Forex trading looks easy at the beginning. In fact, when you initially learn a little about the technical analysis and then you look at the back data and locate the past trade setups, you think that you have found the right way to make a living and achieving your dreams, but you get a different result than what you expected when you open a live account and start live trading. Why? Do the market and charts behave differently when live trading? Or there is something that doesn’t let you win and make money?
Finally, after a while of trial, error and losing, you give up and you think that it is impossible to make money through forex trading, or if it is possible and some people are doing it really, it is because they are genius and extraordinary,
and/or there are some top secrets about forex trading that nobody will share with you. There are some others who think that God doesn’t want them to make any money through forex trading. That is also a good excuse to give up for good 
This is something that happens to 98% of the traders. I have seen people who gave up after or even less than one week. There was a gentleman who signed up for a live account few months ago. He looked so eager at the beginning, but after less than a week, he emailed and said that he wanted to close his account, because he had tried enough and he thought that he can not make any money through forex. He said he wanted to try making money through promoting the products on eBay. I don’t know what he is doing now, but I am 100% sure that he has also given up on eBay and many other things after that, and he is still looking for a way to make money. Something he didn’t know is that forex, stock, eBay, pizza delivery, taxi driving, dish washing and… will have the same result as long as he doesn’t know where the main problem is.
I have also seen so many who have been trying for so many years and still losing and looking for a new trading system and indicator everyday. They have not given up on forex yet, but they have not tried to find the reason of their failure during all the past several years. If they had spent only few minutes to analyze their behavior, they could have easily seen where the problem was. It is not the market, the charts, God and… . It is only you who do not allow yourself to win. It is in your behavior and the way you look at the things around you.
It is the same with any other thing in your life. Everybody fails sometimes, but the difference is that some people learn from their failures and then change the way. These people will succeed finally. But others always accuse the others, conditions, God and… . The reason of 99.99% of our failures in anything like education, career, business, personal life and also forex is in ourselves. We do not see the things exactly as they are. We see them the way we like them to be seen. And this is where the problems come.
I am not going to give any advice about life here. I am not qualified to do that. I am here to talk about forex. But let me tell you that if you succeed to resolve your forex trading problem and you change from a losing trader to a winning trader, your life will also be changed, not because of the money you will make through forex trading, but because to resolve your forex trading problem you have to change the way that you look at the things, and if you succeed to do this, you not only can resolve your forex trading problems, but you can also change the other aspects of your life.
Whether you like it or not, forex trading has a direct relation and connection with our mind, thoughts and emotions. If you want to make money through forex trading, you have to master your mind.
Back to the beginning of this article, why does it seem so easy when you just start learning the forex trading and technical analysis, and when you check the back data and locate the past trade setups, but you get an opposite result when you start live trading?
It is very easy. The reason is that while live trading you do not see the forming/formed trade setups exactly as when you check the back data and previously formed trade setups. When you look at a formed trade setup that has already worked perfectly and moved the market to the expected direction for hundreds of pips, everything including the price movement formed before the trade setup, the trade setup, and the price movement formed after the trade setup are in front of your eyes. But when you are trading lively, you can only see the price movement formed before the trade setup, and also the trade setup, but not the price movement formed after the trade setup (because it is not formed yet).
So what is the consequence?
Your subconscious tries to form the missing part (the price movement that has to form after the trade setup) in your mind. Nothing wrong so far, but the problem is that if you let the subconscious go ahead of you and market, and form the price movement after the trade setup in your mind, it will always do this, even when there is no proper and strong trade setup. It easily deceives you and causes you to take the positions when either there is no trade setup, or if there is, it is not strong and confirmed enough. The result is loss, loss and loss.
You “think” you are looking at the price movement formed before the trade setup, and also the trade setup, but in fact you are looking at the price movement which has to form after the trade setup, but it is not formed yet. You are looking at the image that your subconscious has formed in your mind. You are not looking at the fact. You are looking at something that does not exist and may never form. You are looking at illusions and dreams, not reality and fact. You trade based on something that does not exist. So you lose.
In most people, subconscious controls everything. Most of what they say and do is based on what their subconscious forms in their minds. The problem is that subconscious is so stupid. It does not work based on wisdom and logic. It works conditionally and based on what it likes to see and have, not based on fact, reality and preference. It wants to see, hear and have what it likes to. When it can not see, hear and have what it likes to, it simply forms them for itself (in our mind) and so it cases us to make mistakes. This is the origins of so many problems in everything, including personal life and things like forex trading.
