NexusFi: Find Your Edge


Home Menu

 





Just (Don't) Do It


Discussion in Psychology and Money Management

Updated
    1. trending_up 971 views
    2. thumb_up 0 thanks given
    3. group 1 followers
    1. forum 1 posts
    2. attach_file 0 attachments




 
Search this Thread

Just (Don't) Do It

  #1 (permalink)
 mzelixon 
Tel Aviv, Israel
 
Experience: Intermediate
Platform: NinjaTrader
Broker: Ninjatrader
Trading: ES, CL
Posts: 66 since Mar 2014
Thanks Given: 61
Thanks Received: 88

You know it's funny,

Trading has to be one of the most mentally challenging professions known to man, and we all know that.

Now... for me personally one of my biggest issues has been FOMO.

Especially for sideways markets, my biggest regret has been going into choppy conditions and losing a ****ton of money.

I'm a trend trader and ranges are not my friend.

Anyways, I just got to thinking... NIKE should make a slogan for trading FOMO lol.

The slogan being "Just (Don't) Do It"

See... if a market is going sideways there's nothing you can do about.
If conditions are not ideal there's nothing you can do about it except avoid them until the market matches your style.

So I had a funny thought.

Just Don't Do It.

Simple but effective.

You're watching the market... you're seeing conditions are awful... you're tempted to trade...

JUST DON'T DO IT.

I hope this has been mind opening in some kind of way, just my thoughts that I decided to share on here

Started this thread Reply With Quote

Can you help answer these questions
from other members on NexusFi?
Trade idea based off three indicators.
Traders Hideout
Cheap historycal L1 data for stocks
Stocks and ETFs
Quantum physics & Trading dynamics
The Elite Circle
Strategy stop orders partially filled
EasyLanguage Programming
NT7 Indicator Script Troubleshooting - Camarilla Pivots
NinjaTrader
 
Best Threads (Most Thanked)
in the last 7 days on NexusFi
Funded Trader platforms
57 thanks
Just another trading journal: PA, Wyckoff & Trends
16 thanks
Trading with Intuition
15 thanks
Self sabotage reframed
15 thanks
GFIs1 1 DAX trade per day journal
8 thanks




Last Updated on November 8, 2017


© 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