Hey guys, how are you?

As the title says, I cant execute my trading plan. There is no way. I open the trade and as soon as I open it I close it, I can't even wait until the next bar closes or anything of the sort.

I have been studying the markets for more than 6 years, I have more than 15000 hours of chart time. I know what I am doing, I know for a fact what is a trade and what is not a trade, I polished my skills, I polished my price action and my plan to perfection. I have no doubts about it being profitable, yet I CANNOT DO IT. It will make me sick I can't stand it anymore.

I tried it all, I have read it all about trading psychology (Douglas, all of them), I tried all kinds of different approachs and no matter what I can't do it. It is like an irrational fear, a subconscious fear.

If I show you my trade log they all go like "I took a tick" while the real result if held is always my target. I have planned it all, I cant hold it for my dear life.

Day after day, I post it all I have it all logged, I know my calls are >80% profitable YET I CANT DO IT. I cant take action. I cant do it.

I need help, maybe someone who could beat this or any suggestion please.

Thanks for reading and appreciate your replies

Sorry, @bobwest. Time to take the gloves off and hit @nenuser with the blunt instrument. @nenuser, you are obviously not looking for help. You are looking for affirmation! I got news for you. There is nothing novel about your ideas. You haven't re-invented the wheel. In fact it's the same old regurgitated retail pablum, that's been recited on these pages ad nauseum. Believe me when I tell you that you are grossly overestimating your ability and your knowledge. It's a very common cognitive bias among newbies on this forum. What you need to do is grow some balls and trade, not get someone to do it for you. It's that simple!

Well, that is taking the gloves off. I don't think it is too rough, though.

@nenuser, there's the simple fact that if you can't make yourself click the mouse, you've got to either find a way to do it or give up the idea of trading. Otherwise, you're stuck in a limbo forever. Trading pays you (or not) for taking risk. Not foolish risk, not gambler's risk, not uncontrolled risk. But if you don't take on risk -- the risk of having a position in a market, that could easily go against you -- then there will never be a profit, either.

The best advice I could give is to take care of your financial situation, as I suggested before, by securing an income so you aren't up against the wall 100% of the time and you are willing and able to risk a loss. Then, in graduated steps, do so. If you can't take a loss, you can't trade. And if you don't take losses, you don't know how good a trader you actually are.

You have a chart that's annotated with the trades you would have made, if you only traded. But you didn't. This just is not trading. It surprised me to read when you said that you would offer to share your profits with someone who is willing to follow your ideas and do the mouse clicking for you.



Why would someone think your ideas are so valuable, when you don't trade them? Until you have something in the game, and do so over and over again, you don't know anything about trading.

We have traders here who work full jobs, then come home and trade the after-hours market, or get up early and trade during the European hours, or have arrangements about their working hours that let them trade. Or do anything else it takes to both pay the bills and trade.

I don't mean to be rough about it, but trading is almost the ultimate in personal responsibility. It's accepting risk. So start there. Reduce how hard a loss will hit you, increase your personal and financial resilience -- get a job, so you don't depend on the trading profits you hope for but don't have -- and then take it on yourself to trade. People will try to help, but it takes some realism on your part.

Good luck. And do it.

Bob.

I'm going to make assumptions and you tell me where I'm wrong:

1) you have a small account
2) you don't have money to lose
3) the money that you do have means a lot to you and desperately want it to grow, and are scared of losing it.
4) you trade SIM and see it fails 20% of the time and in the back of your mind that's enough to scare you in live trading.
5) you start live trading and start remembering real and SIM losses subconsciously and go for quick scalps
6) you get emotional during trading (wins and losses)
7) you truly are not consistent with your trading plan and lie to yourself/ignore reality.

Based on what you say above will reflect my next response.

I will tell you which ones are right:

Number 2 3, 4, 5, 7 (half of it, I cant keep the trades to target which isnt being consistent)

I have been studying the markets for more than 6 years, I have more than 15000 hours of chart time. I know what I am doing, I know for a fact what is a trade and what is not a trade, I polished my skills, I polished my price action and my plan to perfection. I have no doubts about it being profitable, yet I CANNOT DO IT. It will make me sick I can't stand it anymore.

...

Day after day, I post it all I have it all logged, I know my calls are >80% profitable YET I CANT DO IT. I cant take action. I cant do it.

You know the advice everyone gives: "work hard, study the market" ... "treat trading like a business" ... you know, all of that stuff. Well, I think you *do* have to treat it like a business in the sense that you can't just wildly do stupid things. And early on, of course you have to study things to figure out what the hell is going on. But after some time (like, several years, for sure), I don't know that you see many days that look a whole lot different. Yes, drivers of price change, and all of that (you'd be a fool if you traded right now and didn't know that rates are central to the market's overall movement). But short term trading is still largely about positioning (Waller, a hawk, says some hawkish things and the market rallies today... it's all volatility and positioning). And there are only so many ways the market can move up and down.
...
Trading is so different... it's not a normal business. Logic doesn't apply. Some people who know *nothing* about trading made a LOT of money buying bitcoin and momo stocks. You can't apply real world rules to trading. It isn't "real" ... you can click a button, provide no value to society, and make more money in one minute than some people do today in an entire year. That isn't real. No moral judgements there, just emphasizing that in a very literal sense, it's just not real. So, don't force trades, and don't equate "work" with making money in trading. You don't need to "work."

Hey guys! First of all I wanted to say thank you for the exceptional advice provided in this thread. I am very thankful.

I am reading the traderfeed blog by Brett shared by TigerTrader and meditating on all the advice given by all users.

The idea I want to give a try, which was something I had on my mind after a friend told me how big institutions have trading tables where there is not "one" who trades but several people, is to have someone execute for me.

I tried this with a friend of mine, but he had zero idea about the markets and provided not much value, he didnt even know how to click on the DOM to place an order, and even tough I tried teaching him the basics I noticed his mind was somewhere else and had zero passion for the venture. I could teach him the basics, and I obviously did, but that didnt go too far as he couldnt sit himself on his own to carry out his own observations.

So what I am looking is someone with passion for the markets, who maybe even trades his account and knows price action at least on an intermediate level. What I offer is a % of the profits and the possibility to copy what I see and take my signals. I have been an observer and student of the market for several years and I have a huge passion for what I do, I know how to trade. I can teach you everything I know as well. My offer is for someone interested in doing this, he/she can join me over a trading room I have with several other brooks PA traders and see how my calls act in real time. I keep on making calls YET I cant take them myself.

PA DAX doesnt know me, but I noticed he is an Al Brooks advocate. I will post a chart of what I do below. I use mainly price action, with HLC pivots from prior days, today's open, opening range and its high and low and measurements taken from all this. I know what to do. I know where to place the stop and what algos are mostly targeting at least for their first target (I mostly do 2 times risk). I also mix this with higher time frame analysis on a globex chart (M15, M60 and daily) analyzed with the same concepts to provide me with a general idea on how the open will act (where and how it will open based off this)



Below I will include a chart for yesterday's action (On the next post, I cant seem to post images yet)

Again, I am looking for someone who is willing to trade my ideas. I will pay a % of each profit as well as teaching you ALL I know and allowing you to copy what I see.

If anyone is interested, or likes what I am doing and just wants to learn for free (even if not interested in being the one who executes my ideas) and is passionate about trading please PM me here. Also, if someone wants to help me directly without doing the trading stuff please also do PM me. I am in so much need of help, it feels I did all the technical analysis mastering, I am there, and I cant take action on it.

Again,

Thanks a lot for reading and for helping me out. I highly appreciate it all and I hope someday I can beat my lower emotions and my subconscious fears.