It's hard hearing friends making profits, and I am losing money.

[tedmos38]

They are not full time trader and they are using "tips" to trade, so I assume they kinda just gambling, and I never asked if they made money or not in the longterm, But it just sucks seeing someone you know made money, and myself studying hard losing money, I guess this is part of the mental part in this game? But damn I want to delete them because of my jealousy.

If its just their luck that they are making profits, then you should disconnect with them, don't get carried away with the things they are doing, you are just hurting your mental peace.

 

[El Trado]

I literally want to block all their messages, cause it's a hard feeling watching someone you know makes money. Do you guys actually talk about market with friends? It's so sick when someone recommended a stock which you didn't buy, and they actually made money and yourself lose money on other stocks.

The average man doesn’t wish to be told that it is a bull or a bear market. What he desires is to be told specifically which particular stock to buy or sell. He wants to get something for nothing. He does not wish to work. He doesn’t even wish to have to think.

- Jesse Livermore

In other words, don't listen to other peoples recommendations, and if you do, try to forget it as fast as possible.

 

[ctheo1]

A trick for happiness is not giving a damn about others.
A bit of emotional intelligence is good, but living a "second hand" life by comparing or caring about opinions is not.
Focus on yourself.

+1

 

[Trader Curt]

I literally want to block all their messages, cause it's a hard feeling watching someone you know makes money. Do you guys actually talk about market with friends? It's so sick when someone recommended a stock which you didn't buy, and they actually made money and yourself lose money on other stocks.


Thanks,

What kind of trading are you doing and for how long have you been trying to trade?

 

[SanMiguel]

If its just their luck that they are making profits, then you should disconnect with them, don't get carried away with the things they are doing, you are just hurting your mental peace.

Do they talk about their losses as well?

 

[Amber_0302]

I literally want to block all their messages, cause it's a hard feeling watching someone you know makes money. Do you guys actually talk about market with friends? It's so sick when someone recommended a stock which you didn't buy, and they actually made money and yourself lose money on other stocks.


Thanks,

Your emotions are so heightened and this can be bad for your own trading. calm yourself and then focus. you will see the difference.

 

[Peter8519]

Trade what you believe and not on tips. Continuously working on improving your method. Document all your actions so that you can review them at a later date. It's a long and arduous process. No one except yourself can dig out of this hole. If it's that easy, why bother getting a job.

 

[TripleJs]

What kind of trading are you doing and for how long have you been trying to trade?

I've been trading for four years parttime on and off，lost a lot of money, now I tried to be trade more systematically and treat it as a business，but over the years，i picked up a lot of bad habit，specially on the mental side. in real life I am a calm and patience person，but in trading I becomes a maniac. been trying to change that，with friends like that certainly doesn't help.

 

[newwurldmn]

It’s easy to compare your whole reality to some one else’s 1/2 reality and feel bad. It’s human nature. You have to try to rise above it.

support groups where you can talk honestly about things help but they are hard to develop the trust required.

 

[TripleJs]

Do they talk about their losses as well?

few，but lot more time they talk about winner. I know they don't have a clue in trading，Thats what pissed me off even more.