If you learn to distinguish and ignore the images that your subconscious makes in your mind, you will not decide emotionally anymore. Please let me give you some examples to help you understand this better. I know most people know nothing about subconscious, while it is their subconscious that decides for them in most cases. What a pity!
1. You love your son.You like your son to be always happy, provided and protected. You believe your son is the best, most innocent and loveliest creature in the world (even though you do not admit this verbally, but you believe it deep in your heart). One day your son makes a mistake and kills someone. Your subconscious that believes your son is the “best”, “most innocent” and “loveliest” creature in the world, makes thousands of reasons in your mind for not admitting your son’s mistake. Whereas you do not consider that someone who is killed by your son is son of another person who also believes that his/her son is the best, most innocent and loveliest creature in the world.
2. What if someone kills your son? Then your subconscious makes thousands of reasons that the murderer has killed the best, most innocent and loveliest creature in the world and has to be penalized in the worst possible way. Whereas you do not consider that someone who has killed your son is son of another person who also believes that his/her son is the best, most innocent and loveliest creature in the world.
When your son has killed someone, you give thousands of reasons that he is innocent and he did not mean it and so he has to be forgiven. But when he is killed by someone you give thousands of reasons that the murderer is the guiltiest person in the world, and you do not even want to listen to anything.
Where is wisdom and logic here? Nowhere. There is no wisdom and logic here. All your actions are controlled by your subconscious that works based on emotions and conditions.
You do all of these behaviors while you do not even know what is going on. You act like hypnotized people. Hypnotism is all about that. When you are hypnotized, your subconscious controls your behaviors. The hypnotist takes the control of your subconscious and your subconscious controls your behaviors.
3. You have not received the love that you needed to receive from your father. You always feel something missing, while you don’t know what it is exactly. Your subconscious always dreams about having a father who gives the love that you have not received. You grow up. You want to marry. Do you think that your subconscious let you choose the right person? No way. It pushes you to choose someone who fills the gap you have in your mind because of receiving no love from your father. Therefore, you feel so much attraction to old guys. You don’t know why, but you just feel it. You follow your inner desire (demon) and marry or establish a personal relationship with an old guy while you think you are deeply in love with him and he is what you always wanted to have. But this is something that your subconscious makes you think and the reality is something completely opposite. The old guy just wants to take the advantage of you for a while and then throw you away like a hot potato.
As soon as you see that an old guy who is smiling to you or talks nicely to you or tries to help you with something, your subconscious makes you think that he is the best and the rightest person, because it forms the image of the father and the love that you never had in your life. This is the illusion that your subconscious makes in your mind while you are not aware what is going on. You decide based on this illusion. But what are the facts that you never consider and see: he is so old; he is ugly; he is too smart and crook; he is a good actor; he has had so many others like you in his life; he looks two faced and callous; probably he could be good as a father, but he is not your father and he is not supposed to be your father; he … … …
These are all the things that you do not see. You will see them only when it is too late and you have lost a lot Exactly like the kids bed-wetting. I am sure you remember it. The bladder is full. You desperately need to empty it. You are suffering and this is what your subconscious that is always awake understands, but you don’t understand it because you are asleep. What happens then? The subconscious knows that when the bladder is full it has to be emptied. But as this is not possible for some reason, it uses the same technique: It forms what it wants to see and have. It makes you dream that you are in the toilet emptying your bladder (whereas you are in the bed actually). Your subconscious does its jobs and performs the best it can. But it is too stupid to understand that you can not go to the toilet, because you are asleep. As it hates to suffer, it thinks that it has the thing it wants to have. It forms the dream of being in the toilet and emptying the bladder. The poor kid is too young to understand the difference of really being in the toilet and dreaming of being in the toilet. So he does what he does. He thinks he is in the toilet, but he is in the bed. He will find out when it is too late and the bed is already soaked.
That lady also “thinks” that she has found her daddy and the missing love. But neither the kid is in the toilet, nor the lady has found her dad. It is all the illusions made by the stupid subconscious. Both the kid and the lady will find out when it is too late. The difference is that, for the kid it may only cost a few spanks, but for the lady, it may cost the whole life. If we keep on following our subconscious illusions, we can make big mistakes that losing money in forex can be the smallest.
