I'm sorry you don't understand what I'm saying. Most of what you post agrees with what I just got through saying.

Psychology is nothing

I still take stupid trades, because I'm not a good trader. If it's not a good trade, it means I missed something. That is happening less often. Don't take it for granted that any idiot can read a chart. There's a lot of information there. I still ...

Psychology is nothing

You can only have discipline ONLY if you KNOW what to do! When you KNOW, and then DO it without hesitation and without think-think-think no, yes, maybe, hmmm.... Then that is discipline. Until you have knowledge, and rules to follow, the only ...

Psychology is nothing

The 95% is just one more thing that lots of people say. Never seen it verified. Here is an excellent writeup with more info. url I would believe that 90 - 95% of accounts get blown, but there is probably no way to track how many of those people ...

Psychology is nothing

I agree. My point is, when you gain certainty, you'll have control over the feelings. Some people think that if you just control the feelings, you'll be a good trader. Not so. You have to know how to trade. Even having a good system is not enough. ...

Psychology is nothing

Oh, I see now. Because you have 4 profitable trades, that proves that your opinion is correct and what I say is "nonsense." I think you missed the point entirely.

Psychology is nothing

Yes, me too, bro. I've been at it one year full-time, and I'm now at the point where I feel I am able to learn and really know. Before this, it was mostly confusion, and I've been pretty tired of people saying it was just in my head, when there is ...

Psychology is nothing

Thank you. I thought about changing it to "Knowing is Everything", but I think I'll just leave it like this. I'll get a lot more hits this way (snicker). I'm still one of those that doesn't know what to do most of the time, BUT, there is another ...

Psychology is nothing

Maybe you missed the line: You can't know everything, but you can know what to do. If not knowing is making you money, then, by all means, continue not knowing. The point is not mass psychology of the general market, the point is personal ...

Psychology is nothing

So you would say that knowing how to trade is nothing, psychology is everything? I'm sure you would have more people agree with you than with me. At least 95% agree with you, I'm sure! (touche!)

Psychology is nothing

Requotes — The other day I went to click out of a trade, and got a requote. I quickly clicked again without checking what I was doing, and the trade closed. When I checked history to log the trade, I saw that I got 1 pip less than I meant to. ...

Psychology is nothing

Cutting your losses short needs to be done with risk/reward in perspective. I've been trading a 5 t/p, 20 s/l system on the 5 and 15M for a week or so, which is great fun when you're hitting a lot, but a few losses in a row add up pretty fast. ...

Transition from Losing to Winning

The chart shows 1 pip but there are smaller movement increments. Oanda calls them "pipettes". Some brokers have 0.5 pip spreads at times, and at times it shows as 0 spread. Might actually be 0, I don't know. Interactive Brokers is this way, but ...

Real Scalping, Impossible?

Thank you, Twoblink. This is truly a wonderful work, a collection of absolutely vital truths. Thank you!

How to Get Anything You Want (free ebook)

Maybe you guys are right. It's all in my head. You MUST be right. I'm either on the verge of a breakthrough, or going off the deep end, and at this point I really don't care which. It can't get any worse. Maybe trading is ALL mental, 100.000%. Maybe ...

Transition from Losing to Winning

Anyway, I'm very happy today. I took a pinbar trade and made a profit. I have that now, in my bag of tricks! It's mine forever. I took two other trades, and made a mistake. It was something I read about last night. I knew when I read it that I'd ...

Transition from Losing to Winning

There's a difference, and that's exactly my point. Breaking a bad habit of doing things the wrong way is in the area of TECHNIQUE. It's a technical issue, not a matter of attitude. You're not going to learn the right way to trade PURELY by being ...

Transition from Losing to Winning

Truly awesome, and very encouraging and inspirational! Keep pippin', Scot!

james16 Chart Thread

Well, it was worth 22 at one point, but I did the deer in the headlights until it got to 5 and clicked out. Had my t/p down near the 840 support, looking for 30 pips. But, hey, 5 pips is 5 pips. I'll take all of those I can get, until I get better ...

james16 Chart Thread