Incentive to pick the better setups? Be more patient? Stick to my rules?
Let's hope so. It's for a good cause, after all :)
Cheers.
Wednesday, November 10, 2010
Tuesday, June 29, 2010
Catching Up
The last few months have been good, consistency becoming more consistent. I'm still battling the psych issues of letting trades run to TP and/or SL but I'm discovering that this is a daily battle, a daily mindset that one must enter every morning, every trade.
A mentor e-mailed me the other day, responding to my end of the week report & comments. I mentioned "still trading scared" in the closing comments. His e-mail questioned my comment and provided some insightful words that I thought I would share...
A little 'zen' for ya: Our Anticipation of being wrong or losing is far worse than actually losing or being wrong...because it keeps us from trying. WALLS are there and we build them to see and test our own self to see "just how bad do we want to move forward" and overcome that wall. If the choice then is to simply 'do or do not'..to climb or tear down that wall or keep bumping into it--which is better?
Perhaps someone else will find this as helpful as I did.
A mentor e-mailed me the other day, responding to my end of the week report & comments. I mentioned "still trading scared" in the closing comments. His e-mail questioned my comment and provided some insightful words that I thought I would share...
A little 'zen' for ya: Our Anticipation of being wrong or losing is far worse than actually losing or being wrong...because it keeps us from trying. WALLS are there and we build them to see and test our own self to see "just how bad do we want to move forward" and overcome that wall. If the choice then is to simply 'do or do not'..to climb or tear down that wall or keep bumping into it--which is better?
Perhaps someone else will find this as helpful as I did.
Sunday, January 31, 2010
Watching for EUR shorts/USD longs
I'm keeping an eye on EUR/USD for the next chance to get short and/or long with USD/CHF. Excellent TL + S&R coming our way.
USD/CHF below

EUR/USD below
USD/CHF below

EUR/USD below
Tuesday, January 26, 2010
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