NexusFi: Find Your Edge


Home Menu

 





self coach trading


Discussion in Psychology and Money Management

Updated
      Top Posters
    1. looks_one alejo with 332 posts (228 thanks)
    2. looks_two xelaar with 17 posts (22 thanks)
    3. looks_3 ratfink with 10 posts (20 thanks)
    4. looks_4 Itchymoku with 8 posts (12 thanks)
      Best Posters
    1. looks_one tigertrader with 5.2 thanks per post
    2. looks_two ratfink with 2 thanks per post
    3. looks_3 xelaar with 1.3 thanks per post
    4. looks_4 alejo with 0.7 thanks per post
    1. trending_up 86,716 views
    2. thumb_up 449 thanks given
    3. group 40 followers
    1. forum 450 posts
    2. attach_file 328 attachments




 
Search this Thread

self coach trading

  #441 (permalink)
 
xelaar's Avatar
 xelaar 
prague, czech republic
 
Experience: Intermediate
Platform: NT7, MT4
Broker: LMAX
Trading: DAX, Gold, Euro
Posts: 1,505 since Feb 2013
Thanks Given: 1,740
Thanks Received: 2,568


alejo View Post
my main issue, continue, want to be right, hold the loser and big loses
today i touch my life limit, and the hurt &all the necesary to continue has a limit, i think i have overpassed
one more that pass to the silent and hidden history
that was my path
thank you to everybody and good luck

It takes a courage and strength to recognize the need of a major change. Good luck in your new endeavors and maybe one day you will come back with a different ideas and a mindset. Wish you all the best!

Trade to live. Not live to trade.
Follow me on Twitter Visit my NexusFi Trade Journal Reply With Quote
The following user says Thank You to xelaar for this post:

Can you help answer these questions
from other members on NexusFi?
My NT8 Volume Profile Split by Asian/Euro/Open
NinjaTrader
ZombieSqueeze
Platforms and Indicators
NexusFi Journal Challenge - April 2024
Feedback and Announcements
Request for MACD with option to use different MAs for fa …
NinjaTrader
 
Best Threads (Most Thanked)
in the last 7 days on NexusFi
Retail Trading As An Industry
58 thanks
Battlestations: Show us your trading desks!
55 thanks
NexusFi site changelog and issues/problem reporting
48 thanks
What percentage per day is possible? [Poll]
31 thanks
GFIs1 1 DAX trade per day journal
29 thanks

  #442 (permalink)
 
vhuywod's Avatar
 vhuywod 
Viet Nam
 
Experience: Beginner
Platform: Sierra Chart
Trading: ES
Posts: 2 since Nov 2013
Thanks Given: 147
Thanks Received: 2

I read your journal for long time when I start a member at FIO, I dont think you will give up.
I will remember you.

Best wish for you !

Reply With Quote
The following user says Thank You to vhuywod for this post:
  #443 (permalink)
 
Chippstrader's Avatar
 Chippstrader 
Randolph+NJ/US
Market Wizard
 
Experience: Intermediate
Platform: Sierra Chart
Broker: Stage5/Advantage Futures
Trading: NQ
Posts: 2,050 since Jan 2015
Thanks Given: 5,241
Thanks Received: 3,656



alejo View Post
thank you to everybody and good luck

I read your journal and the struggle to overcome the Trading. I wish you all the very best and hope to see you again with fresh journey.

--------
Chipps
Follow me on Twitter Visit my NexusFi Trade Journal Reply With Quote
The following 2 users say Thank You to Chippstrader for this post:
  #444 (permalink)
 arjfca 
Montreal, Canada
 
Experience: Intermediate
Platform: Multicharts
Broker: Interactive Broker
Trading: Forex
Posts: 263 since Sep 2010
Thanks Given: 440
Thanks Received: 91


alejo View Post
I am afraid :
1-to be wrong
2-to loss money
3-to lost a chance / oportunity
4-to let money on the table

the main mistakes are:

1-hesitation
2-jump as a crazy
3-Enter without measurable risk
4-move the stop loss to get a big loss
5-no take profits
6-exit soon from a winner
7-move sl to bve and get stop and mkt go to my favor
8-take a bigger risk with too many lots for my account

it is clear that with the fear my mind does not work well for trading, then i need to work to have a clear mind
and open for the market.

i try to reach the advice of tiz, do not expect nothing, do not care the outcame, can happen anything, take the money

to be continue

An old post, just starting to read it. but my taught are...
Did I wrote this post.... I did check the author to see if it was not me who initiate it. So close to y own experience


Martin

Reply With Quote
The following user says Thank You to arjfca for this post:
  #445 (permalink)
 
SatchFan's Avatar
 SatchFan 
Jefferson City, Missouri
 
Experience: Intermediate
Platform: NinjaTrader
Broker: NinjaTrader Brokerage
Trading: CL ES
Posts: 223 since Mar 2010
Thanks Given: 329
Thanks Received: 205


arjfca View Post
An old post, just starting to read it. but my taught are...
Did I wrote this post.... I did check the author to see if it was not me who initiate it. So close to y own experience


Martin

Martin,
Watch this video as much as possible and see if it helps.


