The Most Annoying Thing About Trading

[QdzResurrection]

Let me guess the problem. It seems that your greed are too harsh on yourself. You are trying to do very difficult things if not impossible. Read me comments in other thread, particularly in "the magic power of compounding". It's impossible to beat the market. However it is relatively simple to beat a bull or a bear market. Always try to make your life easier than more difficult. Happy the V day.

Quote from Flashboy:

When you hold onto something for a bigger profit it comes back down and stops you out.

If you bail early to protect your profit it winds up going in your direction to your entry point..

Shorted ES @1155.00.. had a target in mind of 1153.00.. bailed out at 1154.75.. wound up hitting target

Long NQ @1503.00.. holding out for 1510.00.. market hit 1508.00 a few times.. then headed south and stopped me out for breakeven since I moved my stop up..

This happens over and over.. I know many of you have experienced and still experience the same thing.. guess you can't pick and choose which ones to hold..

Just releasing some frustration.. can't trade right now.. too emotional..

 

[dbphoenix]

Quote from GSCO:

Flashboy take note.

Although these two are kind of being pricks about it. They both bring up excellent points.

A prick, possibly, but still trying to make a point that has not yet penetrated.

Flashboy still doesn't have a plan, unless by "plan" one means a collection of not-necessarily-related and completely untested ideas being tried out in real-time with real money. And yet he continues to be surprised that he continues to lose money.

FB can't very well be congratulated for following a plan that doesn't exist. I'll reserve my congratulations for when he finally develops and tests one.