Still Long and underwater... {image} And this is what I tell myself: {image}
For those of us deep in the water, I just want to say that I'm happy to have you all as comrades during this awful day. Lessened the pain a bit lol...still sucks, but happy to have all of you here For those of you who sold instead of bought, excellent trading day for you all!
For those of you who sold instead of bought, excellent trading day for you all!
- #140,264
- Sep 29, 2021 4:55pm Sep 29, 2021 4:55pm
- Joined May 2014 | Status: Full Time Trader | 27,096 Posts | Online Now
Keep your calm and be patient! We all have to deal with draw downs BUT "pain" almost always comes from weak money management.. Keep improving your money management skills.. Without it there is no future in this business! Best wishes to all 
Focus only on what truly matters!
For those of us deep in the water, I just want to say that I'm happy to have you all as comrades during this awful day. Lessened the pain a bit lol...still sucks, but happy to have all of you here
Practitioner of the cryptic trading arts
{quote} That is such "not a guy" perspective (in my experience). When I'm in deep under I'm just annoyed, resentful, bitter, towards myself (mostly). The supportive attitude and the praise towards the more fortunate is quite unfamiliar. Yet interesting. There may be s.thing in it about better emotional management.
Maybe that was girly, lol…I just wanted say I appreciated everyone today 
I have times where I can feel that way also, working to get better with the psychology of it all!
Keep your calm and be patient! We all have to deal with draw downs BUT "pain" almost always comes from weak money management.. Keep improving your money management skills.. Without it there is no future in this business! Best wishes to all
- #140,268
- Sep 29, 2021 7:33pm Sep 29, 2021 7:33pm
Keep your calm and be patient! We all have to deal with draw downs BUT "pain" almost always comes from weak money management.. Keep improving your money management skills.. Without it there is no future in this business! Best wishes to all
- #140,269
- Sep 29, 2021 11:41pm Sep 29, 2021 11:41pm
- | Commercial User | Joined Oct 2018 | 1,031 Posts
Its all about Timing!!!
- #140,271
- Sep 30, 2021 12:12am Sep 30, 2021 12:12am
- Joined Dec 2018 | Status: Trader | 1,483 Posts
I use this scenario to know 1.16211 reach this week. So it's time to back 1.1710 after that it could be drop again. Looking ecb and fed. USA could be shutdown and default. So his make tapering early
- #140,272
- Sep 30, 2021 12:48am Sep 30, 2021 12:48am
Here is a turning point in 1hr chart which is most likely to occur at 10 EST (Eastern Standard Time) on 2021.09.30 and it should occur around 10.00 EST in 15 min chart. A top or bottom is formed around that time in 1hr chart.
Previous prediction
Previous prediction
- #140,273
- Sep 30, 2021 12:55am Sep 30, 2021 12:55am
- Joined Mar 2020 | Status: Trader | 1,129 Posts
{quote} It's so painful...I never expected this today. This hasn't happened in a while
One of the things that you will understand is that being an excellent market analyst doesn't have to make at least an average, somehow successful trader.
- #140,275
- Edited 1:44am Sep 30, 2021 1:34am | Edited 1:44am
- Joined May 2014 | Status: Full Time Trader | 27,096 Posts | Online Now
Hi traders..
Waiting for London with 2 open long orders currently under draw down... I touch nothing.. I do nothing.. Just patiently waiting.. Stay focused!
Good luck to all!
*I am still waiting for Amazon to deliver my 3 white soldiers package.. lol
Waiting for London with 2 open long orders currently under draw down... I touch nothing.. I do nothing.. Just patiently waiting.. Stay focused!
Good luck to all!
*I am still waiting for Amazon to deliver my 3 white soldiers package.. lol
Focus only on what truly matters!
- #140,278
- Sep 30, 2021 2:52am Sep 30, 2021 2:52am
Keep your calm and be patient! We all have to deal with draw downs BUT "pain" almost always comes from weak money management.. Keep improving your money management skills.. Without it there is no future in this business! Best wishes to all
Every trader is bound to have losses and some times tanking multiple losing trades at a time.
But if a trader does manage his risk well and is not haunted by the fear of 'how much more am I gonna lose', one should be able to keep his emotion in check.
I tried the bottom last night but was already stopped out.
To me it's just one losing trade and I'm looking for another opportunity to buy again (in fact I did already).
For me, I like to take a trade one at a time.
This is after many years of trading where I come to understand what works for me.
And all my losers are smaller than my winners and I personally don't hold a trade more than a day so I'll never go sleepless ever.
What I've shared may not suits everyone but traders need to find out what work best for them and worry less.
We didn't start trading to get so stressed up.
Aim for what's achievable and don't be a dreamer.
- #140,279
- Sep 30, 2021 3:04am Sep 30, 2021 3:04am
I have one really bad long position from almost two weeks ago. Also, have two longs from yesterday, they both almost at the current bottom. Maybe I'm naive, but still, have hope to get dry out of this situation. 
