What was the ***last*** thing you had to master before becoming profitable?

when I become a risk taker. I am not afraid of loss, neither afraid of missing opportunity.

I feel the market is at my finger tip, totally under my control. not feel like I was at the mercy of the market. when it goes against me, I still can thinks positively and sleep tight, since I know market does what it does, let it be.

I start to not glue my eye on each tich, quote, chart,...

whenether I do some nasty things, most will think, such as averaging down, no stop loss, all in no position size,... I just can do it. the market is actually the safest place in earth.

like really in the zone,feel great!
 
Not holding a loser and waiting for the game to come to you were the two hardest psychological barriers I've had to overcome in my trading journey spanning 5 years.
 
Quote from IchibomB:

Not holding a loser and waiting for the game to come to you were the two hardest psychological barriers I've had to overcome in my trading journey spanning 5 years.
More...


Still working on this, its hard time to keep the emotions under control when we are trading in the forex market.
 
perfectly executing my system without fail. Took me 1.5 years before I developed systems and processes to execute my system in markets without fail.
 
taking losses. controlling risk. stopped day trading and got a full time job. stopped chasing the silver bullet; there is no such thing.

trading can humble one quickly. psychologically as soon as you think you got it figured out and you have that feeling of euphoria, take a step back and reassess cause you are probably breaking some rules if you have any. be as systematic as possible, whatever it takes to get you to that point.
 
You must log in or register to reply here.
Back
Top