DislikedHello Folks, Do to the last trade I took which put my earnings backwards(3 months profit)I have decided to not fund my account any longer. Which is crazy because I just opened it up Jan 1 and margin twice due to large SL. If I can't sustain the minimum operational cost then what am I doing here in this business. I am not mad. I will accept it if this is what happens. It would sting abit though. I vowed to never get back on the hamster wheel of refunding. I played that game in Forex. So with that said, If the money I have runs out, then I have to...Ignored
"Nobody Is Right All the Time
Realize that it is not required that a man be 100 per
cent right at all times. No baseball batter has ever had a
1000 average. If he is right three times out of ten he is
considered good. The great Babe Ruth, who holds the
record, for the most home runs, also holds the record for
the most strike-outs. It is in the nature of things that we
progress by acting, making mistakes, and correcting
course. A guided torpedo literally arrives at its target by
making a series of mistakes and continually correcting
its course. You cannot correct your course if you are
standing still. You cannot change or correct "nothing."
you must consider the known facts in a situation, imagine
possible consequences of various courses of action, choose
one that seems to offer the best solution—and bet on it.
you can correct your course as you go.
Only "Little Men" Are "Never Wrong"
. Another help in overcoming uncertainty is to realize the
role that self-esteem, and the protection of self-esteem,
play in indecisiveness. Many people are indecisive because
they fear loss of self-esteem if they are proved
wrong. Use self-esteem for yourself, instead of against
yourself, by convincing yourself of this truth: Big men
and big personalities make mistakes and admit them. It
is the little man who is afraid to admit he has been wrong.
"No man ever became great or good except through
many and great mistakes," said Gladstone. "I have
learned more from my mistakes than from my successes,"
said Sir Humphry Davy. "We learn wisdom from failure
much more than from success; we often discover what
will do, by finding out what will not do; and probably he
who never made a mistake never made a discovery."—
Samuel Smiles. "Mr. Edison worked endlessly on a problem,
using the method of elimination. If a person asked
him whether he were discouraged because so many
attempts proved unavailing, he would say, 'No, I am not
discouraged, because every wrong attempt discarded is
another step forward.' "—Mrs. Thomas A. Edison.
I like to share that even though I am in RED this month my confidence in trading is unchanged and my goals have not been altered and my spirit has not been destroyed by family or other circumstances.Trading is much more its your inner self against unknown factors and how you deal with it determines the overall outcome..
I have seen traders gave up after blowing few accounts in 2-3years and never knowing how close they were to succeed.Key in my opinion is not in systems including this but having strong trading and life psychology.This is the reason why share about trading psychology.Its important.
lets have great profitable week ahead!
https://www.forexfactory.com/showthread.php?t=588764&page=399
D labour of a fool wearieth him cos he doesn't know how to enta d city
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