NexusFi: Find Your Edge


Home Menu

 





Self Sabotage - Help please


Discussion in Psychology and Money Management

Updated
      Top Posters
    1. looks_one Melba swing with 8 posts (12 thanks)
    2. looks_two tpredictor with 4 posts (11 thanks)
    3. looks_3 xplorer with 3 posts (20 thanks)
    4. looks_4 Quick Summary with 1 posts (0 thanks)
      Best Posters
    1. looks_one bobwest with 9 thanks per post
    2. looks_two xplorer with 6.7 thanks per post
    3. looks_3 tpredictor with 2.8 thanks per post
    4. looks_4 Melba swing with 1.5 thanks per post
    1. trending_up 7,687 views
    2. thumb_up 94 thanks given
    3. group 19 followers
    1. forum 31 posts
    2. attach_file 1 attachments




 
Search this Thread

Self Sabotage - Help please

  #31 (permalink)
 Tickworks 
Minneapolis MN
 
Experience: Advanced
Posts: 17 since Mar 2018
Thanks Given: 36
Thanks Received: 32

Thanks Melba swing, for sharing your experience! I'm impressed by your passion, but I encourage you to balance trading with other important aspects of your life (Wife, family, health, etc.) I do see that your desire for success is inspiring you to seek other worthy goals such as self-knowledge/mastery and losing weight. Awesome!

There have been a lot of good suggestions already, but I have a question that might help clarify your perspective.


Melba swing View Post
I believe I have a talent for picking winners


Melba swing View Post
I love the markets, I read them very well


Melba swing View Post
I've never back tested apart from looking at chart data from the past obviously but have never performed a strategy test as such.

Are you sure your approach is profitable? Perhaps your unease and poor results are rather the results of a poor strategy. Even if you're "manually" backtesting, you can quantify your signal(s), entries, targets, stops in order to objectively test your approach. If you're completely "Discretionary" (Or intuitive), has your sim-trading demonstrated your approach is profitable?

...Ultimately, having something tangible to base your confidence on allows the presence of mind to execute effectively.


Melba swing View Post
I have nothing else I can do, seriously !!

PS. I'm not at all trying to dissuade you from trading, but I strongly suggest you re-consider this thinking. In fact I think re-evaluation of this belief will only help you, regardless.

Reply With Quote
Thanked by:

Can you help answer these questions
from other members on NexusFi?
Trade idea based off three indicators.
Traders Hideout
Better Renko Gaps
The Elite Circle
Pivot Indicator like the old SwingTemp by Big Mike
NinjaTrader
ZombieSqueeze
Platforms and Indicators
How to apply profiles
Traders Hideout
 
  #32 (permalink)
CLNymex
Mumbai, India
 
Posts: 19 since May 2018
Thanks Given: 0
Thanks Received: 17

Have you tried brainwave entrainment? There are audio technologies that also alter our beliefs (not at the same pace or rhythm for everyone).

Reply With Quote
Thanked by:




Last Updated on May 22, 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