If you review your past, you will see that you have done a lot of things based on your subconscious decisions. It doesn’t always make you do the wrong things, however, in most cases, specially when making vital decisions in your life, it makes you go to the wrong direction. I told you why. Because it does not decide based on fact, reality, wisdom and logic. It looks at the things, the way it likes them to be looked, not the way they really look. It is too stupid, and so we will be stupid too if we let it decide for us.
Back to forex trading again, if you click on the buy/sell buttons of your platform everyday and you are still losing, it is your subconscious that makes you click, not your trading skill, knowledge and system (strategy), not the charts, markets and indicators, and not even God.
Everybody likes to make money and become rich. Everybody “has to” make money to pay the bills and cover the life expenses. These are the things that our subconscious believes very deeply and strongly. We can let it work only till it makes us to take some actions and look for a source of income. For example it makes us to google for a job or business opportunity and maybe find forex as an option. But it has to be limited and controlled on some stages, otherwise it will make a mess. It likes to make money and become rich. Therefore, when you sit at the computer and see the chart, it always tries to convince you to click on the buy/sell buttons, even when there is no proper trade setup. When you see the chart, it makes you think that you have found a good trade setup. You think a little more, but in your mind it forms the price movement that has to be formed after the trade setup. It forms a nice and strong movement in your mind, and finally makes you click.
It is not only that. When the position goes against you, it makes you move or remove your stop loss, again through the same technique (illusions). It makes you remember some of the cases that the market turned around after a while. But it is too stupid not to think that although the market turned around before, it may never do it this time and so your account will be wiped out. Sounds familiar, right? 
After a while that it makes you lose, it changes its own settings. Before, it was used to think that “in order to make money, you have to trade as much as you can (greed)”. But now that you have been losing for a while, it thinks “in order not to lose all you have, you should not trade anymore (fear).” So you stop trading and you do not dare to click on the buy/sell button anymore. Even if you do, it makes you close your position as soon as it goes against you a little, or when you are in a small profit.
Later if you succeed to have some winning positions again (if it ever lets you do it), it makes you think that you have mastered the forex trading and it is the forex market that HAS TO follow you. You see yourself as the biggest trader of the world. You talk about your forex trading skills and achievements with so much excitements. Therefore, you think that now it is OK to take bigger risks. You do it and so you wipe out all you have, in one trade.
Sounds familiar also. I know Then the fear comes back again. And this cycle will be repeated, until you finally give up.
What Is The Solution?
This is what I always tell my followers:
1. Learn the basics and then a good trading system.
2. Wait for the strong trade setups to form.
3. Take the position, set the SL and TP and forget it. That is it.
Some more tips:
1. Do not take too much risk. Always follow the money management rules.
2. Never trade without a reasonable stop loss, no matter how skilled and experienced you are, and for how long you have been trading. For the forex market, everybody is the same.
3. Do not see beyond the obvious. See what is in front of your eyes, not something which has not formed yet.
4. Do not try to be too smart. The market is smarter than you.
5. Do not try to compete with the others.
6. Do not set any monetary or pip goal for yourself.
7. Keep it simple. Complicated trading systems and indicators are nothing but money suckers. Bottom-Line:
If you have already given up on forex trading, you will give up on all the other things too, and you will not get anywhere, because the problem is not in forex. It is in you. And you take the problem with yourself wherever you go. Please forgive me if I look rude. I am just telling you the truth. You may not like it, but fact is fact. I am not here to entertain you and tell you something that pleases you. I am here to help you make money through forex trading, if possible. Most people do not like the way that I talk, because I am not used to candy-coat my words. Although I know that “truth hurts”, I say it anyway. On the other hand, I am not like the other brokers who encourage their clients to trade as much as they can. I know that it will be ended to margin call. If something I am saying doesn’t make you think, you should know that there is something wrong. Not in my words, but in you.
The good news is that if you succeed to resolve your forex trading problem, the other problems that you have will be resolved too, because in order to resolve your forex trading problem, you have to learn to master your mind and control your emotions and ignore what your subconscious forces you to do. You will be a different person after making such an achievement. Now and this moment is the best time to do it. Believe it or not, but you can change yourself now and at this moment, even if you are 90 years old already.
Anyway!
We are doing good at Forexoma Online Trading Room. Join us and do your best Thanks for your time and have a great day!
