Do you see yourself improving, day after day? | Forex Factory

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Do you see yourself improving, day after day?

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  • Do you see yourself improving day after day?
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  • #1
  • First Post: Sep 17, 2008 7:28pm Sep 17, 2008 7:28pm
Hi all, well a question we all must ask to ourself, is:

Do you see yourself improving your trading performance, day after day?

or

You'r spending a lot of time praticing (and buring real money in many cases) and you still don't see the light?
  • #2
  • Sep 17, 2008 7:57pm Sep 17, 2008 7:57pm
Hi Tunera,

It is great question, and I think most people suffer from "Paralysis from Analysis". And then they keep hopping from system to another. I am saying this from personal experience and it took me years to realize it.

My recommendation is to pick few good systems of different Timeframes and take only the best case scenario trades. Keep practicing them for few months and I am sure you will see the light. Also I found that keeping a journal helps and sharing it with others is also a good idea.

Regards,
FirePips
  • #3
  • Sep 17, 2008 8:31pm Sep 17, 2008 8:31pm
i see myself doing what i always do....

winning 10 times in a row....

losing 10 times in a row....

and every combination in between....

i only determine half of my success in this business... the market determines the other half.

my advice to newbs is not to get down on themselves if they lose several trades in a row... it happens to just about everybody, even the pro traders.
  • #4
  • Sep 17, 2008 9:33pm Sep 17, 2008 9:33pm
It's not a question of improving day after day so much as improving trade after trade.

Win or lose, if you learn something from every trade, you're improving.
  • #5
  • Sep 18, 2008 5:46am Sep 18, 2008 5:46am
Quoting tdion
i see myself doing what i always do....

winning 10 times in a row....

losing 10 times in a row....

and every combination in between....

i only determine half of my success in this business... the market determines the other half.

my advice to newbs is not to get down on themselves if they lose several trades in a row... it happens to just about everybody, even the pro traders.
i totally disagree on that. YOU and only YOU determine the success. market is just a reflection of who you are at the moment you place a trade.

there is a solid reason for your losses and why you cant improve. and this reason is you. stop blaming the maket
  • #6
  • Sep 18, 2008 5:59am Sep 18, 2008 5:59am
Exactly, the best thing of trading, is that everytime you have a loose, you can LEARN, learn why you loosed, and how to not repeat it.

The best trades i ever had, are the ones that gived me losses, and the more the loss, the more good the trade was.

I know it sound stupid, but are the loosing trades that teach you something, everytime i have a loose, i modify my system and let it more good!
  • #7
  • Sep 18, 2008 7:12am Sep 18, 2008 7:12am
I keep OCHL graphs for my live account and I can see a definate uptrend... Still a long way to go though.
  • #8
  • Sep 18, 2008 7:38am Sep 18, 2008 7:38am
i didn't "blame" anyone, you idiot.

just for you... ENJOY!

http://www.forexfactory.com/showthread.php?t=107257

Quoting denbur
i totally disagree on that. YOU and only YOU determine the success. market is just a reflection of who you are at the moment you place a trade.

there is a solid reason for your losses and why you cant improve. and this reason is you. stop blaming the maket
  • #9
  • Sep 18, 2008 7:40am Sep 18, 2008 7:40am
and i'll say that you can't "learn" anything because you can't see WHAT CAUSES THE PRICE TO MOVE. you only see the surface, not what the cause is.

a professor of mine once said that history never repeats itself in the market. what you see are actually an infinite number of isolated unrelated events that create the chart. so what happened a month ago has nothing to do with what happens today.

in other words, no inefficiency exists.

Quoting tunera
Exactly, the best thing of trading, is that everytime you have a loose, you can LEARN, learn why you loosed, and how to not repeat it.

The best trades i ever had, are the ones that gived me losses, and the more the loss, the more good the trade was.

I know it sound stupid, but are the loosing trades that teach you something, everytime i have a loose, i modify my system and let it more good!
  • #10
  • Last Post: Sep 19, 2008 7:36am Sep 19, 2008 7:36am
Tom, doesn't that contradict what you wrote in your other thread(on luck) about your trading style being writing EA' that are based on historically profitable setups?

If you are profitable the professor was wrong?
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