What should I do? Losing lots of money!

Discussion in 'Psychology' started by kqgone2da, Oct 23, 2009.

  1. dealmaker

    dealmaker

    You are trading not to lose and that's a recipe for disaster.
     
    #31     Nov 1, 2009
  2. DannoXYZ

    DannoXYZ

    yes, lose smaller amounts...
     
    #32     Nov 7, 2009
  3. Jeffp

    Jeffp

    A mentor usually helps...someone who's been in the game a while. When I get in an unusual draw down...I lighten up on size first , then get a third party audit and review of my trade results. Someone else's perspective can bring in more clarity than your own ...especially when you're stressed by losses and "trading for answers."

    -JP
     
    #33     Nov 8, 2009
  4. stop. now is a horrible time for active trading
     
    #34     Nov 8, 2009
  5. speres

    speres


    Is it, why? I'm having a great time.
     
    #35     Nov 9, 2009
  6. ammo

    ammo

    u were up 590k,ripleys or fk u,if its true and this is a big score 4 u,the ego is pickled,take a vacation ,spend a lot of dough,waste money,the mrkt will be the same when u return,your head might b better,after getting reamed on your vacation,u will again know the value of money,which your ego is most likely blocking out,dont let your ego b in charge
     
    #36     Nov 9, 2009