Six keys to managing trading psychology - Psychology and Money Management | futures io social day trading
futures io futures trading


Six keys to managing trading psychology
Updated: Views / Replies:613 / 4
Created: by lovetotrade Attachments:0

Welcome to futures io.

(If you already have an account, login at the top of the page)

futures io is the largest futures trading community on the planet, with over 90,000 members. At futures io, our goal has always been and always will be to create a friendly, positive, forward-thinking community where members can openly share and discuss everything the world of trading has to offer. The community is one of the friendliest you will find on any subject, with members going out of their way to help others. Some of the primary differences between futures io and other trading sites revolve around the standards of our community. Those standards include a code of conduct for our members, as well as extremely high standards that govern which partners we do business with, and which products or services we recommend to our members.

At futures io, our focus is on quality education. No hype, gimmicks, or secret sauce. The truth is: trading is hard. To succeed, you need to surround yourself with the right support system, educational content, and trading mentors Ė all of which you can find on futures io, utilizing our social trading environment.

With futures io, you can find honest trading reviews on brokers, trading rooms, indicator packages, trading strategies, and much more. Our trading review process is highly moderated to ensure that only genuine users are allowed, so you donít need to worry about fake reviews.

We are fundamentally different than most other trading sites:
  • We are here to help. Just let us know what you need.
  • We work extremely hard to keep things positive in our community.
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts.
  • We firmly believe in and encourage sharing. The holy grail is within you, we can help you find it.
  • We expect our members to participate and become a part of the community. Help yourself by helping others.

You'll need to register in order to view the content of the threads and start contributing to our community.  It's free and simple.

-- Big Mike, Site Administrator

Reply
 
Thread Tools Search this Thread
 

Six keys to managing trading psychology

  #1 (permalink)
Student of the Markets
Cocoa, FL
 
Futures Experience: Intermediate
Platform: Sierra Chart
Broker/Data: Apex Futures/OEC/FXCM
Favorite Futures: YM, Forex
 
lovetotrade's Avatar
 
Posts: 344 since Oct 2014
Thanks: 895 given, 521 received

Six keys to managing trading psychology

Six keys to managing trading psychology - Adam H Grimes

Not crazy extensive, but a great refresher, and absolutely imperative for the beginner.

Reply With Quote
The following 3 users say Thank You to lovetotrade for this post:
 
  #2 (permalink)
Quick Summary
Quick Summary Post

Quick Summary is created and edited by users like you... Add FAQ's, Links and other Relevant Information by clicking the edit button in the lower right hand corner of this message.

 
  #3 (permalink)
Elite Member
Sydney, Australia
 
Futures Experience: Intermediate
Platform: Sierra Chart, IRESS
Broker/Data: IB, IQFeed
Favorite Futures: ES, SPI, ASX stocks, options
 
Posts: 399 since Jun 2015
Thanks: 169 given, 446 received


i like the pattern interrupt point, good to just sit back and do something else if emotionally compromised.

Reply With Quote
 
  #4 (permalink)
Elite Member
Philadelphia
 
Futures Experience: None
Platform: corded black telephone
Favorite Futures: ticker tape
 
Itchymoku's Avatar
 
Posts: 2,892 since Apr 2012
Thanks: 1,681 given, 3,621 received

Seeing and believing are often both wrong.

Great article, it reminds me of a few things about my trading.

Part of my edge is realizing when small time frame traders are acting out of emotion or negligence for the larger time frame participants and vice versa. Pattern failure on one time frame coincides with pattern success on another time frame.

Seeing and believing are often both wrong. Just because you see a perfect setup doesn't mean it'll work out. Anyone who has been trading for an extended period of time knows that the market can enter funks where it gives head fake after head fake appearing to give a good setup after good setup and failing every time. Sometimes you just have to stay out and wait for the storm to pass. I think where the majority of people get in trouble is that their edge really isn't that versatile and they end up getting in this mentality where they're trying to make up for losses taking the same type of setup over and over when the market is in a funk like I explained above.

Reply With Quote
The following 3 users say Thank You to Itchymoku for this post:
 
  #5 (permalink)
Trading Apprentice
singapore
 
Futures Experience: Intermediate
Platform: ninjatrader
Favorite Futures: stocks
 
No Sweat Profit's Avatar
 
Posts: 1 since Aug 2015
Thanks: 0 given, 0 received

Know Yourself

Most important for me is know yourself. Everything else will follow

Reply With Quote

Reply



futures io > > > Six keys to managing trading psychology

Thread Tools Search this Thread
Search this Thread:

Advanced Search



Upcoming Webinars and Events (4:30PM ET unless noted)

Linda Bradford Raschke: Reading The Tape

Elite only

Adam Grimes: TBA

Elite only

NinjaTrader: TBA

January

Ran Aroussi: TBA

Elite only
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
Stage 5 Trading's Anthony Giacomin (Managing Partner) - Ask Me Anything (AMA) Big Mike Reviews of Brokers and Data Feeds 40 September 26th, 2017 05:00 AM
Anyone managing sleep/work while trading the London Session from the US? mangolassi Currency Futures 24 May 18th, 2015 05:44 PM
Best Trading Psychology course for dealing with Tilt and Revenge trading Shredder Psychology and Money Management 17 July 24th, 2014 12:29 AM
Is Trading Psychology a Hoax? aligator Psychology and Money Management 140 May 5th, 2013 05:41 PM
The Psychology Of Trading? NYSE Psychology and Money Management 7 November 21st, 2010 10:30 PM


All times are GMT -4. The time now is 04:02 AM.

Copyright © 2017 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, +507 833-9432, info@futures.io
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.
no new posts
Page generated 2017-12-11 in 0.08 seconds with 19 queries on phoenix via your IP 54.226.113.250