I have answered questions people have asked about how much reading is too much reading. I personally have a problem when it comes to reading certain things. I will bring up my charts, do my homework, and make a decision either to make a trade or sit on the side. At this point, I feel very confident (not always but usually). Then comes the hard part. I will come on Forex Factory, and come to a thread that talks about a certain currency pair and how this could happen or that could happen. Most of the time I can ignore what I read and stick to my decision because I am confident about what I see in the charts. But, there happens to be something I read that makes me change my mind sometimes. I will close a trade I took based on what I read or jump in a trade because of something I read. Then, the trade I got out of goes in my direction and I get upset. If only I didn't read whatever I read to make me change my mind.
Is there anyone else that this happens to or has happened to and they have overcome that? I ask myself, why would I change my mind based on something someone wrote that I have never met and how can I trust that person. I have know myself my whole life and am confident in my decisions that I make.
How does a person overcome it? Is it just a thing I have to get the right mindset to stick to my guns? Is that all there is to it or do I just stop reading posts about things like that?
I have missed out and lost alot of pips because of this and I would sure like to change this part of my trading habits. Any help would be greatly appreciated.
Is there anyone else that this happens to or has happened to and they have overcome that? I ask myself, why would I change my mind based on something someone wrote that I have never met and how can I trust that person. I have know myself my whole life and am confident in my decisions that I make.
How does a person overcome it? Is it just a thing I have to get the right mindset to stick to my guns? Is that all there is to it or do I just stop reading posts about things like that?
I have missed out and lost alot of pips because of this and I would sure like to change this part of my trading habits. Any help would be greatly appreciated.
JOHN 3:16