I always buy at the top!

[nutmeg]

You might be a redneck if you buy on an uptick and sell on a downtick.

---Nutmeg Foxworthy

 

[DrEvil]

Quote from frozzor:

reverse your buy and sell keys

Or if the conflict is too much, give your buy and sell calls to a partner who will fade your trades.

 

[xburbx]

There is a lot of insight into this paragraph that says a lot about your trading.

Indicators
Not seeing support and resistance before you enter the trade
Blaming the market
Not having a strict entrance and exit plan

Just a few things to point out. Not being mean, but just what I grabbed from what you wrote.

Quote from pennystocker:

I noticed I did this when I had the balance to day trade. I always bought at resistance levels. I could buy randomly and it becomes a resistance level 10 out of 10 times. I could even short randomly and it becomes a support level! I am just that kind of person.

I am always watching the bid/ask order flow and I am wondering what I am locking on to subconsciously that would make me buy the worst price level. Maybe it's the price moving up and down at a higher frequency as it hits a resistance that excites me to jump in, disregarding other indicators [thought, even when indicators say it's entry time, I never fail to hit resistance!]. I do not freaking know why this happens! I admit, I didn't have a rigorous entry/exit plan. Likely, just lack of discipline and stupidity that got me into trouble which I am now blaming on some subconscious signals the market is sending me.

 

[Fireplace]

Look on the bright side, it only took you two years to be a perfect trader, now just reverse your executions and you'll be raking it in

Quote from bat1:

2 yrs

I buy when there is Greed and sell when there is fear

I need to reverse this it's hard to do

no guts no glory I guess

 

[Fireplace]

On a serious note, try and talk to yourself before each trade and remind yourself about the validity of the setup. Is it real or emotional. Alot of times actually talking to yourself out loud makes a real difference. I think as humans we know when what we are about to do is wrong (taking an emotional trade, eating cake at 2am, talking to killthesunshine in chit chat, answering a Crgarcia thread etc) but we still do it anyways. However, if we actually took a moment to say, out loud, "is this really worth it" we'd probably do far less dumb things as a species.

 

[HuggieBear]

Just give up....figure out why you like trading, and rechannel that focus elsewhere. you can do it.

 

[deadbroke]

Quote from bat1:

and sell at the lows just like clock work......


buy high sell low...lol

I'm going broke. help!

A "smart ass" is someone who can sit on an ice cream cone and tell you what flavor it is

 

[fullblotter]

Quote from bigb:

heres an idea.....dont trade when near the highs or lows of the day.....wait for a reversion to the mean, poc, value area, ma, something else to intiate a trade. Leave the bottom picking to the big boys

best advice.

all the action and duping takes place at the lows and highs. rarely is the top/bottom put in until there is one last dupe swipe to break the highs/lows. this is the hardest area to trade but beginners and pikers are always obsessed with trading it. I suspect part of it is for the psychological victory of getting the top or bottom print.

 

[ebaronjr]

First, great post!!! Anyone that has not have the same issues are lying to themselves. Trading is 90 percent mental. My only suggestion, is if you don't like trading off of support lines, playing the bounce in the trend, don't play the breakout until the market retreats and gives you an entry near the previous swing point.

Whatever you do, Paper trade and journal first so you have a track record before you trade with real money.

Good luck!

 

[adadadog]

reversing buy/sell will not work either.