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MDS37RB

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  • First Name
    David
  • Last Name
    SKerritt
  • Country
    United States

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  1. Hi all: I'm relatively new only having been trading for about 8 months. I learned a price action method for day trading the e-minis a few weeks ago. The problem is when I'm using paper money, I do great and make great decisions on entries and exits. When I switch to real money, it all goes down the tubes and I generally lose money. How do you overcome this mental obstacle? I know what I have to do and do it well when it doesn't count. When it counts I think I'm so fearful of further losses in my account that I don't make the same sound decisions as I do when its just paper money. I think I have psyched myself out. Another problem I'm having is if I have a losing trade, I am frequently too anxious to get back in with another trade to get the poor trade "behind me" that I don't have the discipline to wait for another good set up, even though it may be hours away. Thanks! David Skerritt Clearwater, FL
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