Mental Ceilings and self fulfilling prophesies

[bdixon619]

Natalie,

I think it was mostly good luck initially that led to pride in my accomplishments. That led to a sense of infallibility in my market assessments. Once I had this attitude and began on the wrong side of a trend it was awfully difficult to acknowledge my mistake. Eventually, I did.

Bruce

 

[Girlpower]

Quote from bdixon619:

Natalie,

I think it was mostly good luck initially that led to pride in my accomplishments. That led to a sense of infallibility in my market assessments. Once I had this attitude and began on the wrong side of a trend it was awfully difficult to acknowledge my mistake. Eventually, I did.

Bruce

Hi Bruce,

I think we could easily start a whole new thread with that quote. I've been there too, and I wonder how many others have...?

Best

Natalie

 

[bdixon619]

Hey Natalie,

That would be a sad thread I'm more interested in stumbling onto an empowering mindset. Something that will help me get up in the morning and keep me going through the losses.

Discipline in trading is much harder to find than discipline in preparation. Knowing a market's tendencies doesn't really help when it comes time to take the plunge.

The long term average of a point a day can be a good start. And I admire candle for having the courage to keep striving for this humble standard. Maybe if we listed all the different strategies we have for achieving just one point it would be helpful...I'll start with one.

Ideally, my first trade of the day should be based on the last Fibonacci retracement from yesterday. I didn't have the courage to take it today. It was a perfect setup and it yielded almost 7 pts. of profit but; I couldn't pull the trigger. See, we didn't have to start a new thread to tell a sad story!

Bruce

 

[Girlpower]

Quote from bdixon619:

Hey Natalie,

I'm more interested in stumbling onto an empowering mindset.

Bruce

Yes - Me too, but less stumbling onto it, rather nurturing and developing it. I've been meditating a fair bit in the last couple of months and that really helps keep the mind healthy too.

Best

Natalie

 

[Atlantic]

Quote from gerry875:



hast du das gesehen? da hat doch glatt dieser lustige moderator (oder wer auch immer) mein (deutsches) posting gelöscht?! eine sauerei - intolerant und diskriminierend - was meinst du?

[did you see that? there nevertheless smoothly this merry moderator (or whoever) mine (German) posting deleted?! one sauerei - in an intolerant manner and discriminating against - which you mean?]

whoever translated this - your english is not better than mine.

 

[Girlpower]

Quote from gerry875:



whoever translated this - your english is not better than mine.

I've no idea, but the posts in german were pretty much on topic so I can't think of a reason for them to be removed.

Best

Natalie

 

[Atlantic]

Quote from Girlpower:



I've no idea, but the posts in german were pretty much on topic so I can't think of a reason for them to be removed.

Best

Natalie

you're so kind - where are you from?

 

[Girlpower]

Quote from gerry875:



you're so kind - where are you from?

Yorkshire - England.

best

Natalie

 

[Scientist]

Quote from gerry875:



you're so kind - where are you from?

The land of Churchill as it turns out ...

 

[Scientist]

Quote from Girlpower:



Yorkshire - England.

Sorry, but I just can't help thinking of those fluffy little dogs where you never know what's front and what's hind...