prochargedmopar wrote:From an e-book (Igrok)
Conclusion of: Psychological Challenges of Speculative Trading
The easiest way of solving psychological problems is to abandon attempts
to trade on the basis of personal notion and forecast. Only the system
trade, while making decisions automatically according to the preset plan,
provides this opportunity. Turning to the system trade helps to solve the
problem by decreasing psychological pressure on the trader and avoiding
a lot of mistakes associated with psychological stress. The system trade itself
not only helps traders to make operational decisions to increase profit;
it also provides great psychological comfort necessary for the trader.
Hmmmmm, TRO is making this hard on me.
If I see a green H1 candle and it hits a number divisible by 25, GO LONG on the first one it touches.
If I see a red H1 candle and it hits a number divisible by 25, GO SHORT on the first one it touches.
Man, it sounds so simple.
Often there is a simple answer made complex by our minds inability to accept it.
I don't agree with the "if you are sick then take a pill" advise.
Find the reasons behind your psychological weakness and correct the problem.
Better is it to trade a $500 account aggressively than to trade a $5,000 account timidly.