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Controlling Emotions is Not the Goal of Trading Psychology 5 replies
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Trading System versus Trading Strategy: Gaining a Profitable Edge 33 replies
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My trading strategy and life goal 17 replies
Disliked{quote} Oh geez, this gives me headache. Couldn't the guy conplicate it even more? Terrible, really. If somebody finds this useful, then I am totally dumb.And I was thinking I am overcomplicating at my trading, using only 3 things- PA, Volume and SR.
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Disliked{quote} Hi D, While I appreciate your intent to help others, I think I'd have to agree with Fisher755 on this one. Too complicated, and may not be a good fit for everyone. I also think most of us are not automating our trading. I'd like to caution against sharing trade methods on this thread. I have no problem with sharing ideas, but it's primarily focused on interactive trading, and focusing on the goal of getting through a year of profitability. I also have some ideas that I think might help others, but I do not share them here. One reason is,...Ignored
Disliked{quote}Well said. If green pips in the end of year, that's it- great basis for every trader as a proof he can be profitable. Nothing more needed.
All the rest is finetuning.
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Disliked{quote} Okay, no problem. I know there are others also who have started a new explorer. That's okay, but I don't understand why anyone would do this. It only prolongs your goal, and you don't gain the confidence of coming back from a draw-down. Even if you completely blow the account and have to deposit money (happened to me a few times), why not just keep the same explorer, and learn to recover? This is just my suggestion, as there is no rule broken here. At the end of game, if you can make it to one year profitable, then the goal is accomplished......Ignored
Disliked{quote} Okay, no problem. I know there are others also who have started a new explorer. That's okay, but I don't understand why anyone would do this. It only prolongs your goal, and you don't gain the confidence of coming back from a draw-down. Even if you completely blow the account and have to deposit money (happened to me a few times), why not just keep the same explorer, and learn to recover? This is just my suggestion, as there is no rule broken here. At the end of game, if you can make it to one year profitable, then the goal is accomplished......Ignored
Disliked{quote} Some traders got more confidence by showing a new green track record after blow (positive thing). But the negative thing is after prolonged time, They will tend to bend the rules again (like of all Us) to overtrading. After prolonged green in pips, the sickness of overleveraged comes again and kill the "f***ng" profits. I careless about the profit in one year, two year, or even ten years, as long as I can trade every year to kill the boring days. That is why I think the most important thing is "Safety" and You will live in trading in many...Ignored
Dislikedokay, guys/gals... I will say one more thing about starting over, then I shut up about it, lol I strongly encourage you not to start over. This may sound harsh, but it is a reality. There will always be failures and mistakes in trading, you'll never be perfect. Learn to deal with the emotions that are consequences of your mistakes. If you don't learn this, you will never succeed as a trader. But if you see things differently, I respect it, and still wish us all success!Ignored
Dislikedokay, guys/gals... I will say one more thing about starting over, then I shut up about it, lol I strongly encourage you not to start over. This may sound harsh, but it is a reality. There will always be failures and mistakes in trading, you'll never be perfect. Learn to deal with the emotions that are consequences of your mistakes. If you don't learn this, you will never succeed as a trader. But if you see things differently, I respect it, and still wish us all success!Ignored