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When I get enough people in the group…
When I get enough people in the group to make it viable, I will do live streams, whether live trading or question and answer sessions
No.1 fundamental aspect of Trading Psychology
DO THE THINGS THAT YOU SAID YOU'D DO (and conversely) DON'T DO THE THINGS THAT YOU SAID YOU WOULDN'T DO. Sounds overly simplistic right? yes it is and nothing in trading is simple but to adopt a concept you have difficulty with, a good strategy is to give it personal significance. Let's say you are in a Discord or Telegram group and you tell your trading buddies that you are taking your profit and are done for the day and that you will talk to them tomorrow. You close your charts and you sit on the couch and start watching TV but after 30 mins, you start to get a bit uncomfortable with not being an active trader, your subconscious and even conscious brain are telling you that profitable traders need to trade to be profitable right... there's a whole cascade of irrational thoughts that happen that you happily interpret as a rational thought making process and suddenly, you are in front of the charts again and looking to hit BUY or SELL. A diminishing part of your rational brain is telling you... "Wait a second, didn't we say we were done for the day?" but that part of your brain doesn't get rewarded, its the part that wants to do something, the part of you that convinces you more money is always better that is in control. We all know the scenario, so ill just jump forward. you have now lost all the profit and you are in drawdown. you kick yourself for being in this situation AGAIN!! The most damaging part of this cycle is that THE ONE PERSON IN THE WORLD THAT SHOULD TRULY HAVE YOUR BACK, TRULY WANT THE BEST FOR YOU (which is yourself) has exposed themselves as completely untrustworthy. If you cant trust yourself, who the f*ck can you trust? NO ONE!! You will never be a perfect trader but my god, if you have the power to control any aspect of your trading life, choose to exercise that control. IF YOU ARE DONE FOR THE DAY... YOU ARE DONE FOR THE DAY. IF YOU SAID YOU'D NEVER TRADE NEWS AGAIN... DON'T F*CKING TRADE NEWS AGAIN. you will start to trust yourself to do the right thing more often, not every time but certainly more often and this is the route to profitability.
Today is a US bank holiday...
and i certainly wont be trading the NY session (my local time is +1 UTC) I took some tiny positions on the DAX today and made + 0.16% still enough to make the session viable.
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What would it take for you to trust me?
Give me a scenario, a question, a request, anything to establish trust and i will do it. What would separate me from the tactics of a fake guru? i'll tell you one this to kick this off. On my darkest days in trading i have certainly had thoughts of harming myself and even worse. I have cried genuine tears out of pure unadulterated frustration
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