Yukoner's 2015 Psychological Journal
- Thread starter Yukoner
- Start date
Redneck, I haven't quit yet. All I am saying is that Yukoner needs to be able to follow the plan that has been outline before I can even attempt to help him with the other stuff. The problem I have is I don't know how to help someone that does not have [what I consider] baseline discipline.
Once Yukoner demonstrates that baseline discipline and is interested in moving forward, I would be more than happy to assist.
Hope I make sense.
Frankly, I was disappointed with Yukoner (disappointed -> due to my desire for Yukoner to succeed!) when I read his update. I was aware of my disappointment when I wrote my previous post, and might have over compensated by being too terse (need to become aware of that too!)
Regards,
Monoid.
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Hmmmm ..... A lot to think about!
Some of my thoughts.
To succeed in any endeavor requires several steps, as when a child learns how to walk.
It would be outright silly to believe that trading would be any different!
However, the fact is that when you start trading you can lose a lot of money unless you are well prepared to learn quickly from your mistakes.
If you keep making the same mistakes then you are not going to learn anything of value, and will more than likely not last long enough to stand on your own two feet.
To succeed in any endeavor requires several steps, as when a child learns how to walk.
It would be outright silly to believe that trading would be any different!
However, the fact is that when you start trading you can lose a lot of money unless you are well prepared to learn quickly from your mistakes.
If you keep making the same mistakes then you are not going to learn anything of value, and will more than likely not last long enough to stand on your own two feet.
I ain't quitting... I am changing. Not sure how much time that is going to take, but I am committed. Is a rose any less a rose, if all you can see is thorns and a few green leaves?
If need be, I will go down to only one trade a day and execute it perfectly... then stop. But I will get there.
dude you really just have to stop with the analogies and phrases and get to work. lol I mean no disrespect but thorns and green leaves and the chicken and the egg and and and .....
rubbish. WORK. You want it - go get it!
rubbish. WORK. You want it - go get it!
@monoid : I understand your position. However, I did commit to you this week, and I will continue with what you have recommended the rest of the week.
Some great points so far from this exercise:
1) Your recommendation to only have minimal focus on trading outside of trading hours, and to give my brain a rest from all of this. I found that one hard to do, but at the same time, I could feel a refreshing in the brief time that I did this.
2) Permission to screw up a trade after I put it on correctly. Interesting consideration, and in some weird way it felt like I didn't have to be perfect. Lowered my expectations.
PS. Don't give up yet... double down till Sunday. I at least have to know what to do with these recordings... as I still haven't listened to them.
I can wait a lot longer; I am going nowhere, and I have all the time in this world! But, you need to show us that you can, borrowing Redneck's phrase, "nut up!"
All the best.
Regards,
Monoid.
Yuk,
I would toss out out adding on to a position, when I was doing an add on I made sure the combination of both was at least a break even at my combined stop. I think you should just concentrate on 1 position at a time, keep it simple. You got your hands full.
S4L
I would toss out out adding on to a position, when I was doing an add on I made sure the combination of both was at least a break even at my combined stop. I think you should just concentrate on 1 position at a time, keep it simple. You got your hands full.
S4L