Hi guys,
I just needed to talk to someone, I feel so desperate because I am doing the same mistakes over and over. I just need someone to give me advice on what to do to combat this. I've had ups and downs in my account and I feel really frustrated. I do not want you to read a long story, so I'll shorten it in a few lines, please if you experienced this before, or know how to get over it, please please give me advice. I'm really going mad cause of this.
- I find myself many times closing profitable trades before they reach the target I planned ( And in over 90% of cases the target is reached ) when I close only 10% or 20% of my target cause I fear that the position will reverse on me.
- In many events I open a position which I am quite sure about, and it shoots against me then I close it in loss but it then returns to my planned target.
- Why do I feel that the trades I stay in for longer time give me hard time and bigger drawdown, and the trades I close turn to be the most profitable?!
- Can this happen constantly by chance every time? Is it my bad habit?
- Just thinking that I could have made 1000% of what I made by trading logical and leaving my targets makes me go mad. How do I beat this feeling?
- Today for example, the crude was exhausted on the downside, so I bought a bit early, it went against me by 80 cent or so, then I bought again, it didn't move I closed a big loss then it shoots up. Is that also my bad habit? Why the market won't go in my way until I close my positions. It happens more often to me, I mean this is like 80% of my trades are like that, why? Could I be just a bit unlucky? am I impatient? What can I do to get over this dilemma please?
Is trading really not for me? But almost every trade I pick (It's not holy grail) but yes over 95% work to the targets I planned. So why this happens? I'm losing cause of my mentality only. I close too early, or take lose while it's a profit trade (just need time)
Please if you have any advise for me to beat my mental problems with trading I NEED to hear them. I am really fed up and can't believe I've lost money due to my fear only and not because the trades were bad picks.
Thanks everyone for listening to me.
I just needed to talk to someone, I feel so desperate because I am doing the same mistakes over and over. I just need someone to give me advice on what to do to combat this. I've had ups and downs in my account and I feel really frustrated. I do not want you to read a long story, so I'll shorten it in a few lines, please if you experienced this before, or know how to get over it, please please give me advice. I'm really going mad cause of this.
- I find myself many times closing profitable trades before they reach the target I planned ( And in over 90% of cases the target is reached ) when I close only 10% or 20% of my target cause I fear that the position will reverse on me.
- In many events I open a position which I am quite sure about, and it shoots against me then I close it in loss but it then returns to my planned target.
- Why do I feel that the trades I stay in for longer time give me hard time and bigger drawdown, and the trades I close turn to be the most profitable?!
- Can this happen constantly by chance every time? Is it my bad habit?
- Just thinking that I could have made 1000% of what I made by trading logical and leaving my targets makes me go mad. How do I beat this feeling?
- Today for example, the crude was exhausted on the downside, so I bought a bit early, it went against me by 80 cent or so, then I bought again, it didn't move I closed a big loss then it shoots up. Is that also my bad habit? Why the market won't go in my way until I close my positions. It happens more often to me, I mean this is like 80% of my trades are like that, why? Could I be just a bit unlucky? am I impatient? What can I do to get over this dilemma please?
Is trading really not for me? But almost every trade I pick (It's not holy grail) but yes over 95% work to the targets I planned. So why this happens? I'm losing cause of my mentality only. I close too early, or take lose while it's a profit trade (just need time)
Please if you have any advise for me to beat my mental problems with trading I NEED to hear them. I am really fed up and can't believe I've lost money due to my fear only and not because the trades were bad picks.
Thanks everyone for listening to me.