![]() ![]() My trading completely turned around because I was no longer constantly digging myself out of holes and my profits were actually starting to rebuild a healthy account. It felt like a weight was lifted off my shoulders and before you know it my eyes were trained to look exactly for my stop area before even looking for my profit targets. For a few weeks I literally had my hard stop in seconds after placing my buy order. Losses will happen, but its your responsibility to keep them under control. The other option is to keep taking massive losses undoing all of your hard work or worse… blowing up your account. Yes – we’ve all heard people say that putting in hard stops is just asking for market makers to take your shares but WHO CARES. If you don’t yet have the self-control to stop yourself out of a trade manually you MUST put in a hard stop. So what snapped me out of it? Luckily I read somewhere soon after and wrote on a sticky note I had for years – “ great stops take the fear out of trading.” If your max loss per trades rules are for -$50, -$100, -$200, etc and you keep taking losses larger than that then you are never going to trust yourself and never be able to get in control of your emotions. ![]() I vividly remember walking around my office during market hours saying to myself over and over “how the hell am I going to be able to pull the trigger again?” (I do my best thinking when walking around for some reason). This went on for weeks and I basically reduced my trading size to nothing hoping it would get things under control, but nada. It felt good to finally go a few days without fearing any big losses while I wasn’t trading and when it was time to test some new ideas I was frozen at my desk in fear. Okay, awesome – now it was time to stack those millions right? Nope – the next problem came up. I took a step back and completely reevaluated every aspect of my trading and created a plan for going forward. It was just big loss after big loss and it really started to make me think I was never going to be able to make the turn. There was a 6 month period in the beginning of my full time trading journey when it felt like there was nothing I could do to put on a winning trade. This question resonates with me very deeply because it was a long, hard battle I had to face myself. One question/comment that I have gotten repeatedly is “how do I overcome the fear of trading after taking lots of big losses” or some version of that question. "4567822277" is the ficticious military service number, "B POS" is the blood type and Rhesus factor and "NKA" means "No Known Allergies", meaning the service member has no known allergies to common substances.I’ve been getting some awesome questions by email and can tell there are a lot of people out there really digging deep trying to get to the next level in their trading. Remington R11 RSASS 7.62x51 marksman rifleĦB47 Ratnik-BSh helmet (Digital Flora cover) 20 BEAR dogtags need to be found in raid for the quest Counteraction.20 USEC dogtags need to be found in raid for the quest Our Own Land.20 BEAR dogtags (level 50+) need to be found in raid for the quest Trophies.20 USEC dogtags (level 50+) need to be found in raid for the quest Trophies.7 BEAR dogtags need to be obtained for the quest The Punisher - Part 6.7 USEC dogtags need to be obtained for the quest The Punisher - Part 6.7 USEC dogtags need to be obtained for the quest Friend from the West - Part 1.The number displayed in the bottom-left of a dogtag icon displays the level of its owner. This item tells you the owner's name, level, faction, time of death, who killed them and the weapon used to kill them. Each level adds ₽378 selling value if sold to Therapist.Cannot be listed for sale on the flea market.Army dogtags serve the purpose of quickly identifying the wounded and deceased in combat. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |