jaquemate, if you still read this i wanted to ask: did you come to this understanding alone, or you read something in particular?
- View Post
- Hidden for breach of Trader Code of Conduct
- #10,250
- Edited 5:10pm Jan 27, 2022 2:15pm | Edited 5:10pm
DAX40 +30 +27 +65 Renko 100 Hi guys, Here we go... Here are three trades from Friday morning: The first two were made when the price bounce off the Daily Pivot with TP on the Daily Open Line. The last one, after a Double Top + Divergence and a nice 123 + rejection from the Emas. Have a nice Sunday Cheers {image}
Reading through this thread i was always very impressed with your trading as you are clearly one of the guys who really gets this strategy.
I have read "trading in the zone" and "trading rules that work" several times and i have also done the exercises Mark Douglas suggests. i believe that i have cultivated a winning attitude and i can "trade without fear" now from a probabilistic perspective, i no longer feel emotional over losers or winners for that matter. but a problem i have run into now is that i have streaks of winners and then streaks of losers and my equity is hovering around BE, i am having a hard time breaking through this barrier, i know this might be a broad question but i assume you went through a similar period of BE profits, what is it that helped you get over this hurdle? what should i be focusing on? i feel like my psychology is good but my TA is weak, and i am having a hard time identifying what i am doing wrong that is holding me back from true profitability, attached are the trades i took last night, 2wins 1BE the wins both came within a pip of my SL, lol. anyways sorry for the long post, any advice would be greatly appreciated, hope you are doing well, you are an inspiration
{quote} Hey matmomo, i am new to posting on forex factory but i have been reading this thread for about 2 months now every day, ive read just about every post. Reading through this thread i was always very impressed with your trading as you are clearly one of the guys who really gets this strategy. I have read "trading in the zone" and "trading rules that work" several times and i have also done the exercises Mark Douglas suggests. i believe that i have cultivated a winning attitude and i can "trade without fear" now from a probabilistic perspective,...
You're right, the BE period happened to everyone. Continue with the study and the most important thing I can tell you is "don't be in a hurry".
Don't have the anxiety of entering the market. Wait, observe, if you are not convinced or if you are late do not enter the market, wait for a new opportunity.
Set a daily target. For example 20 or 40 pips. When you reach the target stop trading for the day. Do it for a month. and the we'll talk about it.
Discipline is the key.
There are a lot of profitable Systems, but all needs discipline.
Don't be greedy, this is where we make mistakes.
If you hit a Stop Loss do not have the anxiety of recovering. Try to understand the mistake of the trade and wait for a new opportunity. But always without anxiety and haste.
For any clarification or to have a chat I am here. thanks for your kindly words.
Stay green.
