what was your aha moment when you first started trading?

Discussion in 'Psychology' started by mute9003, Apr 30, 2022.

  1. It's definitely a aha moment when you start trading live account and experiencing trading anxiety cause you are risking your real money instead of fake money on a demo.
     
    #81     Jul 31, 2022
  2. Axel_23

    Axel_23


    When I started trading with small amounts at that very moment I dreamt of huge earnings, even planned beforehand where I’m going to invest it but my aha moment came when I realised I lost it all.
     
    #82     Aug 22, 2022
    longandshort likes this.
  3. schizo

    schizo

    Not sure if this was stated by anyone, but the very first "aha" moment usually comes after you blow up your account. That's when you really begin to process the whole thing.
     
    #83     Aug 22, 2022
    Real Money and comagnum like this.
  4. There are many Aaha moments in the lives of new traders. My first moment was when I realised live trading is not the same as demo trading. I had quite the setback when I failed to make money in live trading.
     
    #84     Aug 22, 2022
  5. Traders shouldn't feel the need to blow up an account or multiple accounts....traders think of that failed process as some kind of rite of passage, a badge of honor. Similar to getting beaten up by a gang, first, before you're allowed to join the gang.

    The moment you suffer a first loss, or two, that should be your immediate wake-up call to get intelligent and right about the trade process, journey, ahead.
    Schizo 20.22
     
    #85     Aug 22, 2022
  6. It was when I first started trading and made profits on a demo account. My beginner self’s aha moment.
     
    #86     Aug 24, 2022
  7. Lyla

    Lyla


    Aha moment for me was when i started trading and it was a fruitful one.


     
    #87     Aug 25, 2022
  8. MarkBrown

    MarkBrown

    i blew up so many accounts there was nothing left but AHA'S!
     
    #88     Sep 7, 2022
    murray t turtle likes this.
  9. You blew up multiple accounts? I thought you were all intelligent, and conservative and methodical in your fixed, algo, computer trading formulas.
    Are you still blowing up multiple accounts in 2022 after decades of doing this, or are you a millionaire trader now who has found the Holy Grail?
     
    #89     Sep 7, 2022
  10. MarkBrown

    MarkBrown


    the holy grail is finding a consistent edge where overall your trading is profitable. that's why i always stress profit factor as the most important statistic in trading. i am NOT a millionaire actually.
     
    #90     Sep 8, 2022
    beginner66, tomi01 and smallfil like this.