| Trading Psychology How do we learn to conquer our fear and greed? Discuss the mental aspects of the game. |
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| | #1 | ||
![]() | I took the week off - feel lost Now I feel a bit lost, like I lost my motivation and "edge". I know that taking some time off to clear your head is a good thing, it's in my trading plan. But do any of you have any suggestions on how I can jump full swing back into things? | ||
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| | #2 | ||
| Re: I took the week off - feel lost I hear you completely. What I like to do when I feel totally out of sync with the market is to spend 2-3 days taking notes and observing instead of trading. This helps me get back on track. For me the most important thing is to be in harmony with the market. This means understanding the language of the markets, seeing all important levels, and having a clear view of the short term profile of the market. If I can not develop a solid trading plan for the following day, I usually note in my journal "apply a conservative strategy by waiting for a developing profile".
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| | #3 | ||
![]() | Re: I took the week off - feel lost
__________________ "Today is not my day, but it'll be my week." | ||
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| | #4 | ||
![]() | Re: I took the week off - feel lost My solution is to pull out a bunch of different time frame charts I have printed out and start noting different aspects of them. About a half an hour of this on a Sunday night has me ready to go and focused on Monday morning. | ||
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| | #5 | ||
![]() | Re: I took the week off - feel lost
__________________ you must enjoy trading... otherwise you shouldnt trade... | ||
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| | #6 | ||
![]() | Re: I took the week off - feel lost ![]() I say get back on the horse Monday morning and do your job. If trading was a 'job' that someone else was paying you to do, you could not sit on your hands all week b/c you are 'lost'. In all seriousness, it just sounds like an excuse to not trade and/or laying the groundwork for any possible losses next week on something other than you. Sorry if that's not as sugar coated as other replies here, but if you are running a serious business, then there's no question what you do Monday morning. If this a casual hobby for you, take the rest of the week, month or year off then! | ||
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| | #7 | ||
![]() | Re: I took the week off - feel lost Quote:
![]() I'm going to start reading some books and looking over charts tonight and tomorrow so I can get back in the swing of things. If it doesn't work, well then lesson learned. | ||
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| | #8 | ||
![]() | Re: I took the week off - feel lost You should be trading at least 180 of those days. If school kids in North America can stay in class for 180 days, you ought to be able to trade the same amount of time yourself. Just my two ticks' worth.... | ||
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