Emotions in trading

Discussion in 'Trading' started by Franziskaschulz, Apr 29, 2023.

  1. Businessman

    Businessman

    The drawdown ends when it ends, you cant force it or expect it to end within 1 or 2 days.
     
    #71     May 2, 2023
    SimpleMeLike and Sekiyo like this.
  2. easymon1

    easymon1

    ________________________________________________________________[​IMG]
     
    Last edited: May 2, 2023
    #72     May 2, 2023
  3. themickey

    themickey

    Ghost of Padu tradergod.
     
    #73     May 2, 2023
  4. deaddog

    deaddog

    I like that you have a very specific goal.
    1 million by December 2023.
    Here are the 5 criteria for a smart goal
    Specific (Be a millionaire ES trader by Dec 2023)
    Measurable (Yup either you have a million or you don't)
    Achievable (I don't see why not)
    Realistic ( That's up to you to decide.)
    Time bound (Dec 2023 is creeping up on us)

    What you need are measurable goals along the way.
     
    #74     May 2, 2023
    Sekiyo likes this.
  5. Sprout

    Sprout

    lol, got a shortcut for that?

    Going up against the best and brightest, in an industry that demands high performance, only a fool “don’t want to work, wants shortcuts.”

    Here’s the best shortcut; “there are no shortcuts.”

    Every path will extract its own “pound of flesh” - whether it’s paid upfront or on the road to ruin, dues will be paid.
     
    #75     May 2, 2023
    SimpleMeLike likes this.
  6. deaddog

    deaddog

    A short cut for losing money? You bet. Trade with a plan!! :)
     
    #76     May 2, 2023
  7. Sekiyo

    Sekiyo



    But I prefer the system way of things.
    Improve your journey, little by little.
    It's a marathon, not a sprint.
    The power of habits !

    "We get what we deserve"
    True most of the time I believe ...
    Do we even have the requirements ?

    Luck plays a big role but our character is everything else.
    Worse is letting opportunities fade away.
    Cutting our winners short ^^

    Or looking for troubles ...
    Taking irrational risk for nothing.

    The best way for something to happen,
    Is to make its non occurrence the most unlikely.

    Make an offer he / she can't refuses.
    Obvious, Attractive, Easy and Rewarding.

     
    Last edited: May 2, 2023
    #77     May 2, 2023
  8. deaddog

    deaddog

    Well you gotta admit SML has an audacious objective.
     
    #78     May 2, 2023
    SimpleMeLike and Sekiyo like this.
  9. Sekiyo

    Sekiyo

    Good starting point, indeed !
    Now he has to work on the system,
    That will ultimately get him closer to his goal.
     
    Last edited: May 2, 2023
    #79     May 2, 2023
    deaddog likes this.
  10. Hello deaddog,

    I have one measurable goal and that is: win everyday, $ 1 million dollars by end of the year as ES a trader.

    what other goal does a trader need to have?

    No need to make things complicated. Trade the market and win everyday

    I am not sure why us traders is even talking about this subject, is this not every ES future trader goals and reason for trading?

    lol, I am in the wrong business if I can not make $1 million or more or year trading the ES future market.
     
    #80     May 2, 2023