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Attachments: Why you shouldn't show how much you have made in FX
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Why you shouldn't show how much you have made in FX

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  • Post #1
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  • First Post: Sep 7, 2018 1:55pm Sep 7, 2018 1:55pm
  •  ForestX
  • Joined Feb 2018 | Status: Member | 258 Posts
I don't know if it's only Me or anybody else. But every time I show my profits that I made in a short-long term to my friends, my trading results start to drop and then I hit margin call.( It happened four times)

I don't know if its karma or something similar.
My best advice is to never show how much you have made or even talk about it. Just say you're doing great

Share your experience !
I make perfect trades. But terribly manage it
Hamster on DRUGS TE All Time Return: -61.9%
  • Post #2
  • Quote
  • Sep 7, 2018 2:16pm Sep 7, 2018 2:16pm
  •  tashkent
  • Joined Oct 2011 | Status: quo | 4,193 Posts

seriously, what is the logical connection between showing someone your profits and then getting a margin call as a result?
As Above, So Below
1
  • Post #3
  • Quote
  • Sep 7, 2018 2:24pm Sep 7, 2018 2:24pm
  •  ForestX
  • Joined Feb 2018 | Status: Member | 258 Posts
Quoting tashkent
Disliked
seriously, what is the logical connection between showing someone your profits and then getting a margin call as a result?
Ignored
I don't know. It didn't happen to me only. I've seen in Discord group talking about that. So I thought maybe someone in FF who can relate to this hardly
I make perfect trades. But terribly manage it
Hamster on DRUGS TE All Time Return: -61.9%
  • Post #4
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  • Sep 7, 2018 2:34pm Sep 7, 2018 2:34pm
  •  andoseg2
  • Joined Jun 2011 | Status: Swing trader using Market Cycles | 2,015 Posts
The only time one shall reveal his trading results is when is negociating with investors. Everything else is just imaturity.
Money moves the market, not an indicator.
1
3
  • Post #5
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  • Sep 7, 2018 2:40pm Sep 7, 2018 2:40pm
  •  tashkent
  • Joined Oct 2011 | Status: quo | 4,193 Posts
Quoting ForestX
Disliked
{quote} I don't know. It didn't happen to me only. I've seen in Discord group talking about that. So I thought maybe someone in FF who can relate to this hardly
Ignored
then do the opposite if it works: show your friends results after heavy losses or margin call and see what happens.
As Above, So Below
3
  • Post #6
  • Quote
  • Sep 7, 2018 2:59pm Sep 7, 2018 2:59pm
  •  ForestX
  • Joined Feb 2018 | Status: Member | 258 Posts
Quoting andoseg2
Disliked
The only time one shall reveal his trading results is when is negociating with investors. Everything else is just imaturity.
Ignored
I 100% agree on this. I'll keep that in my notebook
I make perfect trades. But terribly manage it
Hamster on DRUGS TE All Time Return: -61.9%
  • Post #7
  • Quote
  • Sep 7, 2018 3:00pm Sep 7, 2018 3:00pm
  •  ForestX
  • Joined Feb 2018 | Status: Member | 258 Posts
Quoting tashkent
Disliked
{quote} then do the opposite if it works: show your friends results after heavy losses or margin call and see what happens.
Ignored
Then they would think I lost everything . Atleast my challenge is going great because nobody saw how much I made
I make perfect trades. But terribly manage it
Hamster on DRUGS TE All Time Return: -61.9%
  • Post #8
  • Quote
  • Sep 7, 2018 3:37pm Sep 7, 2018 3:37pm
  •  diceman555
  • Joined Jun 2009 | Status: Member | 5,511 Posts
The problem is in the question you are asking.

You are not yet at the point were you desire to be.
You are still trying to validate your success in some misdirected form connected to a belief system of validation that you have conquered this particular task.the fact you require this external acceptance of success is in fact a deeper subconscious knowledge of the opposite.
When one reaches that point you will not require external praise
4
  • Post #9
  • Quote
  • Sep 7, 2018 3:49pm Sep 7, 2018 3:49pm
  •  tradesimply
  • | Commercial Member | Joined Oct 2012 | 163 Posts
I've had something similar happen in the past where after a good run I would start to extrapolate my winnings into the future, based on similar success. Then I would inevitably hit a drawdown.

But I put this down to over-confidence and complacency.

Or in other words, counting my chickens before they had hatched. Never a good idea!
2
  • Post #10
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  • Sep 8, 2018 10:04am Sep 8, 2018 10:04am
  •  JsCave
  • Joined Aug 2018 | Status: Researcher | 190 Posts
Quoting ForestX
Disliked
I don't know if it's only Me or anybody else. But every time I show my profits that I made in a short-long term to my friends, my trading results start to drop and then I hit margin call.( It happened four times) I don't know if its karma or something similar. My best advice is to never show how much you have made or even talk about it. Just say you're doing great Share your experience !
Ignored
in some cultures that's true, when people see someone have something that they don't have they wish if they was in your place, at that point there is bad energy or ray whatever you like to call , that negative energy hit you and effect on you badly, like someone has good health and when someone else start look at him and wish if he was in his place , next day he can wake sickness, some people have that bad energy, and even in some religions there is mention about that thing and warn from that . so if that not making you comfortable just not show it
2
  • Post #11
  • Quote
  • Sep 8, 2018 10:32am Sep 8, 2018 10:32am
  •  3ndlessHope
  • | Joined May 2016 | Status: Member | 542 Posts
Psychology. When i played poker in the past and won big, i told it to my friends. It felt good, too good. Then i realised that i make bad decisions because of that feeling. Cant really explain because of my limited english knowledge, but most likely this is what happens to you too.
Necessity knows no law except to conquer
1
  • Post #12
  • Quote
  • Sep 8, 2018 11:52am Sep 8, 2018 11:52am
  •  loozers
  • | Membership Revoked | Joined Jul 2018 | 919 Posts
Quoting ForestX
Disliked
I don't know if it's only Me or anybody else. But every time I show my profits that I made in a short-long term to my friends, my trading results start to drop and then I hit margin call.( It happened four times) I don't know if its karma or something similar. My best advice is to never show how much you have made or even talk about it. Just say you're doing great Share your experience !
Ignored

