It’s driving me crazy. I have a method. It works great. Then I start changing it…without fail. Every day. :mad:
I want to stop looking for the Holy Grail and concentrate on money management.
Just thought I’d share my story…:rolleyes:
It’s driving me crazy. I have a method. It works great. Then I start changing it…without fail. Every day. :mad:
I want to stop looking for the Holy Grail and concentrate on money management.
Just thought I’d share my story…:rolleyes:
My advice would be to stop tinkering and focus on money management
gee thanks.
Have you read Trading in the Zone by Mark Douglas. It is a very good read on being disiplined and having the right mindset for trading.
Has helped me in becoming more consistant and sticking to my plan.
I still have the occasional brain explosion and don’t follow my rules. Most of the time it costs me and brings me back to earth.
I think everyone goes through this.
Good luck
Place a baseball bat next to your PC. Every time your mind start tinkering with your method, give your head a whack of a lifetime.
Don’t stop tinkering.
Have two accounts. One where you trade live with the strategy that works for you. And then a demo account where you tinker away.
Click. Click. Tinker. Tinker. Click…
The story of my life…
Flipper, that’s instinct for you. It’ll test things out, cut profits short, let losers run, do all kinds of things. But it’ll learn. You’ve got two choices - either lock it off and instil rigid discipline. That’ll mean your strategy works until it doesn’t, and you’ll get very frustrated.
Or you succumb to it, and let it make mistakes, learn lessons and achieve what you want it to.
I think that people give up too early on their instincts and look to systemise their method instead, when in reality it’s easier to ride out the lessons.