hmmm dear if you want a holy gril of the trading then just do two things

1- Money management is the holy gril of trading.

2-plan your trade and trade your plan just it.

follow this simple rule you if as you say you were 50/50 trades of rreult then you can make huge profits if you just make a good money managment and follow it .

trading is very simple job so take it easy not greedy or fear in mind.

I guess you doing well,,,,because you have profit and have loss too...so I assume there's nothing wrong with your system & also maybe indicator....

All you have to do is make a note every you trade, write down detail why you loose & also why you win.....after that, next, trade only when your system indicated profit......

no need to trade every day, retail trader like us only need to follow market movement.......every day trader is only for BigBoy who can move the price.

Also theres nothing wrong if you want someone to manage your money,,,,your mistake is because you choose wrong person,,,,,,,you have to choose Manager which at least 1 or 2 years experience, with small drawdown (less than 5% DD), with monthly profit stable (avoid manager with 1 month get 80% profit next 10%, next month 50%...)...dont get tricked with very very high profit, if you choose Manager like this, then you same greedy as trader,,,,and then wait for next MC.

just my personal opinion.

hmm great thread still the members share the lot of basic point for the trader. dear id you  wana trade and wana see some profit in future then you        must learn basic things (that i think that you learned) and trade yourself from now start with small capital but staart to gain not dollors but pips and when you get the average good pips in a weak then add some more money in your account and then trader with same strategy and then increase the capital as much as you can after much confidence and hunting pip.

You need to first make sure that you are able to generate consistent and regular profits in demo account first before you start to trade in real account. So now you should go back to demo account first and practice properly.

There are several common mistakes in trading and include investment in a single currency, the use of a very high leverage, and especially the fact that the investor does not have a Money Management.

Losing is very common, and it is against human nature to be successful at forex.  In fact, there is something abnormal in people who consistently win.  It is normal to not want to lose money, yet this is something you must do in forex.  It is normal to want to take profits quickly, yet this is something you must do in forex.  It is normal to want to make money everyday in a job that you attend everyday, but again, its something you must not do in forex.  It is normal to listen to other peoples opinions, but again, this is something you should not do in forex.  It is normal to celebrate making money, but again, something you should not do - win or lose, that is all you do.

Trading in forex is so against human nature, you must really work at becoming something seperate from human nature - this takes years, or training, or you are an abnormal person to start with.  I sometimes wonder whether talented autistic people would be the most brilliant forex traders - they are only comfortable in a routine, don't respond emotionally as others, and do not mind isolation.  Certainly if you are a normal, sociable, someone who is comfortable with expressing emotion and has a normal life, you are at a disadvantage!

Greediness is one of the main reason why we loose in forex trading and if we controlled it then we can make a huge profit through it and i just working hard here in trading to make large profit .

Greediness isn't one of the main reasons - its why everyone is in forex after all.  It is usually a lack of successful testing, lack of confidence in the system, and breaking your own rules and discipline.

The main reason for your loss is your in discipline and you wrong way of trading you should be more attentive on the market and must see the condition first before you place any order .

I have been thinking about why losing is so easy - its because trading is actually really difficult.  Despite people saying it is easy - it is not.  You have to limit risk and maximise profit otherwise it will just not work and you will lose.  The only way to do this is to trade against a trend (either buy dips or sell rallies).  To do this, you need to 'guess' at reversal points (either short or long term reversals) within a margin of error equivalent to your stop loss.  Lets say you look at the 15min chart.  Considering that guessing at reversal is inherently difficult (if you look at a chart - price reverses significantly only 3-4 times a day for about 20 pips+  on eurusd), and you need to guess at those 3-4 points over 96 15 min candles.  If you are purely randomly trading you have 4/96 chance of guessing the reversal on the candle or about 5%.  If you have a 20 pip SL, then it gives about a 10-25% chance of guessing at reversals only.