Aliassmith Psychology 101 and other stuff
Moderator: moderators
-
aliassmith
- rank: 5000+ posts
- Posts: 5057
- Joined: Tue Jul 28, 2009 9:50 pm
- Reputation: 2848
- Gender:
Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.
Thank you for your support.
-
aliassmith
- rank: 5000+ posts
- Posts: 5057
- Joined: Tue Jul 28, 2009 9:50 pm
- Reputation: 2848
- Gender:
-
aliassmith
- rank: 5000+ posts
- Posts: 5057
- Joined: Tue Jul 28, 2009 9:50 pm
- Reputation: 2848
- Gender:
I think the success went to my head. Had 16 days up and then I thought
I was superman and went two days down. I went back to figure out what
happen and I figured out I was not following my strategy and also blindly
holding on to losses.
Correction plan for next week: Follow plan or DIE!
I was superman and went two days down. I went back to figure out what
happen and I figured out I was not following my strategy and also blindly
holding on to losses.
Correction plan for next week: Follow plan or DIE!
Trade Your Way as Long as It Makes Money!
aliassmith wrote:I think the success went to my head. Had 16 days up and then I thought
I was superman and went two days down. I went back to figure out what
happen and I figured out I was not following my strategy and also blindly
holding on to losses.
Correction plan for next week: Follow plan or DIE!
In my opinion, a gain is having the funds to trade more and a loss is lacking the funds to maintain your position size.
-
aliassmith
- rank: 5000+ posts
- Posts: 5057
- Joined: Tue Jul 28, 2009 9:50 pm
- Reputation: 2848
- Gender:
MightyOne wrote:aliassmith wrote:I think the success went to my head. Had 16 days up and then I thought
I was superman and went two days down. I went back to figure out what
happen and I figured out I was not following my strategy and also blindly
holding on to losses.
Correction plan for next week: Follow plan or DIE!
In my opinion, a gain is having the funds to trade more and a loss is lacking the funds to maintain your position size.
"...a loss is lacking the funds to maintain your position size."
Have to have a fairly large loss if your broker gives 100:1 leverage to
not maintain position size.
Trade Your Way as Long as It Makes Money!
Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.
Thank you for your support.
-
aliassmith
- rank: 5000+ posts
- Posts: 5057
- Joined: Tue Jul 28, 2009 9:50 pm
- Reputation: 2848
- Gender:
Its funny how we all go thru the same things....I recently wrote down my trading plan ( for the 3rd or 4th time) and each time I do it I get more detail and leave less to chance and it all gets a little better and then I enter early or forget to check where the hourly candle is or some other stupid mistake...it's so easy to deviate from the plan and I regret it each time. I think I may put at the top of my plan: Follow the plan or DIE........lolI've learned from my mistakes and I'm sure I can repeat them exactly - Peter Cook
-
TygerKrane
- rank: 1000+ posts
- Posts: 1733
- Joined: Mon Jan 25, 2010 3:36 pm
- Reputation: 297
- Location: Long Island, NY
- Gender:
Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.
Thank you for your support.