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How not to gnaw yourself?
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How not to gnaw yourself?

  #1 (permalink)
Elite Member
Trading Experience: Beginner
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Posts: 24 since Sep 2012
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How not to gnaw yourself?

After blowing 3 accounts I became very hesitating when I see opportunities.
I've got good enough strategy and good enough(I mean to be green week after week) understanding of price action.

So for the last 3 weeks MOST of the times when I see good opportunity which sometimes I wait for several days I hesitate convincing myself that it's not good enough and then miss it watching price go my direction. Honetly speaking, for me it feels even worse than to lose money. After I miss opportunity I start "gnaw" myself that I chickened out again...I try to rationalize by trying to convince myself that atlease I haven't lost money,but in the long run that's exactly why I lose money.

I know what I should do to become more decisive,but I haven't got it yet. What I'd like to know is how to forgive myslef while I'm lerning to be more decisive.


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  #3 (permalink)
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