I have heard of traders on other forums talk about how taking a break will help them also….
does this go against what I say by never giving up? NO, it means if you get really frustrated and confused, then it MIGHT be a good decision to walk away for as long as you need to knowing that you will come back….. The market will always be here….
but here’s the deal:
1) I have never taken a break from forex (2years) so I can’t say if it will or will not help you.
2) when I was in the position of questioning,,,, asking the same questions as you are…….”what if it is really not possible to make a living from forex?” and that type of thinking…. I was ready to give up. But I know in the back of my mind that I can not give up because I have spent over 1 year already… So I just keep going,,, being very broke……… there was actually times that I felt like throwing my computer screen and being very mad, lol, so It is possible that taking a break would have been good for me at that time, on the other hand, the fact that I kept going (demoing, trying new systems, ect…) eventually lead to experience under my belt that is now usefull in my trading now.
so it comes down to you personally,,, either keep going or take a break,,, one of the two,, BUT NEVER GIVE UP
I am only on my first month where I have made money good enough to live from,,, first time in 2 years,, there have been 3 other months that I have made money at trading but it was not consistent so I do not count that,, but this is the first month I did good enough for living, and the only thing I can say that matters the most is waited patiently for the right trade and only traded when I was felt confident and refrained from placing a trade that I was unsure about. and that only comes with experience of being glued to chart… (remember folks this is just my opinion and my personal trading experience,, please do not take this as advice since I have only one months profit and am not expert)