It's A Heart-Mind Game... Are You Ready? | Page 27 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

When do you know you ready to go from demo to real trading? 61 replies

Trading: A Mind Game 15 replies

When and how do you know you are ready to invest real money? 61 replies

Relaxing the heart and mind while trading 12 replies

Trading is a mind game - by Forex Mind Games 2 replies

Attachments: It's A Heart-Mind Game... Are You Ready?
Exit Attachments

It's A Heart-Mind Game... Are You Ready?

  • #521
  • Edited 5:20am Aug 21, 2012 3:06am | Edited 5:20am
If you're afraid to put your method to the test, how would you know if it's worth anything? Trade it. (Remember what Harrison Ford did to K-19?). It will be very difficult to have the level of confidence that trading requires if you can't trust what you're trading with.

FX4
Trade what you see, not what you think or feel. Let the market come to you.
  • #522
  • Edited 3:00pm Aug 21, 2012 3:10am | Edited 3:00pm
When you have been conditioned to trust (and act on) what you know and you see positive results, trading should (probably will) become easier. Until then it will be agony.

FX4
Trade what you see, not what you think or feel. Let the market come to you.
  • #523
  • Edited 5:21am Aug 21, 2012 3:15am | Edited 5:21am
News and volatility to a long-term trader rarely affects the destination. It just makes for a bumpier ride.

FX4
Trade what you see, not what you think or feel. Let the market come to you.
  • #524
  • Edited 5:21am Aug 21, 2012 3:19am | Edited 5:21am
If you're addicted to losing, stop binging. Start taking small wins and kick the habit: YOU break the cycle .

FX4
Trade what you see, not what you think or feel. Let the market come to you.
  • #525
  • Edited 4:04am Aug 21, 2012 3:26am | Edited 4:04am
You're NOT stupid so stop letting the market play you for a fool. Look for buys (longs) at Support and sells (shorts) at Resistance...then, like your mother taught you when crossing the street, "Look right, then left, then look right again!"

FX4

P.S. No offense intended, just trying to help.
Trade what you see, not what you think or feel. Let the market come to you.
  • #526
  • Edited 5:23am Aug 21, 2012 3:29am | Edited 5:23am
Think like a WINNER! See yourself winning before the games even begin. And remember, it's not about having winning trades as much as it is about banking those profits. If you made money, you won.

FX4
Trade what you see, not what you think or feel. Let the market come to you.
  • #527
  • Aug 21, 2012 3:33am Aug 21, 2012 3:33am
It's time for you to be the winner you know you can be. So, get rid of that loser camouflage will ya .

FX4
Trade what you see, not what you think or feel. Let the market come to you.
  • #528
  • Edited 5:22am Aug 21, 2012 3:49am | Edited 5:22am
After all those months and years of trading and getting beaten up, the time has come for you to give yourself permission to succeed. Give birth to the fighter-winner within you.

FX4
Trade what you see, not what you think or feel. Let the market come to you.
  • #529
  • Aug 21, 2012 3:52am Aug 21, 2012 3:52am
Quoting tetis
waiting here for new lessons
Okay Tetis...a few more for ya ...and for all those who can benefit from them. I was first in line let me tell you. LOL

FX4
Trade what you see, not what you think or feel. Let the market come to you.
  • #530
  • Edited 5:17am Aug 21, 2012 4:15am | Edited 5:17am
...and remember, money is still the name of this game.

Bye for now.

FX4
Trade what you see, not what you think or feel. Let the market come to you.
  • #531
  • Aug 21, 2012 6:19am Aug 21, 2012 6:19am
Do only what you know works...use whatever you have that gives the highest degree of probability of a favourable outcome: and do it over and over and over...

FX4
Trade what you see, not what you think or feel. Let the market come to you.
  • #532
  • Edited 2:22pm Aug 21, 2012 11:22am | Edited 2:22pm
Wishful Thinking is one of the worst kinds of mindsets to have as a trader. I'm sure you can see why.

What's the best? Simon Says...you lead Mr. Simon Market, and I the trader will gladly follow.

FX4
Trade what you see, not what you think or feel. Let the market come to you.
  • #533
  • Aug 21, 2012 3:38pm Aug 21, 2012 3:38pm
Take control of your trading and STAY IN CONTROL.

FX4
Trade what you see, not what you think or feel. Let the market come to you.
  • #534
  • Aug 22, 2012 4:44pm Aug 22, 2012 4:44pm
Self-deception will keep you from a winning trade every time. The "You" in you knows what it is seeing. Don't lie to yourself. Go with it.