what ?
Attached Image
2
  • Post #13
  • Quote
  • Sep 8, 2018 2:04pm Sep 8, 2018 2:04pm
  •  Emerald2112
  • | Joined Mar 2014 | Status: Member | 393 Posts
Quoting loozers
Disliked
{quote} what ? {image}
Ignored
Why?
  • Post #14
  • Quote
  • Sep 8, 2018 2:53pm Sep 8, 2018 2:53pm
  •  loozers
  • | Membership Revoked | Joined Jul 2018 | 919 Posts
Quoting Emerald2112
Disliked
{quote} Why?
Ignored

To quack is to perform an act that displays one's stupidity, over trading, greed, emotions, emotional risk taking, trading for emotional fulfillment etc
2
  • Post #15
  • Quote
  • Sep 9, 2018 9:53am Sep 9, 2018 9:53am
  •  ForestX
  • Joined Feb 2018 | Status: Member | 258 Posts
Quoting diceman555
Disliked
The problem is in the question you are asking. You are not yet at the point were you desire to be. You are still trying to validate your success in some misdirected form connected to a belief system of validation that you have conquered this particular task.the fact you require this external acceptance of success is in fact a deeper subconscious knowledge of the opposite. When one reaches that point you will not require external praise
Ignored
Interesting perspective. I had to read it twice to atleast get an idea what you meant.
I make perfect trades. But terribly manage it
Hamster on DRUGS TE All Time Return: -61.9%
  • Post #16
  • Quote
  • Sep 9, 2018 9:54am Sep 9, 2018 9:54am
  •  ForestX
  • Joined Feb 2018 | Status: Member | 258 Posts
Quoting tradesimply
Disliked
I've had something similar happen in the past where after a good run I would start to extrapolate my winnings into the future, based on similar success. Then I would inevitably hit a drawdown. But I put this down to over-confidence and complacency. Or in other words, counting my chickens before they had hatched. Never a good idea!
Ignored
Yeah. I think making BIG expectations is not healthy because you try to push yourself to get bigger in short term.
I make perfect trades. But terribly manage it
Hamster on DRUGS TE All Time Return: -61.9%
1
  • Post #17
  • Quote
  • Sep 9, 2018 9:55am Sep 9, 2018 9:55am
  •  ForestX
  • Joined Feb 2018 | Status: Member | 258 Posts
Quoting JsCave
Disliked
{quote} in some cultures that's true, when people see someone have something that they don't have they wish if they were in your place, at that point there is bad energy or ray whatever you like to call , that negative energy hit you and effect on you badly, like someone has good health and when someone else start tos look at him and wish if he was in his place , next day he can wake sickness, some people have that bad energy, and even in some religions there is mention about that thing and warn from that . so if that not making you comfortable...
Ignored
I agree. This can be part of the process by exposing your "Greatness" by making lots of money and showing to everyone. And then they say that They want to trade like me or atleast get into that.
I make perfect trades. But terribly manage it
Hamster on DRUGS TE All Time Return: -61.9%
  • Post #18
  • Quote
  • Sep 9, 2018 9:58am Sep 9, 2018 9:58am
  •  ForestX
  • Joined Feb 2018 | Status: Member | 258 Posts
Quoting 3ndlessHope
Disliked
Psychology. When i played poker in the past and won big, i told it to my friends. It felt good, too good. Then i realised that i make bad decisions because of that feeling. Cant really explain because of my limited english knowledge, but most likely this is what happens to you too.
Ignored
This happened to me too with poker. I've won like 2-3 really deep tournaments but after saying How great I was playing at the table, I started to get the overconfidence and ego boost which is not healthy at all. So I started losing lots of great opportunities and kept losing my confidence till I stop playing poker for some time.
I make perfect trades. But terribly manage it
Hamster on DRUGS TE All Time Return: -61.9%
1
  • Post #19
  • Quote
  • Sep 9, 2018 10:00am Sep 9, 2018 10:00am
  •  ForestX
  • Joined Feb 2018 | Status: Member | 258 Posts
Quoting loozers
Disliked
{quote} To quack is to perform an act that displays one's stupidity, over trading, greed, emotions, emotional risk taking, trading for emotional fulfillment etc
Ignored
I agree with over trading. But I've never put any emotions in trading. I legit cut off these things and Forex do not fulfill my emotions because Trading has to be boring just like any other game like poker,chess and etc. But the process is exciting and keeps me on the track.
I make perfect trades. But terribly manage it
Hamster on DRUGS TE All Time Return: -61.9%
  • Post #20
  • Quote
  • Sep 9, 2018 12:07pm Sep 9, 2018 12:07pm
  •  Emerald2112
  • | Joined Mar 2014 | Status: Member | 393 Posts
Quoting loozers
Disliked
{quote} To quack is to perform an act that displays one's stupidity, over trading, greed, emotions, emotional risk taking, trading for emotional fulfillment etc
Ignored
Good advice and some great indicators you have too thanks
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