Friday, September 2, 2011

Mini blow up

You my wonder how I not quit with this trading game when I have ridiculous days like this, how I'm not fed up to the point of leaving it all behind me?
My answer is that if we put money aside I really like discovering hidden rooms of my own psyche that get opened this way. Money on account is small now so I'm not getting killed financially. There are many interesting points for me to think about after today. Like why I'm so inclined to trade so impatiently with fear that I will lose opportunity? After I lose some and decide that I lost opportunity is that self aggression from that point (after yellow mark)?
In hindsight I was holding my ground until those two stops at 10:40. Five pip stop with 4 pip spread wasn't enough by just few pips. Then I lost it. I was buying and got stopped out. Then after some point it was obvious if I get bounce it wouldn't mean a thing, but I kept buying and getting stopped. Maybe getting bottom is ego thing (probably like getting top), so if I get it I wouldn't feel so bad?

-100 pips



7 comments:

Playeur said...

Whoa Bro, why fight the trend!

FX said...

Brain fart, that's why, especially why fight trend when I was trying for hour and a half to get in on a short side in a first place.

Sith-Trader said...

I've been through this millions of time. Now I don't do it anymore. I don't care the f*ck market will go. I just stand when the news came out. After that, not my battle anymore.

And it's been a blessing. $5k on NFP. :)

My method won't allow me to trade on my weakness. Too much screen time is a curse

PRD trader said...

One thing i can say my friend,I like your honesty but i dont like self destration.I would like you to trade with me and my method see how you go,dont worry its free for you.What do you say?

FX said...

Thanks on your kind offer but the thing I like about trading is that I do it on my own way. I just need to stay normal and not lose myself in emotional reactions.

Sith-Trader said...

FX, it's dfficult trading alone. Make a group and see the progress.

FX said...

Hehe, Sith I will make group with you and start trading the news and crooked brokers. :)) Just kidding:)