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Is this 3 weeks in total or 3 weeks on a live account.? if its 3 weeks in live then You probably went live at the wrong time of the year. Its holiday season and the markets get very rangebound. if its 3 weeks in total and you are asking these types of questions this early, then how long are you expecting to be able to get some consistency?
You might try getting a little education on trading techniques. Check out Trading Mission and Base Camp Trading. Both have trading rooms but are geared toward teaching how to trade and don’t expect you to be in their rooms forever. There are tons of “gurus” out there that are just after your money, but these two are legit. And no, I don’t work for either but have learned a lot from both. Good luck.
Paper trade. Do it for 6 months because something like 90% of new traders quit after 6 months. That way after 6 months you will be more experienced than 90% of the traders.
Think about whether you really want to spend years and years trying to master trading, since very few people are ever able to make any money at it. In almost every endeavor out there..you can usually find people who can prove they are successful. Finding a verified profitable retail trader is about as rare as a Sasquatch sighting. Something to consider.
Find it such a struggle to grasp the idea that all / sig portion of retail traders are not profitable. If is true for you then you are using too much leverage and/or trying to gamble, but even a gamble is 50/50 so outside of transaction costs there still should be a balance of positive traders.... fix the too much leverage scenario by defining a size/stdev scaled for your risk appetite (reducing your size) and keep to those risk limits... Trading is a long run game not quick cash.... then always keep to your stops and profit targets unless the information truly changes the market dynamics. Keep up with trends and fundamental info, don't try to scalp for a tick or two. I'm not saying its easy but it's also not a nobody wins game. And lastly if you are hitting a wall reduce size again or take a time out but when you come back make sure it's tiny size to build confidence again.
Really love to hear outside of high leverage / too much risk why retail traders can't be profitable.
Seriously, the experiences of a great number of traders on this forum over the years bear out the fact that trading profitably is hard.
I don't know your experience, but the best way to understand this is to get into the game with some (small amount of) cash money and see how it goes. Then, work to understand your trades and why you took them, as well as you can, and improve. Try not to lose too much in the meantime.
Rinse and repeat.
A good idea is to start a trade journal here and document your trade decisions. Ask for feedback; you will get it and it will help.
Now, if you are already a successful professional trader making all your income and paying all your bills from trading, then obviously you will simply understand that this advice is not meant for you, and maybe you've been successful for so long that you just don't remember when it was hard for you.
Otherwise, yes, learning to trade is a challenge.
I don't mean this in any way as a put-down. But experienced traders generally understand all this.
I hope you are doing well, and that you can find new ways to improve your game. People here do want others to succeed at it, and will help when they can. It just takes time.
Bob.
When one door closes, another opens.
-- Cervantes, Don Quixote
Ha, agree... staying away from bad decisions is a good one. Guess all I was getting at is its possible, def not easy and does take time/energy... But in the end its still possible and not like searching for gold at the end of a rainbow or finding sasquatch in the forest.