praise or criticize the action not the person. i know that is what you tried to do. holding an overwhelmingly stressful position clouds your judgement. the basic rule is that if a position becomes too stressful close the position and live to fight another day.
at first i thought i had psychological deficiencies for not always following the plan. started reading the psychobabble books etc. now i think i always do what is best for me deep down, according to skill-level of course. so losing big money these last days made me think..
1) for an absolute beginner 5k would probably guarantee you a one way ticket out. 2) maybe, i don't really understand the question.
great advice, thanks actually i am not interested in the business of movie making. it's just one of these things i crave to do as a way to express myself. i have several strong opinions regarding the art and doing it for money is not one of them
Have you analyzed your mistakes during the time you traded? In trading, like in sports, you have to work on your weaknesses, if you can't better yourself, if you can't make yourself do things you don't like doing, than you have to stay clear of trading, as it might eventually ruin you both financially and emotionally. I wish you all the best.
not a gambler...it's not easy...trading took all my emotions away, i don't laugh at jokes etc.....anyhow... -------------------------------------------------------------------------------- I can't believe nobody has corrected/strongly disagreed with/ mocked this post. Perhaps the above personality profile fits the semi-successful, five-figure/year grinder, but certainly not the seven figures+ high roller. Not even close! ------------------------------------------------------------------------------------ Dude, gamblers don't make money in Vegas or in the market. Some gamblers get lucky and play the big shot role for awhile, but eventually they all bust out. The ones who make money in gambling or the markets do their homework, keep their emotions in check, and are obsessive about managing risk. The ones who make 7 figures + do this the best.