After many year trading still making few stupid mistakes, Need to know I am not alone
- Thread starter govno
- Start date
Quote from govno:
not sticking to my plan I lost 1 k, stupid mistake
how could I possibly think I know better than my plan
make me feel better and say this happens to you too
Dalai Lama once said when you lose, donât lose the lesson.
I suppose it depends on whether it is the same mistake again and again, or different mistakes periodically.
How about you burn (literally) $1000 in cash every time you lose a $1000 trading. That might make the lesson stick.
pneuma
No, you're not alone.
There is something wrong with ur system. U obviously don't trust it.
U need to remediate that.
U need to remediate that.
yep, you're not alone.
i attribute to Discipline. there are many things you know you should do (or not do), but it takes a "new" mistake or repeated mistake to remind you about your original plan.
to some people, there is no way out .... it requires "pain" (as in losing big money) to be finally rid of one mistake/bad habit. then there are other mistakes and bad habits ....
i attribute to Discipline. there are many things you know you should do (or not do), but it takes a "new" mistake or repeated mistake to remind you about your original plan.
to some people, there is no way out .... it requires "pain" (as in losing big money) to be finally rid of one mistake/bad habit. then there are other mistakes and bad habits ....
Quote from hoodooman:
I lost 24,000 in one day. Get in line.
A lot of "traders" are really in it for the action, but kid themselves by telling themselves it is a way to make a fast buck.
The $1k you lost shouldn't be a problem to you if that is your uncle point. I always know how much it is going to cost me to make a trade before I enter since the stop goes in first.