I'm, what most would consider, a rookie trader. I started to get into trading forex in about January. I did everything I considered great for about two weeks. The I hit the phenomenon where I held sway over the worlds markets. No matter what trade I put the markets will instantly turn around and go . I even considered calling the chairmen of World Banks to contract together to suppress or enhance their markets by simply placing a small trade. I eventually got past that obstacle.
Now I have what I call the two% blues. I cannot get above 2% under where my account started. As an example, if I start a new $5000 account, I'll make a few of winning transactions and then a big loss that will put me under where the account was opened. Then my wins and losses hold me at 2-4% under opening balance. Hopefully I broke this now as I pulled into the and side of my account by roughly 7 percent. I'm not actually asking for any help I'm simply sharing a fascinating mental hurdle that I have.
Does anybody else have any interesting mental challenges they have, had or need to conquer?