MightyOne wrote:lukx wrote:+ or -
i'm doing it easy but -10% an hour
When you focus on the money that is when you lose it.
If you take a trade and you fear taking a loss then you have already lost before you even started.
Repeat after me:
I do not care about money
I do not need it
I do not imagine what I can buy with it
I do not imagine how it can change my life
It is worth less than a used coloring book...to everyone.
The second problem is believing that you should lose.
A friend of mine would say,"If I believed that I would lose then I would not have placed the trade."
You can push buttons all you want but that does not mean that you believe in yourself and the reasons for placing the trade.
What do you think this trade is going to bring you? Based on what exactly?
How many times has your account been up by 50% and you say something like "I can't believe that I am making money" and low and behold you start losing it all back again.
Repeat after me:
I can win, I should win, I am making it happen right now.
Holy s**t I am winning! Of course I am...why wouldn't I.
Notice that the "repeat after me" is positive reinforcement.
If you do not believe then you cannot achieve.
I know it sounds hokey, but what comes out of your mouth and what you tell your self directly impacts your success.
Success is not about chart patterns, it is about your psychology and the application of what is true.