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If you cant understand market than you projecting your own perspective.
If you afraid to lose or to enter - it is your fear in you. Not the
market dangerous, but you are. So not the market you
afraid of but yourself. If you have fear ask yourself
"What in me scares me?". Right down the answer and ask me
than what to do next. Because if you are not experienced
you cant value yourself as a trader at any aspect. You do nit
have experience to do this
If you have the anger on the market - it is you angry about
yourself. " What the reason i am pissed on me? "
Answer can be anything. "I cant win", " I cant find the enter"
"I cant ne consistent" and another variants.
If you want to punish the market than you feel guilty.
What are you guilty in?
If you selfsabotaging than too it ia guilt.
No need to supress your emotions. You need understand reason they appears.
Once you deal with emotion it is gone.
Once emotion gone there is no mote projections to the market.
Once there is no projections you see matket as it is in a degree of your experience.
And than mirracles start to happen
Who is placing OFFERS than price is going higher and why. Little HINT - this is to help someone )))
And he wil cause a FAST price movements which longs NEED and in return they do a favour for selles too.
Do not think about future. Potential it is what you have NOW. If tape moves fast than we have potential to contunue to move. If slow - potential exhausted. Fast tape may continue 1 point or 10 points. In this case it was 501-508 move.
No. They placed something to help someone to do something and continue to buy at the bid in general.
I'm looking for it but with no results so far. Difficult job. As I see them, they are all different. Some of the one kind, some of the other. Couldn't get them together and make a classification of this stuff.
You're right about importance of psychology and psychoanalysis in trading. Even more, it's important in everyday life. Everywhere. I started to analysis my trading from the other point and it shows me that's a lot of problems in my mind. A lack of understanding of trading also.
you already have some classification? Than show this to the community. I will evaluate this from my perspective.
Classification is a most valuable work you can do. You will see results in your thinking process. It will change very very much in a 3-4 weeks after you start to classificate.
Take 2-3 most IMPORTANT problems and post them here. I will help you
1. I want to travel across the globe and work from any point where I am at the moment. Especially wanna live in Asia for some time. So I have to make money for a living everywhere.
2. When I started to trade it was just a need of money. Now it became like a hobby. Even if I don't make any money I like to trade on demo. When I'm free I trade.
So far I can't make difference between good and bad breakouts.
But with psychology it even worse than I thought before. I can't even discribe some problems. I wait very long to get profit instead of jump out when the price goes up and down without speed. I can't exit, just wait untill it becomes a lose.
I want to trade everywhere and everytime. It's like gamblin. I know that's not the point to enter and I enter. Probably, I have a need in thrill. I didn't dig far in my mind. It's the first answer that I got.
1. You have an image of yourself travaling and free.
2. You have issues than you at the 2 stage of trade - Holding a position. And you have a FEAR of giving away the chance or profit. THis FEAR holds you from FREELY covering your trade. With your second issue - Holding to the lose - this is the fear of LOSE or of missing a CHANCE. You want to trade everywhere and everytime proves you have a FEAR of missing a chances and not making a profit. You afraid to not achieve your dream to be free and travel. 3. THis leads us to question. What kind of person you are if you not achieve your trading goals to be free and travel?
I can make an analogy with a guy who wanna study a game of chess.
If he doesn't know how to move a figure or combination of the defend of the king will the psychology helps him to become a better player?
When he achieve better level in understanding chess he'll need a lot of psychology work also. But if he starts with psychology without understanding the theory will he advanced in playing?
So am I. I can't describe in what brakeout I have to enter. So from this point appear my problem with hope for a trade to become profit. Then it becomes a distress after the first lose
I still hope that a lack of understanding can't give me a chance to achive my goal. But maybe it's just an atempt to hide something more in my mind. I started to think in this direction.