FX4
Trade what you see, not what you think or feel. Let the market come to you.
  • #535
  • Aug 24, 2012 5:33am Aug 24, 2012 5:33am
If a trader is not yet consistently profitable, it may not be that they don't know what to do. It could be that they are not doing what they already know to do. How many times have you heard yourself say, "Now w-h-y did I just do that?"

Answer: Heart-mind issues .

FX4
Trade what you see, not what you think or feel. Let the market come to you.
  • #536
  • Aug 24, 2012 8:31am Aug 24, 2012 8:31am
Quoting FX4Newbies
If a trader is not yet consistently profitable, it may not be that they don't know what to do. It could be that they are not doing what they already know to do. How many times have you heard yourself say, "Now w-h-y did I just do that?"

Answer: Heart-mind issues .

FX4
So true...... Can I say that again...... So true.....

Why do punch in an order when the head say....

No a good place / price / time / Not in the plan etc.

My fingers on the keyboard seems not to be related to the head sometime ????

I'm working on my emotions:
- Have to accept to miss opportunity if not in the plan
- Have to accept to quit trading when day loss target reached
- Have to accept to close a trade when target profit reached... Greed cost me money
- ETC.

This week, seems to have been a turning point. I was able to better controlled my emotions. It was not perfect as I had a day where I kept trading when I should not have. But overall, a good week where I gain a better control of myself and that has generated a nice $ profit.

Martin
  • #537
  • Aug 24, 2012 9:13am Aug 24, 2012 9:13am
Quoting arjfca
So true...... Can I say that again...... So true.....

Why do punch in an order when the head say....

No a good place / price / time / Not in the plan etc.

My fingers on the keyboard seems not to be related to the head sometime ????

I'm working on my emotions:
- Have to accept to miss opportunity if not in the plan
- Have to accept to quit trading when day loss target reached
- Have to accept to close a trade when target profit reached... Greed cost me money
- ETC.

This week, seems to have been a turning point. I was able...
Arjfca,

Per you comment...

This week, seems to have been a turning point. I was able to better controlled my emotions. It was not perfect as I had a day where I kept trading when I should not have. But overall, a good week where I gain a better control of myself and that has generated a nice $ profit.

...and that is the whole key to the $$$.

FX4
Trade what you see, not what you think or feel. Let the market come to you.
  • #538
  • Aug 28, 2012 4:20am Aug 28, 2012 4:20am
If you have placed a trade and then see that you are on the wrong side of the track DON'T BE A SITTING DUCK...turn your mind around; TALK ALOUD IF YOU HAVE TO but wake up!!! Profit from what you do see!

Being "wrong" may not be have been good for you when in school. It doesn't feel good and we've been so conditioned not to like it, or look at it in a positive light, but in this business when you see that you are wrong, it is a good thing 'cause it helps you profit from the other side of being wrong...if you can get your mind to let go and turn. The final grade in this exam is about having more money in your account, and consistently so not about always being right. Get the A+ there...in your rising equity curve .

FX4
Trade what you see, not what you think or feel. Let the market come to you.
  • #539
  • Aug 28, 2012 5:02am Aug 28, 2012 5:02am
Learn to learn from your mistakes. That's one way to gain wisdom.

FX4
Trade what you see, not what you think or feel. Let the market come to you.
  • #540
  • Edited 6:31am Aug 30, 2012 5:18am | Edited 6:31am
Here is how the Heart-Mind plays into profitable trading:

A Consistently Profitable Trading Recipe

If you can answer these three questions and get them right every time, and learn to mix the other four ingredients into your trading approach, your profitability should improve:

1. What am I looking for? (a very clear tell per your trading method)

2. Where am I to look for this tell?

3. When should I look for it?

To get them all right, you might (probably will) need to be PATIENT, DISCIPLINED, FOCUSED AND CONCENTRATING. The better the quality of these factors, the better the quality of your trading results/outcome.

If you do get them right, you will need:

4. Courage/Fortitude.

5. Confidence. (in yourself and method)

6. No fear; no greed.

7. No excessive ego. (ability to let the market lead)

Believe in yourself. If you can actually DO what your trading method is "saying" to you WHEN it "says" it to you (and hopefully it's a good one: method and risk management), AND DO IT OVER AND OVER AGAIN, your equity curve should look like this or better.

Here's to a more profitable month in September.

FX4
Attached Image
Trade what you see, not what you think or feel. Let the market come to you.
4 traders viewing now