confidence ?

Discussion in 'Psychology' started by cashclay, Aug 29, 2023.

  1. danielc1

    danielc1

    For me it was a combination of the dollar amount it represented in the beginning and the emotion attached to this amount. Later on I realized that it brought peace and quit to my trading and... discipline to just focus on the rules not the outcome of a trade. What is 0.18%? Nothing to get upside about it in any direction. But do it consistently over and over again and you beat 99% of the traders out there.
     
    #41     Dec 6, 2024
  2. true that! consistency is the real challenge! It’s a work in progress for all of us.
     
    #42     Dec 7, 2024
  3. RantaMin

    RantaMin

    Do you have any tools or techniques that help you stay consistent, especially during rough patches?
     
    #43     Dec 13, 2024
  4. Honestly, keeping it super simple helps, like a checklist or setting tiny daily goals. And when it’s rough, I just remind myself why I started in the first place :)
     
    #44     Dec 14, 2024
    PPC likes this.
  5. I keep a trading journal to review my decisions and stick to a checklist before entering trades. It keeps me grounded and helps me avoid impulsive moves, especially during tough times.

     
    #45     Dec 19, 2024
  6. [​IMG]
     
    #46     Dec 19, 2024
  7. PPC

    PPC

    During rough patches you need to stop trading, or at least switch to higher timeframes and reduce your size to minimum until you get your stuff togethr.
     
    #47     Dec 19, 2024
  8. poopy

    poopy

    @Xela, still trading E6?
     
    #48     Dec 19, 2024
  9. It’s normal to feel doubt before a trade; even experienced traders go through it. Confidence builds with time and a solid strategy, so don’t let the uncertainty hold you back.
     
    #49     Dec 20, 2024