ATTENTION PODCAST PLAYER LISTENERS: There was a mistake in uploading, and you may either have to try and redownload the episode, or just come here. Thank you for understanding.
Two comments - Like Robb stated - trading in Block verse Individual trade - Experience comes from Trading and having a certain number of trades monthly listed in your monthly goals (Block) will advance your experience - risk management is a must. Second, I might be outside the norm with other traders being in Forex and Options trading a total of 4 years now and having limited success in both departments and feeling like I still have allot to learn - Am I behind the bell curve - Who knows? My motto - I need to keep on Keeping on - which means don't stop - first came learning to trade, then technical, then fundamentals, and now Trading Psychology (which is the hardest!) - thank you Robb and VP
I'm going through it with this. I am really having to work on Self-reflecting and trusting my system. FOMO is a real problem and as a daily chart trader "missing a trade" doesn't happen that often but when it does it really sucks. Especially if your experiencing a losing streak. My patience is being tested and I just have to have faith in the system I've bulit that in the long run It will be fine. Perseverance is what makes the difference. Thanks for another great podcast episode.
Just last week, I encountered a long signal and did not entered to it. My routine was to trade 1 hr after candle close because I have work before candle close. The price moved up and I chickened out because I think if it will reverse, it will hit my stop loss quicker. Then it hit the TP the next day haha.I dont know if it something called missed out or not.
Curious about this episode, missing a trade that I was waiting for some times , led me several times to Fomo and lose and then revenge trade until accounts were blown...
'just trade on', Terrible advice, At least the way I interprete it. After you get some gains and apparently get emotional, don't just trade on for the sake of it. I get it, that if you're setup presents itself, it would be logical to take it, but don't forget that you're probably emotional and keen to make mistakes. So it might be better to stay away, regain your emotions and take your win, by cashing out Please convince me otherwise. Happy to discuss
ATTENTION PODCAST PLAYER LISTENERS: There was a mistake in uploading, and you may either have to try and redownload the episode, or just come here. Thank you for understanding.
This episode is my favorite. I dont comment much but this is an episode that all should watch.
I like that consistency psycholofy because there's a big gain in the future...
Two comments - Like Robb stated - trading in Block verse Individual trade - Experience comes from Trading and having a certain number of trades monthly listed in your monthly goals (Block) will advance your experience - risk management is a must. Second, I might be outside the norm with other traders being in Forex and Options trading a total of 4 years now and having limited success in both departments and feeling like I still have allot to learn - Am I behind the bell curve - Who knows? My motto - I need to keep on Keeping on - which means don't stop - first came learning to trade, then technical, then fundamentals, and now Trading Psychology (which is the hardest!) - thank you Robb and VP
I'm going through it with this. I am really having to work on Self-reflecting and trusting my system. FOMO is a real problem and as a daily chart trader "missing a trade" doesn't happen that often but when it does it really sucks. Especially if your experiencing a losing streak. My patience is being tested and I just have to have faith in the system I've bulit that in the long run It will be fine. Perseverance is what makes the difference. Thanks for another great podcast episode.
Go VP 🎉
Thanks guys . I was just kicking myself for not following through.
Nick Shawn = Master of Flat Earth Trading.
😂😂😂😂 I am guilty of this EPISODE, I have no excuse for doing it, but it's just for a while until then I have a limit.
❤
Just last week, I encountered a long signal and did not entered to it. My routine was to trade 1 hr after candle close because I have work before candle close. The price moved up and I chickened out because I think if it will reverse, it will hit my stop loss quicker. Then it hit the TP the next day haha.I dont know if it something called missed out or not.
Curious about this episode, missing a trade that I was waiting for some times , led me several times to Fomo and lose and then revenge trade until accounts were blown...
Running an EA to trade your system for you might be a good solution to missing a trade?
It would.
siz harikasınız türkiyeden selamlar
'just trade on', Terrible advice,
At least the way I interprete it.
After you get some gains and apparently get emotional, don't just trade on for the sake of it.
I get it, that if you're setup presents itself, it would be logical to take it, but don't forget that you're probably emotional and keen to make mistakes.
So it might be better to stay away, regain your emotions and take your win, by cashing out
Please convince me otherwise. Happy to discuss
I would discuss, but this comment sets up perfectly for Episode 35. We can later discuss afterwards.
Hey would you like to make shorts We will do it for basically free.