Tell me some of your bad habits

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

  1. TrAndy2022

    TrAndy2022

    There are many weak points being a human as trader, that is described under cognitive bias. I have attached all sort of them listed below.
     
    #11     Dec 9, 2023
  2. Good Evening SmithFX,

    I honestly do not have any bad habits in my manual trading.

    Whatever I do during my manual trading is done because I want to and I agree with what I am doing.

    There is no such thing as mistakes in manual trading. We all grown adults.
     
    Last edited: Dec 9, 2023
    #12     Dec 9, 2023
    Tokenz likes this.
  3. tomkat22

    tomkat22

    You must be using dino. Full synthetic you should be good for 10-12,000 miles (at least).
     
    #13     Dec 9, 2023
    taowave likes this.
  4. taowave

    taowave

    You openly admit to losing money trading

    Your post explains the reason why..


     
    #14     Dec 10, 2023
    oraclewizard77 and SimpleMeLike like this.
  5. TheMordy

    TheMordy

    One of my really bad habits, is looking at my phone or this forum while my charts are open.....
     
    #15     Dec 10, 2023
    taowave likes this.
  6. Tokenz

    Tokenz

    That's way too long, 5000 for me on full synthetic
     
    #16     Dec 10, 2023
  7. Good Morning taowave,

    Of course I have lost money trading. Yes I lost money trading trying to figure it out and try this and that and try this and that and all sorts of stuff.

    But those losses help me be a better trader for myself.

    IMO, if doing trading alone part time or full time, it just takes a long time, unless have great teacher or hook up
     
    #17     Dec 10, 2023
  8. tomkat22

    tomkat22

    No,you're wasting a lot of money doing that. Mobil One says you're good for 20,000 miles on their full synthetic. Not sure I would press my luck quite that far but apparently they feel you can with no problems.
     
    #18     Dec 10, 2023
  9. Tokenz

    Tokenz

    Do you change your own oil? I changed mine at 7500 on full synthetic. The oil was black as hell coming out. You don't ever want your oil to be that color. To me as long as the oil is brown coming out then it's fine, your car might be different...
     
    #19     Dec 10, 2023
  10. tomkat22

    tomkat22

    I've been changing my own oil since I was 19 and I'm 67 now. I've NEVER let anyone else change my oil. You're asking too much to expect the oil to be the same color at 5k as it was when it was fresh. Naturally it will be a little dirty. If your's was as black as you say it was I suspect you have other issues going on,maybe the engine overheated at some point and burnt the oil or your air filter is not doing it's job.
     
    #20     Dec 10, 2023
    taowave likes this.