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psychological problems

  • #1
  • First Post: May 18, 2023 8:14am May 18, 2023 8:14am
I noticed that I have a psychological problem, the simpthoms are clear, in demo I win, in live I lose, and a lot.

Cannot understand why, I don't notice that I get more nervous or anxious, just it happens in that way, I can switch from day to day and it keeps happening, really frustrating.

Anybody have any advice about that? any kind of help will be highly welcomed

thanks in advance
rip and tear until it's done
  • #2
  • May 19, 2023 5:49am May 19, 2023 5:49am
Do you after good week or month on demo go on live? if answer is yes, maybe this is is a problem if you have profitable strategy go on live after bad week on demo. market go in cyclic and its normal if your strategy are 50% profitable half weeks in year will be in red.
patience, patience, patience and after that more patience
  • #3
  • Edited Jan 15, 2024 11:37am May 20, 2023 1:38pm | Edited Jan 15, 2024 11:37am
Good reading, will be helpful, maybe...
{ copyrighted attachment deleted by staff }
  • #4
  • May 20, 2023 1:51pm May 20, 2023 1:51pm
Quoting BlackNapkins
Good reading, will be helpful, maybe... {image}
thanks for the book, looks like psicolgical focused, let's see if it helps
rip and tear until it's done
  • #5
  • May 21, 2023 3:35pm May 21, 2023 3:35pm
Trading is about following a winning strategy. If you lose on a live account then it means you are not following a strategy but trading rather chaotic. Or am I wrong?
Risk Management is of utmost importance!
  • #6
  • May 21, 2023 8:08pm May 21, 2023 8:08pm
Quoting sisucoro
我注意到我有心理问题，模拟很清楚，在演示中我赢了，在现场我输了，而且很多。不明白为什么，我没有注意到我变得更加紧张或焦虑，只是它就是这样发生的，我可以每天切换，而且它一直在发生，真的很令人沮丧。有人对此有什么建议吗？非常欢迎任何形式的帮助提前致谢...

This is a common problem faced by novices,~~
  • #7
  • May 24, 2023 3:43pm May 24, 2023 3:43pm
Quoting sisucoro
I noticed that I have a psychological problem
//----

brad barber and terrance odean can probably help....... or at least they helped me.....

many times.....
//-----

in terms of losing big, what has helped me is to manually reduce the size and numbers of trades.....

while at the same time increasing the predictability of the trades success...... which will in itself also lower the size and numbers of trades....

doing this, lessens the number of good trades required to cover the bad ones.... which increases overall profit and our confidence in the process.....

in psychology, it's know as the pygmalion effect.....
//------

there is nothing wrong with making minimum wage while were learning to be millionaires.....h
to trade and code, keep both simple... no call to impress....h
  • #8
  • May 24, 2023 4:39pm May 24, 2023 4:39pm
hi, thank you all for your answers, really intersting books and authors, I will check them for sure.

I'm solving it as it has to be done, keep trading in real, minimum lotsize but keep adapting the brain to it, it's working, I'm only at 20 pips of the big loss that I made last week.

rip and tear untill it's done
rip and tear until it's done
  • #9
  • Jun 7, 2023 10:30am Jun 7, 2023 10:30am
Just remember that a loss trade is not necessarily based on bad decisions, and that a win trade is not necessarily based on good decisions.

