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Old 08-24-2008, 10:22 PM
rollingstone rollingstone is offline
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Join Date: Jan 2006
Posts: 83
rollingstone is on a distinguished road
Cool Hang on in there Vampy - listen to your Mentors

Hey Vampy

You are certainly not alone with your psychology problems, it is one of the most difficult hurdles to overcome in trading and has been one of the biggest things to hold me back. I know many more traders who suffer the same problems so you are not alone.

I can truly, honestly say that without the fantastic support, endless patience and genuine care of Dan and Pimp I would not still be trading today. Finally for me it is just starting to come together, slowly. The fog is lifting as they say and I am starting to see entries clearer and have the confidence to take them. Dan and Pimp are my trading mentors, without them I would have pulled out my hair long ago with the frustration of trying to master this game and my genuine gratitude to them both will last forever. They have continually encouraged me, kept me going, told me it would all come together eventually, and they have been right. Dan suggested I cut down to a few pairs and become a professional in those, and it is a strategy that has worked for me personally.

Everyone is different, and that goes for trading styles as well. Entries are a science, exits are an art. Everyone has their own view on exits and I am sure Pimp and Dan will share their thoughts and pearls of wisdom on the subject. I will say that there is nothing like a few winning trades, however small, to boost your confidence and give you a platform on which to build. As Pimp said in an earlier post, with this strategy you only need 25 pips a day to make some serious money and I know you can do that.

Without doubt there is no substitute to trading as a group, with all your friends around you. The Boiler Room, with Pimp guiding the way, is just great; how lucky we are to be a part of such a fantastic community and thanks again to Cako for setting it up.

So hang in there Vamps, I'm glad you are trying to be more patient and I'm sure it will pay off in the end. And as my mentors have told me many, many times - it will all come together, just keep going. You're just lucky you have never had to wear Pimp's dunce hat like me!

Your good friend Scorps
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