Are you tired of being on the "wrong" side of the

psychology is the key to success in trading. are you match tough?

Moderator: moderators

User avatar
TheRumpledOne
rank: 10000+ posts
rank: 10000+ posts
Posts: 11440
Joined: Sun May 14, 2006 9:31 pm
Reputation: 45
Location: Oregon
Real name: Avery T. Horton, Jr.
Gender: None specified
Contact:

Are you tired of being on the "wrong" side of the

Postby TheRumpledOne » Sun Jun 25, 2006 10:27 pm

Are you tired of being on the "wrong" side of the trade?

If you seem to "always" enter a trade and immediately it goes against you, here's a way to reverse your fortune.

Open a practice account.

Enter the trade in the practice account.

Watch it go against you.

Then see the entry signal you should have waited for and enter in your real money account.

Sooner or later, you will start to wish you had entered the trade in your real account because you will have mastered the entry. Then, you can put the practice account away.

Simple, yet effective.

Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.

User avatar
TheRumpledOne
rank: 10000+ posts
rank: 10000+ posts
Posts: 11440
Joined: Sun May 14, 2006 9:31 pm
Reputation: 45
Location: Oregon
Real name: Avery T. Horton, Jr.
Gender: None specified
Contact:

Postby TheRumpledOne » Tue May 25, 2010 12:50 pm

Did anyone do this?
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!

Please do NOT PM me with trading or coding questions, post them in a thread.

jarnapal
rank: 150+ posts
rank: 150+ posts
Posts: 236
Joined: Thu Mar 04, 2010 6:16 am
Reputation: 0
Gender: Male

Postby jarnapal » Tue May 25, 2010 2:20 pm

TheRumpledOne wrote:Did anyone do this?


It works perfectly for me. When I have entered the trade with my practice account the "need" to get in disappears and therefore I can find much better place to enter with my real account.

It's like masturbating.

User avatar
MightyOne
rank: 5000+ posts
rank: 5000+ posts
Posts: 5251
Joined: Wed Dec 10, 2008 6:33 pm
Reputation: 46
Gender: Male

Postby MightyOne » Tue May 25, 2010 5:14 pm

jarnapal wrote:
TheRumpledOne wrote:Did anyone do this?


It works perfectly for me. When I have entered the trade with my practice account the "need" to get in disappears and therefore I can find much better place to enter with my real account.

It's like masturbating.



:lol:

User avatar
noushina
rank: 50+ posts
rank: 50+ posts
Posts: 147
Joined: Fri Sep 25, 2009 10:50 pm
Reputation: 0
Location: Fukushima Japan
Gender: None specified

Postby noushina » Tue May 25, 2010 6:44 pm

TheRumpledOne wrote:Did anyone do this?
No but I think I need to.

and thanks jarnapal for the chuckle.

Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.

GeorgeCh
rank: <50 posts
rank: <50 posts
Posts: 10
Joined: Fri Dec 31, 2010 10:59 am
Reputation: 0
Location: Geneva
Gender: None specified
Contact:

Postby GeorgeCh » Tue Jan 04, 2011 4:48 pm

This is seriously brilliant.

Another interesting technique I discovered is that I consistently fail to predict trends. Whenever I draw a trendline, the market will INVARIABLY go the wrong way.

I am seriously considering developing a trading system that involves me making a judgement and then trading AGAINST it. If my judgements are 100% wrong, then doing the opposite of my judgements would result in 100% winners, right? :)

User avatar
TheRumpledOne
rank: 10000+ posts
rank: 10000+ posts
Posts: 11440
Joined: Sun May 14, 2006 9:31 pm
Reputation: 45
Location: Oregon
Real name: Avery T. Horton, Jr.
Gender: None specified
Contact:

Postby TheRumpledOne » Wed Jan 05, 2011 5:15 am

You sound like George Costanza on Seinfeld...LOL!
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



Please do NOT PM me with trading or coding questions, post them in a thread.

User avatar
wangyue22
rank: <50 posts
rank: <50 posts
Posts: 44
Joined: Sun Dec 26, 2010 8:12 am
Reputation: 0
Location: US
Gender: Male

Postby wangyue22 » Wed Jan 05, 2011 5:57 am

jarnapal wrote:
TheRumpledOne wrote:Did anyone do this?


It works perfectly for me. When I have entered the trade with my practice account the "need" to get in disappears and therefore I can find much better place to enter with my real account.

It's like masturbating.



LMAO, i had a good laugh, can totally relate to it. my gf and i are currently living in opposite side of the country. :(


thanks for the good laugh and the great thread tjfxtrader :wink: .

ahhhh, fishing for the leader rat in a ocean made up of insects is so hard, its driving me nuts.

you are a cruel cruel man Tro. :D


and your method of teaching is priceless.

the best teacher dont tell you what to do to get it right, they tell you what NOT to do so that you wont be wrong. 8)
"find a job you love and you will never work a day in your life" Confucius

"its all relative" Eisenstein

"if you love everything, then nothing is work, if you think everything is work, then nothing is work" Confustein ^.^

User avatar
kate682
rank: 50+ posts
rank: 50+ posts
Posts: 52
Joined: Mon Feb 24, 2014 10:21 pm
Reputation: 0
Location: United Kingdom
Gender: Female
Contact:

Re: Are you tired of being on the "wrong" side of the

Postby kate682 » Thu Jan 08, 2015 4:31 pm

I'm going to try this, thanks Tro.
Hugs
Kate
xx
Empirical Trader
Current trade music :- https://www.youtube.com/watch?v=sYQwiNH20mU

tiptip
rank: <50 posts
rank: <50 posts
Posts: 15
Joined: Wed Jun 08, 2016 8:27 am
Reputation: 0
Gender: None specified

Re: Are you tired of being on the "wrong" side of the

Postby tiptip » Sat Jun 11, 2016 8:20 pm

well said, being positive and coming with a great plan.

Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.


Return to “trader's psychology”