Greetings BL,
Wrbtrader was gracious enough to take the time to provide an excellent solution to your current dilemma. But instead of realizing how fortunate you were to have your request properly and correctly addressed, like most newbies, you have chosen to fight for your continued ignorance as if it were a virtue.
BL, I feel for you and your problem, having been there myself many moons ago. You are in a dark place right now, ....and unfortunately you're unwittingly moving still deeper into the darkness. Ok, that being said, I will throw my hat in the ring to make another attempt to help.
Below is a reprint I sent to another newbie a few weeks ago. Let's see how you "chose" respond to it. In any case, best of luck on your journey.
Greetings, XXXXXXXX
I can give you all the trading advice I have to give, but I can never give you my trading experience. You will have to gain yours on your own. I can lead you to what I believe to be the proper path toward success, but I cannot make you step in that direction. If I tell you to avoid this or that dark place, and if you chose to venture there, I will remain at peace with your decision, and the likely circumstance which may follow.
So when you say that there is; âSo much difference between your Live Trading and your Sim Tradingâ, I say to you, why do you think that is the case? Is it possibly because you âactâ differently when you live trade, versus when you sim-trade? And if so, is that âacting outâ likely to be a problem that more or better technical analysis, or trade probabilities, can possibly solve? No,....it is more likely that you have some unwitting and inappropriate beliefs about the nature of the market which are at play. They are the root cause to the âacting outâ effect, not some more or better technical analysis.
XXXXX, the fact of the matter is; if a person canât make consistent money on a Sim-Trading Account, he canât make money in the Live-Market either. To believe otherwise is sheer folly. Donât you think it wise to be able to thoroughly test out something that you claim is really important to you, before subjecting yourself to the very real possibility of catastrophic consequences, due to âthinking errorsâ, mistakes, and inexperience?
Can you imagine what the results would be if a rookie Astronaut made the statement: âOh Iâll just wait until I get into space to test out my spacesuit oxygen system, because all this simulation isnât the real thing anyway, and I get bored with itâ. Or how about the Fighter Pilot who decides to pass up on all Combat Simulation Training because; âIt just isnât the real thing, so how can I possibly take it seriouslyâ.
"The market is a merciless mirror, and each moment is a perfect reflection of your current level of development, and what you need to do to get better and improve". I therefore submit to you, that if you are experiencing major deltas in the market in your emotional control, perceptual distortions, and judgmental instability; and that these things are due to the manner in which you are acting, conducting, or controlling yourself, then you have some internal thinking problems that must be properly addressed and resolved before you could possibly succeed in trading.
Iâm not talking about the Dr. Phil type of internal thinking problems, through they may be present as well. Again, it is more likely that you have some unwitting and inappropriate beliefs about the nature of the market which are at play.
The professional trader doesnât have to deal with these types of emotional issues, to the same degree as you while trading. While they may have âholes and gapsâ from time to time, the pro has long since learned how to control and compensate for these momentary lapses before they result in unwanted consequences.
YOU DO NOT! He/she has had to work them out during their own very personal and private âPass of Painâ. They survived this "Pass of Pain" because they learned how to find and resolve these issues without suffering through catastrophic game ending consequences. Or else they wouldn't be where they are.
XXXXX, learning something new and dynamic is always exciting and fun, but for your own sake, just make damn sure that what you are learning and studying, will be on the real live final exam.
Class dismissed.
Wrbtrader was gracious enough to take the time to provide an excellent solution to your current dilemma. But instead of realizing how fortunate you were to have your request properly and correctly addressed, like most newbies, you have chosen to fight for your continued ignorance as if it were a virtue.
BL, I feel for you and your problem, having been there myself many moons ago. You are in a dark place right now, ....and unfortunately you're unwittingly moving still deeper into the darkness. Ok, that being said, I will throw my hat in the ring to make another attempt to help.
Below is a reprint I sent to another newbie a few weeks ago. Let's see how you "chose" respond to it. In any case, best of luck on your journey.
Greetings, XXXXXXXX
I can give you all the trading advice I have to give, but I can never give you my trading experience. You will have to gain yours on your own. I can lead you to what I believe to be the proper path toward success, but I cannot make you step in that direction. If I tell you to avoid this or that dark place, and if you chose to venture there, I will remain at peace with your decision, and the likely circumstance which may follow.
So when you say that there is; âSo much difference between your Live Trading and your Sim Tradingâ, I say to you, why do you think that is the case? Is it possibly because you âactâ differently when you live trade, versus when you sim-trade? And if so, is that âacting outâ likely to be a problem that more or better technical analysis, or trade probabilities, can possibly solve? No,....it is more likely that you have some unwitting and inappropriate beliefs about the nature of the market which are at play. They are the root cause to the âacting outâ effect, not some more or better technical analysis.
XXXXX, the fact of the matter is; if a person canât make consistent money on a Sim-Trading Account, he canât make money in the Live-Market either. To believe otherwise is sheer folly. Donât you think it wise to be able to thoroughly test out something that you claim is really important to you, before subjecting yourself to the very real possibility of catastrophic consequences, due to âthinking errorsâ, mistakes, and inexperience?
Can you imagine what the results would be if a rookie Astronaut made the statement: âOh Iâll just wait until I get into space to test out my spacesuit oxygen system, because all this simulation isnât the real thing anyway, and I get bored with itâ. Or how about the Fighter Pilot who decides to pass up on all Combat Simulation Training because; âIt just isnât the real thing, so how can I possibly take it seriouslyâ.
"The market is a merciless mirror, and each moment is a perfect reflection of your current level of development, and what you need to do to get better and improve". I therefore submit to you, that if you are experiencing major deltas in the market in your emotional control, perceptual distortions, and judgmental instability; and that these things are due to the manner in which you are acting, conducting, or controlling yourself, then you have some internal thinking problems that must be properly addressed and resolved before you could possibly succeed in trading.
Iâm not talking about the Dr. Phil type of internal thinking problems, through they may be present as well. Again, it is more likely that you have some unwitting and inappropriate beliefs about the nature of the market which are at play.
The professional trader doesnât have to deal with these types of emotional issues, to the same degree as you while trading. While they may have âholes and gapsâ from time to time, the pro has long since learned how to control and compensate for these momentary lapses before they result in unwanted consequences.
YOU DO NOT! He/she has had to work them out during their own very personal and private âPass of Painâ. They survived this "Pass of Pain" because they learned how to find and resolve these issues without suffering through catastrophic game ending consequences. Or else they wouldn't be where they are.
XXXXX, learning something new and dynamic is always exciting and fun, but for your own sake, just make damn sure that what you are learning and studying, will be on the real live final exam.
Class dismissed.
