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Beating yourself up...
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Created: by Meggs Attachments:0

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Beating yourself up...

  #1 (permalink)
Elite Member
Adelaide, South Australia
 
Futures Experience: Beginner
Platform: NinjaTrader
Broker/Data: Mirus/Zen-Fire
Favorite Futures: 6E, FDAX, ES
 
Meggs's Avatar
 
Posts: 19 since Jul 2009
Thanks: 3 given, 26 received

Beating yourself up...

Hi all,

How many of you find yourself "beating yourself up..."? By this I mean getting in a mental state where you berate yourself. Examples include "If only I'd done this....." , "I should have followed my rules...", "If only I'd not taken a break" etc etc.

I used to be one of these people and it showed in my personal life as well as my trading results. I would miss a trade, try and get the loss back and then find myself further behind.

So what did I do to change things. I made a concious decision to let things happen naturally. I took full responsibility for my decisions (good and bad) and I'm now a more peaceful person. My personal life has improved and I'm enjoying my trading.

I'd like to hear what others have experienced.

Meggs

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  #2 (permalink)
Elite Member
USA
 
Futures Experience: Master
Platform: NinjaTrader
 
caprica's Avatar
 
Posts: 155 since Jul 2009
Thanks: 45 given, 109 received

you hit the nail on the head this is exactly why so many traders fail is they dont respect this part of their trading.

it is far too easy to get caught up in the negative emotions and feelings. In an earlier post I said that it is very important crucially important that your trading rules or plan are simple enough so that you can actually follow them and not use them as an out (if I had only, but I didn't notice, if it wasn't for)...

this plays with what you are saying on being accountable and not viewing anything as positive or negative just as the past, take what life gives you and make lemonade or whatever the saying is. it isn't about being right or wrong it is about how you deal with each situation that will decide your profitability.

"Let us be thankful for the fools. But for them the rest of us could not succeed." - Mark Twain

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  #3 (permalink)
Membership Revoked
Tucson, AZ
 
Futures Experience: Master
Platform: MB Trading Navigator
 
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Posts: 418 since Aug 2009
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Meggs View Post
So what did I do to change things. I made a concious decision to let things happen naturally. I took full responsibility for my decisions (good and bad) and I'm now a more peaceful person. My personal life has improved and I'm enjoying my trading.

Meggs

You have evolved!!

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