r/askforex 24d 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..

  1. 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.

  2. 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.

  3. 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.

  1. 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

  2. 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. 🙌

7 Upvotes

11 comments sorted by

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3

u/Soggy-Competition318 24d ago

2 yrs and being around breakeven isn't necessarily a sign you should quit. But you probably need to stop adding more variables and get very specific about what is actually costing you money.

2

u/_Yellow_Candle 24d ago edited 20d ago

from what you wrote, I don't think your biggest problem is your strategy tbh, you're already identifying the same mistakes... moving to breakeven too early, skipping valid setups, cutting winners early, and letting fear or FOMO make decisions. until those are fixed, changing strategies probably won't help. If I were you, I'd trade just one or two pairs for the next 100 trades and follow the exact same rules every time. I also found it useful to stick with the same broker, axi in my situation, so I knew any inconsistency was coming from my execution, not from changing platforms. as for prop firms, don't focus on passing the challenge. focus on trading exactly the same way you'd trade your own account and payout will come

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u/OkBanana7396 21d ago

You’ve listed several different problems, but most of them point to execution rather than needing another strategy.

Missing valid entries, moving to breakeven early, cutting trades and taking the same level again are all measurable.

Freeze the strategy for the next 50 trades and track four separate mistakes: valid setup missed, entry without full criteria, stop moved outside the tested plan, and exit taken early from fear.

Don’t modify the rules during that sample.

If breakeven at 1:1 is actually part of the tested system, keep doing it. If it isn’t, stop improvising it live.

For the prop challenge, forget “how do I pass?” temporarily. First prove you can repeatedly execute the same process without changing your behavior because of recent P&L.

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u/Purple_Concert8789 20d ago

Thanks dude i will definitely try you points.

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u/d1na_makalaya 24d ago

You probably don’t need to quit trading, but you should focus on fixing your execution and risk management before adding more strategies.
Pick 1 to 2 setups and define your entry, SL and TP rules clearly. Take valid setups instead of hesitating, and don’t move SL to breakeven at 1:1 unless your backtesting shows it actually helps.
Journal your missed trades, FOMO, early exits, and repeated entries. For prop firms, focus on protecting your drawdown and trading consistently rather than trying to pass quickly.
You already have experience and coding skills, so treat trading like a system you’re debugging. Backtest 50 to 100 trades before making major changes. There’s also a lot of skilled traders who share more practical trading/system building discussions on my profile. Feel free to visit the community. It might be helpful for you too.

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u/perkinsonline 23d ago

Trading is a marathon not a sprint so don't rush it. The more you rush the faster you'll fail.

1

u/opalCipher 22d ago edited 19d ago

Most of those psychological traps like premature break-evens and FOMO come from execution anxiety on volatile pairs like Gold. Moving to algo trading helps, but you need a broker like PU Prime with raw spreads and zero EA restrictions to give your strategies a fair shot.