Wisdom and virtue

I finally got serious about forex this past year, especially in June. One of the things I have noticed, is that often I know the right thing to do, but don't do it. This is an expensive thing to do! Chris Lori has two things in his course that are funny, but painful. He says that wisdom is knowing what to do and virtue is doing it. That one is good. The other one is funny. "You don't want to learn by experience that you don't learn by experience!" LOL!

Anyway, as a novice trader, I have found myself taking trades that I hope will pay instead of taking only trades that meet my criteria. That is really starting to change though. As I reviewed my trades for the last 1.5 months, most of my losses were a result of not following my criteria. For example, the last 2 losses I have, I didn't choose to bail at break even. Price told me to bail, but I wanted to win! At some point, I have to shift from wanting to beat the market, to wanting to make money.

Anyway, I am encouraged as a few people I have spoken with say that is part of the maturation process. Anyone else go through that phase of trading what you hope will be a winner because it fits 70% of the criteria instead of all of it?

Happy trading.

This is what trading is really about, doing the right thing at the right time.

There are many systems that can make money, but trading them correctly is difficult for most people. Unless you are using a pure mechanical trading system, you need to get control of yourself as much as possible to succeed.

I suggest you begin exploring things like meditation. I use Paraliminals as well and I find they work just great.

I believe any strategy can undergo improving for better and better results.
I tried a lot of indicators and my best indicators are Stochastic and Volume.
But they have to be used differently for different market volatilities.

Where are you getting the Volume from?

Maybe I do not get the question but
I meant Volume indicator and if you are new to MT4
you got to menu
Insert/Indicators/Volume