As a beginner consistent trader...

Leob

Leob

I'm in a worst mental confidence state of mind after I'm up 1200$ after 10 minute..
I can't trade. Im afraid to fail. I'm very attached to my profits after realizing. No issue with keep with the move. Why? Can this limitation can be improved.
In a way I understand where it came from..
30 years 9-5 job and after 5 years.. I have my move in intrady day scalping, it's a issue to me I guess.. kind of hard to accept, that I'm fucking ,just do it.
 
Leob said:
I'm in a worst mental confidence state of mind after I'm up 1200$ after 10 minute..
I can't trade. Im afraid to fail. I'm very attached to my profits after realizing. No issue with keep with the move. Why? Can this limitation can be improved.
In a way I understand where it came from..
30 years 9-5 job and after 5 years.. I have my move in intrady day scalping, it's a issue to me I guess.. kind of hard to accept, that I'm fucking ,just do it.
More...
In trading, afraid to fail is far better than the reverse.

If you did 1200$ or so in 10 minutes and are afraid to lose it, then just stop trading, and your day will end up 1200$ in profit. There is nothing wrong with that. There are a lot of guys here who would be really happy with that.


(Well after re-thinking, maybe you just mentioned that to show us how good you are...;-)
 
rb7 said:
In trading, afraid to fail is far better than the reverse.

If you did 1200$ or so in 10 minutes and are afraid to lose it, then just stop trading, and your day will end up 1200$ in profit. There is nothing wrong with that. There are a lot of guys here who would be really happy with that.


(Well after re-thinking, maybe you just mentioned that to show us how good you are...;-)
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No, it's true.
In my journey every time I tackle in issue I moved to demo. This emotion not popup under demo
 
Leob said:
This emotion not popup under demo
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When you are in demo what part of your Plan do you apply in order to handle situations such as the trade management situation outlined in the OP?

A tip of the hat to Robert Morse for his post from which this was lifted,
1 -What triggers a buy or a sell to open?
2 -What triggers an exit?
How do you size your trades?

What would you say belongs in a solid trading plan?
https://elitetrader.com/et/threads/...solid-trading-plan.340340/page-4#post-5031706
 
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