The following situation happens quite often to many traders. Look again and see if it has happened to you:
You have been faithfully following your trading plan and rules established for the trade. Behind them, which is now in a trade that does not look so good. At the same time, following its business plan is that you missed a beautiful move in a different market, I could have done a lot of money.
You are a bad deal and you missed a great trade. You become dissatisfied. You think to yourself that your trading plan must not be so great. You think there must be a better methodology to be used to prevent this from happening. You think to yourself, "Yes, that's all I'm going to change my way of doing things." This creates a new rule or modify an old way that such a rule would let you capture the traffic that failed and prevent it took. Have you been making this mistake?
Here's another way it can happen: One is a trade, and rules of their cause was stopped out with little or no gain. Shortly after leaving the trade according to plan, prices take off and move to where you had been, who have obtained substantial benefits. The decision leaves sitting there thinking they are stupid. That the reason that there must be something wrong with the way things are done.
Your rules, your plan, or both, must be correct. So change what you are doing, or make a new rule for the next time this happens, you will not be left behind.
You just leave all the hard work we have done previously allowed to operate a successful future. Who has abandoned his education and learning. Has abandoned the wisdom that allow you to be consistently successful as an entrepreneur. You just start trading history, and it is assumed that the negotiation on the future price movement. You are negotiating what happened, not what will happen. Not being willing to be outdone, are preparing to be left out.
If you have been having thoughts or have acted as described above, which has a terrible problem with greed. Why? Because greed can never get enough. You can not satisfy their greed. Greed wants more, and even more.
Not all trade is trade. Not every business has to work for you. You have to be satisfied with getting a reasonable share of the operations that fit the description of a good change. Some of the offices in turn, be a great trade, others are good trades, and a certain percentage of their operations will be bad. No way around it.
Not every good trade will become a big business. When you enter a trade according to their rules and trading plan, have no idea whether or not it will become a good business, much less a great trade. The reality of trading is that however much you may be, can not know the future.
Every time we lose a big move and then try to find some pattern, indicator, rationale, or modification to do what we are doing for the next time you will not miss the "big" move is a part of the search of something magical - a continuation of our search for the holy grail of trading.
What a terrible mistake to let you do. Winning as a trader is to make some small profits and some more profit on a regular basis. Obviously, there will be some losses. Regularly want to keep small losses, but there are times when the loss will be away from us and become larger than desired.
If adversity makes you become unhappy, then you really need to examine their thinking and practices. Your trading plan should take into account the disappointment and loss.
You have to believe in what you are doing and be able to operate from the knowledge that when you follow your rules and your plan, you will make money with your trade.
When you become dissatisfied and begin to change your plan, your rules, or both, you are preparing for almost certain failure, and the worst that can happen to a trader - you lose the courage of his convictions. Without it can not negotiate with any level of confidence.
That is why we encourage you to write the reasons and rationale for each deal you make, even if you have to do after completing the operation. You must develop a keen appreciation of the crafts that are its operations. Enter your trading plan every day and each transaction is intended to do. If you do not have time to plan each operation, be sure to check who made unplanned. You can then get back on their operations and be able to see why and when it succeeds.
Reminder: Here are some steps to take before the market opening.
See the main formations in the lists of future intends to trade. See the possible areas of congestion, the big picture from the charts in the long term.
List all possible entries as you see in the chart.
You have to go through this exercise every day you trade. This requires discipline. However, this will help you develop the kind of habits that will mold into a great trader.
If you are too busy to be disciplined, then you are too busy to trade. If you do not discipline, will soon disappear from the commercial scene.
You have been faithfully following your trading plan and rules established for the trade. Behind them, which is now in a trade that does not look so good. At the same time, following its business plan is that you missed a beautiful move in a different market, I could have done a lot of money.
You are a bad deal and you missed a great trade. You become dissatisfied. You think to yourself that your trading plan must not be so great. You think there must be a better methodology to be used to prevent this from happening. You think to yourself, "Yes, that's all I'm going to change my way of doing things." This creates a new rule or modify an old way that such a rule would let you capture the traffic that failed and prevent it took. Have you been making this mistake?
Here's another way it can happen: One is a trade, and rules of their cause was stopped out with little or no gain. Shortly after leaving the trade according to plan, prices take off and move to where you had been, who have obtained substantial benefits. The decision leaves sitting there thinking they are stupid. That the reason that there must be something wrong with the way things are done.
Your rules, your plan, or both, must be correct. So change what you are doing, or make a new rule for the next time this happens, you will not be left behind.
You just leave all the hard work we have done previously allowed to operate a successful future. Who has abandoned his education and learning. Has abandoned the wisdom that allow you to be consistently successful as an entrepreneur. You just start trading history, and it is assumed that the negotiation on the future price movement. You are negotiating what happened, not what will happen. Not being willing to be outdone, are preparing to be left out.
If you have been having thoughts or have acted as described above, which has a terrible problem with greed. Why? Because greed can never get enough. You can not satisfy their greed. Greed wants more, and even more.
Not all trade is trade. Not every business has to work for you. You have to be satisfied with getting a reasonable share of the operations that fit the description of a good change. Some of the offices in turn, be a great trade, others are good trades, and a certain percentage of their operations will be bad. No way around it.
Not every good trade will become a big business. When you enter a trade according to their rules and trading plan, have no idea whether or not it will become a good business, much less a great trade. The reality of trading is that however much you may be, can not know the future.
Every time we lose a big move and then try to find some pattern, indicator, rationale, or modification to do what we are doing for the next time you will not miss the "big" move is a part of the search of something magical - a continuation of our search for the holy grail of trading.
What a terrible mistake to let you do. Winning as a trader is to make some small profits and some more profit on a regular basis. Obviously, there will be some losses. Regularly want to keep small losses, but there are times when the loss will be away from us and become larger than desired.
If adversity makes you become unhappy, then you really need to examine their thinking and practices. Your trading plan should take into account the disappointment and loss.
You have to believe in what you are doing and be able to operate from the knowledge that when you follow your rules and your plan, you will make money with your trade.
When you become dissatisfied and begin to change your plan, your rules, or both, you are preparing for almost certain failure, and the worst that can happen to a trader - you lose the courage of his convictions. Without it can not negotiate with any level of confidence.
That is why we encourage you to write the reasons and rationale for each deal you make, even if you have to do after completing the operation. You must develop a keen appreciation of the crafts that are its operations. Enter your trading plan every day and each transaction is intended to do. If you do not have time to plan each operation, be sure to check who made unplanned. You can then get back on their operations and be able to see why and when it succeeds.
Reminder: Here are some steps to take before the market opening.
See the main formations in the lists of future intends to trade. See the possible areas of congestion, the big picture from the charts in the long term.
List all possible entries as you see in the chart.
You have to go through this exercise every day you trade. This requires discipline. However, this will help you develop the kind of habits that will mold into a great trader.
If you are too busy to be disciplined, then you are too busy to trade. If you do not discipline, will soon disappear from the commercial scene.
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