Help needed - I overtrade after 11am

Discussion in 'Psychology' started by KCalhoun, Sep 15, 2021.

  1. padutrader

    padutrader

    YES FACE THE DEVIL
     
    #21     Sep 15, 2021
  2. padutrader

    padutrader

    i love this

    your poetry is exquisite
     
    #22     Sep 15, 2021
    Math_Wiz likes this.
  3. KCalhoun

    KCalhoun

    Smart, I'll try that... thx!
     
    #23     Sep 15, 2021
  4. VEGASDESERT

    VEGASDESERT

    I reduce size to about 25% after noon.
     
    #24     Sep 15, 2021
  5. kmiklas

    kmiklas

    I know everyone is saying, "Get disciplined," etc.

    I think in 2013 I would have said the same thing... but in my experience it's very difficult to close that terminal when you're up. This has worked for me. When I've had a great morning, and made, say 3% on 100k, or $3000, I scale it way back and start trading with just 20k.

    I'm not proud of this; I suppose I should have the discipline to call it a day.
     
    #25     Sep 15, 2021
    KCalhoun likes this.
  6. No Problem! This is my encouragement, like @Sweet Bobby

    But on steroids...

    Signing off...



     
    Last edited: Sep 16, 2021
    #26     Sep 16, 2021
  7. Ken: You have clearly defined patterns as a trader which from a third party viewpoint are easy to see -- may not be so easy to see yourself.
     
    #27     Sep 16, 2021
    KCalhoun likes this.
  8. tomkat22

    tomkat22

    Sounds like the signals you're getting later in the day are crap,but you're still taking the trade anyway. Wait for the good set-ups.You need to be like a batter in baseball and wait for your pitch. Stop swinging at stuff in the dirt and a foot outside the strike zone.
     
    #28     Sep 16, 2021
    KCalhoun likes this.
  9. VicBee

    VicBee

    Trading is an addiction. If you're satisfied with your AM results, switch off your PC and find something else to do. Once you have, you will feel like AM trading is plenty enough for you.
     
    #29     Sep 16, 2021
    KCalhoun likes this.
  10. Fonz

    Fonz

    You could hire a mentor or an educator. Did you try?
     
    #30     Sep 16, 2021