals are sent quite rarely. In Forex, it may be a little difficult as it is a 24 hour market but there are times in Forex where volatility dries up. If you are swing trading Forex, think of entering your positions at the New York session close. You may have to edit your candlestick closing time (if possible) to have a snapshot on how they day played out. Forex Promo “Follow Your Dream” Don’t miss your chance . Join the Promo. Tweet. Forex Technical Analysis Strategies. Forex technical analysis is the study of market action primarily through the use of charts for the purpose of forecasting future price trends. Forex traders can develop strategies based on various technical analysis tools including market trend, volume, range, support and ... 9 time-frames; One-click trading; Multiple order types; Historical price data; Market Watch quotes; 20+ graphical objects ; 30+ built-in technical indicators; Automated trading through Expert Advisors (EAs) MetaTrader 5. The multi-functional MetaTrader 5 (MT5) terminal is the successor to MT4 and comes with a range of advanced tools suited to the more advanced trader. The powerful system ... A good stock scanner is necessary for most day traders, especially those who trade on very short time-frames. You can see a live example with our premarket gap scanner. Most scanners can scan on time-frames as small as ticks, and move out as far as weeks, all while updating results in real-time. Why do you need a stock scanner? The reason scanners are so important is because you need to trade ...

[index] [25862] [11759] [14435] [5052] [16177] [6016] [21768] [16244] [27346] [28632]

WHY YOU NEED TO KNOW THE BEST TIME FRAME TO TRADE **FOREX ...

Honestly this video should greatly help your Forex trading. While it is absolutely true that we use different Forex time frame combinations to confirm our tr... Join our Trading Room where we discuss all things forex: https://bit.ly/2yjZmp4 What time-frame should I be trading on? I get this question all the time! Of ... 📈 FREE: The Complete Price Action Strategy Checklist - http://bit.ly/2o5NO0M In this Bangkok Forex trading vlog, I share with you my 5 best tips for higher t... The Best Time Frame To Trade Forex In this video Jay Wayne will show you The Best Time Frame To Trade Forex ..... Check Mark's Premium Course: https://price-action-trading.teachable.com/ Check our website: http://www.financial-spread-betting.com/ Please like, subsc... Join My Free Group: https://t.me/ForexChasersProFx Forex trading tips, best time-frame and the best video that will teach you how to choose the type of trade... WHY YOU NEED TO KNOW THE BEST TIME FRAME TO TRADE **FOREX-CRYPTOCURRENCY-STOCKS** What Broker Do I recommend? https://bit.ly/2QCWYTD Disclaimer Our content i...

https://binaryoptiontrade.ciacriptereticpa.gq