Welcome to NexusFi: the best trading community on the planet, with over 150,000 members Sign Up Now for Free
Genuine reviews from real traders, not fake reviews from stealth vendors
Quality education from leading professional traders
We are a friendly, helpful, and positive community
We do not tolerate rude behavior, trolling, or vendors advertising in posts
We are here to help, just let us know what you need
You'll need to register in order to view the content of the threads and start contributing to our community. It's free for basic access, or support us by becoming an Elite Member -- see if you qualify for a discount below.
-- Big Mike, Site Administrator
(If you already have an account, login at the top of the page)
Excellent advice. @Eric j, I am curious about how you changed your attitude over time. Being presumptive, I would assume you changed from method-seeking to execution-refining. ? I find in general most failing traders are only concerned about their chart, their setup, their entry. Never focusing on anything else.
Good . I took a look at it and I wish you luck and skill .
Mikes reference to method development is pertinent regarding your sucess imho . I see many many traders here and elsewhere hammering away day after day and week after week on their approach and method but very few focus on proper position sizing , when not to trade , the technical big picture and especially EXITS . To answer his question - I was in a revolving pattern of boom and bust always looking for a better way to trade and never considered that my psyche was forcing me to not be able to act consistently . By not facing the reality that there is no perfect way to trade I always searched for a perfect way to trade and therefore spun around in circles looking for what doesnt exist .
I still am "addicted" to searching for the "way" but the searching is candy for me now and like a hobby since I cant live on candy . In practice I know that trading is only buying before price goes up and selling before price goes down and the rest is managing myself , the weakest part of my method .