Tell me some of your bad habits

Discussion in 'Forex' started by SmithFX, Dec 9, 2023.

  1. SmithFX

    SmithFX

    I am impatient and easily grow frustrated when suffer losses. What about you?
     
  2. My bad habits include buying high and selling low, buying low and selling even lower. That does happen sometimes lol.
     
    taowave and Peter8519 like this.
  3. ktm

    ktm

    Three years ago I waited until about 5500 miles to change the oil in my car.
     
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  4. trismes

    trismes

    I once started dozens of threads and ignored all the answers to every question posted.
     
  5. I have to let my dirty dishes 'soak'.
     
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  6. mikeriley

    mikeriley

    The same thing every trader deals with.

    Fear of loss and Fear of losing acquired profits.

    Greed is easy to overcome, but Fear is an
    atrociously ruthless beast.
     
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  7. tomkat22

    tomkat22

    Being a little tardy about exiting a trade that's moved against me.
     
  8. TheDawn

    TheDawn

    I am the opposite. I am impatient in taking profit when being profitable instead of letting profits run. So instead of suffering losses, I lose lot more in potential profit. :(
     
    oraclewizard77 likes this.
  9. zghorner

    zghorner

    I agree man but greed has lost me more money than fear. those are definitely the the two killers though.
     
  10. zghorner

    zghorner

    My current most detrimental habits that I am working on:
    - Getting shaken out of good hands by aggressive movement against me. Both upon entering as well as when holding a winner. Basically getting out early before my exit signal because of momentum.
    - Overtrading on weak signals. I should be taking 2-3 trades per day, 5 MAX and my average last week was closer to 7.
     
    #10     Dec 9, 2023