It is easy to confuse a single trade outcome (which is still to a large extent random) with a structural problem in the strategy or your behavior (outcome bias). However, it is easy to get into this toxic spiral of adjusting your behavior if you see losses, and that effect is accelerated as you trade on a live account.
  • #10
  • Jun 7, 2023 12:02pm Jun 7, 2023 12:02pm
Quoting sisucoro
I noticed that I have a psychological problem, the simpthoms are clear, in demo I win, in live I lose, and a lot. Cannot understand why, I don't notice that I get more nervous or anxious, just it happens in that way, I can switch from day to day and it keeps happening, really frustrating. Anybody have any advice about that? any kind of help will be highly welcomed thanks in advance
I understand your frustration. Many traders experience a difference between demo and live trading results. It's important to stay persistent and work on managing your emotions. Seek guidance from experienced traders or professionals. Keep going, and you'll find a way to overcome this challenge!
  • #11
  • Jun 26, 2023 4:26am Jun 26, 2023 4:26am
I understand how frustrating it can be to experience such a pattern. What I suggest is to stay consistent in your trading approach. It's important to develop a routine and stick to it, as it helps create discipline and stability. Also, you can do exercises and meditation to improve your focus and maintain a calm state of mind.
  • #12
  • Jun 26, 2023 10:33am Jun 26, 2023 10:33am
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  • #13
  • Jul 14, 2023 1:53am Jul 14, 2023 1:53am
Dozens of traders across the world can relate your problem buddy and it's one of the primary things traders encounter in the very beginning of their way.
Well... Not gonna lie, professional in this field also face such difficulties from time to time even though they have an immense experience behind.
The main advice of mine to you - try to relax. It sounds corny as hell, but you should understand that there's a certain sum of money which you allocate for trading and imagine that you have already lost it. Just imagine you doesn't have this sum anymore, imagine that you are trading virtual funds. This strategy can help you to form an immune to the fear of the market, and losses on the real account.
You won't be succeeded right away, but constant trainings bear fruit.
  • #14
  • Jul 15, 2023 8:13am Jul 15, 2023 8:13am
I have just started my FX trading journey last April 2023, and in my personal observation the more I trade , the more I lose. So when I tried to take a different approach, specially shifting through a larger time frame H1/H4/D1 I was able to make larger profits. That being said, it makes sense to say that "Less is more". The lesser I trade, the higher I gain. This of course may not be applicable to everyone as we have different trading strategies.
  • #15
  • Jul 23, 2023 11:58am Jul 23, 2023 11:58am
You lose because you get emotions that you don't have on the demo and then errors come and the circle closes. The basis is to start with a rate at which you will not feel a mental burden when losing and see if it will improve your statistics, if so, systematically increase
Because all of this later adds up to other factors that you don't stick to the strategy and you end up in full gambling
That's my opinion
  • #16
  • Jul 28, 2023 7:43am Jul 28, 2023 7:43am
Quoting sisucoro
I noticed that I have a psychological problem, the simpthoms are clear, in demo I win, in live I lose, and a lot. Cannot understand why, I don't notice that I get more nervous or anxious, just it happens in that way, I can switch from day to day and it keeps happening, really frustrating. Anybody have any advice about that? any kind of help will be highly welcomed thanks in advance
If you lost in a real game, then in the demo, you must have been lost too. Just be honest with yourself.
If you won in the demo account, it was short-term luck.

The root cause is really simple. No one goes bankrupt because they exchanged their USD with Japenese Yen or Pounds.
Forex is slow!
You used lots of leverage. That's it.

Learning about what leverage itself will save you from this loop of hell.

All the bubbling about emotion and psychology is the most bullsh*t I constantly hear.


Change your expectation, and don't play with ridiculous behaviour.

Why on earth, do people believe in Pips? Pips are not real.
  • #17
  • Jul 28, 2023 8:39am Jul 28, 2023 8:39am
Quoting sisucoro
I noticed that I have a psychological problem, the simpthoms are clear, in demo I win, in live I lose, and a lot. Cannot understand why, I don't notice that I get more nervous or anxious, just it happens in that way, I can switch from day to day and it keeps happening, really frustrating. Anybody have any advice about that? any kind of help will be highly welcomed thanks in advance
Mark douglas, rip legend, has a nice free 4 part series on trading psychology. It's free. Watch it, listen to it, enjoy it. It's filled with nice gems.

Trading in the zone is also a good book that can help you.
Trading is gambling. So gamble responsibly.
  • #18
  • Aug 3, 2023 5:12am Aug 3, 2023 5:12am
[quote=Sovy;14515395]{quote} Mark Douglas, legenda rip, ma fajną darmową 4-częściową serię na temat psychologii handlu. Jest wolne. Oglądaj, słuchaj, ciesz się. Jest wypełniona pięknymi klejnotami. Handel w strefie to także dobra książka, która może ci pomóc. [/cytat]


Could you please tell me the names of the psychology books you're talking about? I would be very grateful
  • #19
  • Aug 3, 2023 5:48am Aug 3, 2023 5:48am
[quote=Mr.Nobodyy;14522366]
Quoting Sovy
{quote} Mark Douglas, legenda rip, ma fajną darmową 4-częściową serię na temat psychologii handlu. Jest wolne. Oglądaj, słuchaj, ciesz się. Jest wypełniona pięknymi klejnotami. Handel w strefie to także dobra książka, która może ci pomóc. [/cytat] Could you please tell me the names of the psychology books you're talking about? I would be very grateful
trading in the zone.

Disciplined trader.

Not trading this one but old school (intelligent investor) (i also invest so, this one is old school but helped)

Rule based system you adhere too
Trading is gambling. So gamble responsibly.
  • #20
  • Aug 3, 2023 7:00am Aug 3, 2023 7:00am
[quote=Mr.Nobodyy;14522366]
Quoting Sovy
{quote} Mark Douglas, legenda rip, ma fajną darmową 4-częściową serię na temat psychologii handlu. Jest wolne. Oglądaj, słuchaj, ciesz się. Jest wypełniona pięknymi klejnotami. Handel w strefie to także dobra książka, która może ci pomóc. [/cytat] Could you please tell me the names of the psychology books you're talking about? I would be very grateful
Maybe you will like this one:
"Thinking, Fast and Slow" by Daniel Kahneman
"The Power of Habit" by Charles Duhigg
"Mindset: The New Psychology of Success" by Carol S. Dweck
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