Have you tried operating only one asset, in one session, with one technique? That helped me reduce mental chaos and loss.
Have you tried operating only one asset, in one session, with one technique? That helped me reduce mental chaos and loss.
Many will tell you "patience", but few explain what to do while you wait. Try recording while you operate. Then look as if you were someone else. You will learn more from yourself than from the market.
I operate three years ago and I still lose. So what? Does that make me a loser? No. It makes me someone who is still in the fight. Surrendering is not an option.
Brother, if you want different results, I did different things. Stop following gurus on YouTube, I chose a strategy and express it until I really understood it.
It is normal, yes. But it is also normal for many to stay in that cycle without moving forward. The difference between a novice and a professional trader is not in how much they earn, but in how much they learn from each loss.
Losing for several months in a row may seem alarming, but in reality it is one of the most common and necessary processes in the path of learning trading. The problem is that many people enter this world with unreal expectations: they want to double their account in weeks, live of trading in months? and not accept that this is a job like any other, which requires years of training, experience and correction of errors. It is not that losing is the objective, but it is an inevitable part of the process. The most common error is to believe that a strategy that fails in 2 or 3 months does not work. How many operations did you take with that strategy? 100, 200? Most of the times, we do not even get to a sample size big enough to be able to evaluate its real effectiveness. Also, in those first months, the problem is not the strategy, but how we execute it: lack of discipline, of patience, of confidence. All that weighs more than the system itself. Another key factor is the emotional management. Many traders lose not by bad technique, but by emotional sabotage. Skip rules, move stops, over after a loss of the system, that is not a fundamental failure of the system.
Thank you for taking the time to write this. I felt very identified, I needed to read something like that.
All right with your reflection, but how do you know what you're doing isn't a waste of time? There are people who never get better.
Excellent contribution, I'll reread it several times.
Very motivating, but it would be good to see a concrete example of operations journal. Can you share one?