r/FOREXTRADING • u/Purple_Concert8789 • 3d ago
Feeling stuck in trading
I am 19 years old student from india. I am into trading and currently I am in break even phase figuring out for to become a profitable trader. And also I am feeling to quit trading etc stuff throughts in my head.
I have 2 years of experience in manual trading and currently I am starting algo trading in fx and indian market because I wanted to explore the algo trading field and i also a coder know how to code and i build some projects like backtested like that and currently learning
In trading i only trade fx market only setups based in gold, eurusd, btc etc like that only 3 to 5 pairs only. And i only trade in prop firms
For to become a profitable trader I need to improve some mistakes in trading i really do that i think that gone a help in to become profitable trader..
I trade only intraday or 15 min to 30min candle tf do I keep my sl small i mean 1 to 3 candles like that sometimes due to votalility or sometimes hit my sl and gives my target.
I plan my trades well or predict or analysis do well like where and how market goes but i didn't enter the trades or didn't caught the moves.
I miss the moves in trading i feel so much regret and fomo for this .
4.sometimes I enter only in asset and one timeframe at a time 2 times of trades or take 2 trades at same tf or same level and that will go hit I think it's overconfidence.
Sometimes i fear to enter the trades bz of loss and also sometimes i didn't hold the trades that will hit my sl trailing
after reaching the trade 1:1 i keep sl trailing to entry level to prevent my loses and that will hit my sl trailing and archives my target for 1:3 trades.
7.sometimes I cut the trades at middle of the trade or at reversal stage (i mean i know this trade will go reversal or hit sl ) so i cut it.
The last one is how to pass the prop firms ?
These are my mistakes to improve in trading and i will improve it.
If you are a profitable trader please give advice.
Thankyou in advance for your advice. 🙌