That's where you are going wrong then. Markets move because of money. They don't care about psychology. Although, they'd tell you that you have lost because of weak psychology, so that you don't point the finger at them for taking your money. I really don't see much hope for you in the markets. Go make money becoming a shrink.
You are not observant. Did you not see my coaching LondonKid and instantly transformed him in 2 minutes flat ? It's equally teachable to run a pizza shop as it is to trade in the markets. I have told you where the steps are. You just have to go get them. I mentioned 3 sources of those step. If you can't get them from one, perhaps you can get them from another. But just having the steps may not be adequate because you truely have to understand why those steps are there. A sure way to learn is to lose money. Eventually the steps will make sense.
ExperiencedJoe : For SOME people, trading is 2% "technique", and 98% psychology. Me being one : and this psychology is all about "sabotaging profits", not about generating profits. Now, if you do not know how to trade, and thus are fishing for any winning strategy, yes I can understand your difficulty in understanding. By the way, so just you know, quant funds ( as you have a very unhealthy "servile" mindset for hedge funds) do have people monitoring these programs, AND these programs do not run everytime. Just now, I have to go and show my face at some "manifestations" ( will help later on when standing for some Politics posts). Take time to think. Thanks
rofl. Unprofitable Joe spewing Sunday morning wisdom. oh, I just can't. thanks for helping me spit my espresso.
Fishing for a curve fit ? That's funny that. Did you know that if you grab a handful of sand, analyse it, and look for a correlation with the markets, you will find it. Like wise if you look for a correlation with the outline of mickey mouse, still you will find it. This is the fallacy of the curve fitters. I test for the curve fitters to eliminate them. Call that fishing, if you like - it's more fish them up and throw them out.
It takes no psychology to move the price to your stop. It does take some simple math equations however: price=stop; therefore internet-gambler=lose-and-blame-psychology
lol with this display of superior math, your pedigree is now unquestionable. thanks for the clarification.
I had SL's on all my 4 trades last week, 12pts starting then less on the DAX, the market didn't move to my stop on any of them, before I'd taken profit, afterwards well yes so given time market will get to all SL's and TP's, it's more a matter of getting to the TP first. Without an SL, sooner or later huge losses, just give it time.