training the mind before trading?

Originally posted by Biomech
ADX_Trader, you might be trading a style that is incompatible with your personality. Write down a list of your strengths and weaknesses as a trader and see if they are compatible with the trading style you are trying to implement. How can you change your trading rules to still be profitable, but also be more aligned with your trading personality?

The way I figure it, there are two ways to go about it. Either alter your style to fit your personality, or alter your personality to fit your style. Ideally you would probably want to do a little of both and meet halfway. In my experience, it is easier to alter the system.

Most people tweak their system to make the most money, when they should be tweaking it to fit their personality.

EDIT: I realize this is a semi-tangent. I think your fear of loss definitely needs to be overcome, but I also think the above advice would be helpful once you do that.

Biomech:
Thank for your comment.

I think my current system suits my personality than the previous one. The problem is how to balance "fear of loss" and "gambling". I read Elder's book and he convinced me cut the losses quick and don't overtrade. Together with my loss in the Forex, it seems now I was in the "freeze" state!!
 
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