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What are your goals in trading?
Started:October 11th, 2016 (05:08 PM) by Pariah Carey Views / Replies:1,246 / 35
Last Reply:December 3rd, 2016 (10:53 PM) Attachments:1

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What are your goals in trading?

Old October 23rd, 2016, 09:23 PM   #31 (permalink)
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Old October 23rd, 2016, 09:53 PM   #32 (permalink)
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SoftSoap View Post
I appreciate the compliment!

I believe in giving credit where credit is due.

One of the best journals to date on this site, simple fact.

I admire your discipline, goal planning, followup and focus on psychology, particularly.

It's worthy of emulation.

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Old October 23rd, 2016, 10:26 PM   #33 (permalink)
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suko View Post
I believe in giving credit where credit is due.

One of the best journals to date on this site, simple fact.

I admire your discipline, goal planning, followup and focus on psychology, particularly.

It's worthy of emulation.

Great to hear feedback! As a trader you don't really know whether what you are doing is good or not, so it's always nice to hear something.

But hey, if you want to walk the path that very few have walked (trading success), you need to do what very few are willing to do.

Yesterday's excellence is today's standard and tomorrow's mediocrity
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Old October 24th, 2016, 02:44 PM   #34 (permalink)
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SoftSoap View Post
Great to hear feedback! As a trader you don't really know whether what you are doing is good or not, so it's always nice to hear something.

But hey, if you want to walk the path that very few have walked (trading success), you need to do what very few are willing to do.

One of the best Journals yet.

I used a similar method to improve my trading. I didnít look at profit or loss, I concentrated on whether I had followed my plan to the letter or not. My thinking was that it was the only way I could determine if my problem was the system or the trader.

I stared out rationalizing all the reasons that I might not follow the plan but eventually got to the point where there were 2 choices; yes or no. Either I had followed the plan or I didnít.

If I didnít follow the plan it was a lack of discipline. It was that simple, regardless of the outcome of the trade, whether I made money of not, it showed I didnít have the discipline to follow my own plan. I could come up with great excuses for why I acted like I did, mostly Fear and Greed, but the simple fact was I didnít follow the plan.

In my case the problem was the trader. When I followed my strategy to the letter I made money. Having the discipline to follow the plan was the only way I could have determined that.

Good luck in your journey, you are on the right track.

DD

It is hard to find the Truth when you start your search with a preconceived notion of what the Truth will be.
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Old December 3rd, 2016, 01:35 PM   #35 (permalink)
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To improve my memory and focus

Futures Edge on FIO

Are you a NinjaTrader user?

 
A friend told me that trading is "mind-expanding stuff" and that my memory and concentration would improve over a year or two. Nine months in and I do feel more clear headed, the income helps a lot also.

So my goal is to not develop early-onset dementia?

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Old December 3rd, 2016, 10:53 PM   #36 (permalink)
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If you do it right, trading will change your entire frikken life.

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