That's a good point. Wow, I needed to hear that ! I thought it was just me. I felt a bit forced and not as focused. Then there's that Uh-oh thought of how am I going to ever be consistent. But I have noticed it before. Mondays are not always me best days then add in the extra time off. Thank you jas
Greetings Mr A, as a fellow lurker on this thread, I would be remiss not to remind you to please play in accordance with the wishes of the thread starter, as stated by JAS: "If you are looking for advice on entries and exits, this (My) journal has moved beyond that. We are now on to developing and maintaining the proper discipline and traders mindset to create consistency and daily income." KDASFTG
our psychology no matter here,profit vs loss anything else matter to you mind amtuere i'm in the trench. no billionair nor millionaire. just in the trench
If you're willing to listen to the psychology side of trading the profit and loss can take care of itself
Greetings again Mr A, “What we have here is a failure to communicate”,........and unfortunately, in more ways than one. If you truly believe that your own personal psychology plays little or no role in your trading, you are sadly mistaken. Further, your own words have revealed you to be the real “amateur” among us. But that is a whole other topic. Therefore, one has to logically question the reasons for your presence on this thread? You are proving to be a truly disruptive element on this thread. You claim that you are “in the trench”,...and I for one believe you. Sadly, that is where you will likely remain unless you,….“change the way you think”. In any case, if in the future you would like some more of this “metaphysical crap” we are shoveling,….to of course, help you rise out of your “intrenched thinking”…please let us know. Otherwise,....let the front door hit ya,…where the good Lord split ya…please. KDASFTG
My belief is: an above average trading system used by a trader lacking discipline (perhaps due to fear or uncertainty) will very likely lose money. The trader will be unable to follow the rules. An average trading method used by a trader with discipline will produce profits. We're all in the trenches. Whether we get out with a profit or shoot ourselves in the foot depends on how we manage our fear, anger, uncertainty, mistakes and successes, to list just a few. If you are trading without an awareness of the mental game you are already at a disadvantage. Not just true in trading but other professions as well.