Reply With Quote
The following 2 users say Thank You to SatchFan for this post:
  #446 (permalink)
 
SatchFan's Avatar
 SatchFan 
Jefferson City, Missouri
 
Experience: Intermediate
Platform: NinjaTrader
Broker: NinjaTrader Brokerage
Trading: CL ES
Posts: 223 since Mar 2010
Thanks Given: 329
Thanks Received: 205


SatchFan View Post
Martin,
Watch this video as much as possible and see if it helps.


More perspective on "Changing the way you think".







Several overlapping points in these videos.....

Reply With Quote
The following 2 users say Thank You to SatchFan for this post:
  #447 (permalink)
 
SatchFan's Avatar
 SatchFan 
Jefferson City, Missouri
 
Experience: Intermediate
Platform: NinjaTrader
Broker: NinjaTrader Brokerage
Trading: CL ES
Posts: 223 since Mar 2010
Thanks Given: 329
Thanks Received: 205




Any thing in there sound familiar???

Reply With Quote
The following 2 users say Thank You to SatchFan for this post:
  #448 (permalink)
 Itchymoku 
Philadelphia
 
Experience: None
Platform: corded black telephone
Trading: ticker tape
Posts: 2,894 since Apr 2012
Thanks Given: 1,683
Thanks Received: 3,681

A deep urge is brewing in the depths it lurks. A trade must occur again is how it works. The longer you go without the closer it comes about.

R.I.P. Joseph Bach (Itchymoku), 1987-2018.
Please visit this thread for more information.
Reply With Quote
  #449 (permalink)
traderjcernesto
Tijuana,Mexico
 
Posts: 2 since Mar 2018
Thanks Given: 1
Thanks Received: 0


alejo View Post
i was doing some momentum trades on the test of 200 max per day
3 winners day and i feel like, yes , i can do it
of course the next 3 days were 3 x-200
what happens
i was practicing not trying to recoup and get emotionally
one good practice was
1w, next
1l
other and stop
1w ,2w, if 300gola stop

if 200 (locked) compulsory stop

but
when i down some
fr examople -125
or-62
i keft tiny amount to trade

i trying to cut quick if not work fast the trades
but
i lost good chances for winning and also big potential winners
and got trapped in some false break outs

then if i want to continue trading , i have tight stop
then worse trade

and scalp
and micro scalp
and worse
and end -200

the only posibility is 1 or 2 w
or 1 trade with 4 p stop

i will focus on 1 trade with 4p stop
loser stop trading
winner ,other, winner if pass 300 and come back stop

if 1w 1l and below 4p next stop stop trading

i entry back to mean, on turning points, after abc, on support, with momentum before to explode and with 4p room stop well located

then i will wait, patience
not recovery revenge,
and add winners after the pb on bo

sim test
with 1500maxdd and goal
maxdll -200
goal +300
2lot

if it work
i will test live to sav my money in the meanwhile+combine 175$
focus on not emotionally/recovey
and be patiente for the trades

i will miss 1000trades beacause i normally see trades everywhere, and use to chase

good luck
and relaxing+preparation+study markets

Hi Alejo, do you still trading?

Reply With Quote
  #450 (permalink)
 
matthew28's Avatar
 matthew28 
United Kingdom
 
Experience: Beginner
Platform: Bookmap
Broker: Stage 5, Rithmic
Trading: US Equity Index Futures
Posts: 1,250 since Sep 2013
Thanks Given: 3,500
Thanks Received: 2,532


If you click on the username next to a post you can view their profile.
He hasn't been on the site since January 2016

You do not win as a trader, you just get to play again the next day. If that game doesn’t appeal to you then you should not trade. Gary Norden
Reply With Quote
The following 2 users say Thank You to matthew28 for this post:





Last Updated on April 5, 2018


© 2024 NexusFi™, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
All information is for educational use only and is not investment advice. There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Privacy Policy - Downloads - Top
no new posts