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Originally Posted by Linuxser
Your explanation is excelent. And inspirating.
I´d only want say (in my initial post) that real trade is too different from "oh, if you sold here you can made 100 pips"
If you let me add something, using one of your favourite words "discipline". It´s the most hard goal to achieve.
And the lack of discipline will kill your account. You (I) think you´re disciplined but when something happend it´s the first you lose.
Take me like example. With 9 consecutive winners you (I) starts to believe you´re (I) unbeatable. (me? a super winner, I can´t lose, I´m the master of the market, bla bla bla).
So, if the things go bad it´s hard to accept it, and... , today ended with a long trade and -100 pips in my pocket.
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Hi!
You are right my friend: we are unbeatable!! And then, a simple cough kills us!!
D-I-S-C-I-P-L-I-N-E
Discipline is the word, right. Why did you lose 100 pips? What were you doing?
What about your r/r and your Money Management?
I lose too and when I try to analyze why I find that 98% of my losses are due to jumping in late or after the movement has been done. Then I lose too when I "think" it will go further. I get angry, blue and depressed.
If I lose cause it was a false signal, I get angry, of course. But it is part of the game. You know, I've been trading for 5 years now. And, for me, the most difficult challenge is: myself.
Nina
PS: BTW, no signals so far.