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RE: TRADING MINDSET - DISREGARD THE IGNORANT BITTERS, TELLING YOU THAT YOU'RE WASTING YOUR TIME TRADING

in #psychology7 years ago (edited)

Yeah, you so right. This TA prophets everywhere start to be Annoying!
Irrationality of markets is so strong that I start just wagging most probable scenario out in my TA analyses. Many times my predictions are turned up side down and the only life-save jacket is how to manage risk.

If I had been successful in my trades I allow to reward myself with more risk. If I blow up, my risk margin have to be shrunken. (I think that this is called anti martingale risk management to be little technical).

If I am doing very badly sometimes I forbid trading to myself to cool down and power up my scenes.
e
It's fck*g simple :-)

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Simple isn’t the word I would use. 😂

Yah, been maybe to sarcastic. Maybe can use word 'simple': simple stick to your rules and strategy.

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