I couldn't find a section related to psychological questions, so I'm posting it in here as it's an important part of trading itself.
(But move this to a different section if I judged it the wrong way).
Let's get to the point:
I've been educating myself for 4 years now to hopefully get to a point where I can profitably execute trades (not aiming to become a trader per se).
In this process I've been re-(reading) lots of threads that made sense to me and slowly finetuning this into a strategy that I think would work for me.
To guide me towards setups I'm looking for, I've also been developing indicators/EAs.
...
But now I struggle to go the next step: executing those trades. (on demo, not even talking real money)
I find myself to be stuck in the analysing/preparing/... phase where I'm building yet another EA, changing my desired TFs where I want to trade in (the 1D/4H, 30m/5m, ...)
Do I lack discipline, am I afraid to find out my strategy isn't profitable (yet),... I really don't know
So my question is:
Does this sound familiar to others (and have overcome this)?
What did you do to overcome this?
Is there material out there that can help me getting the mindset right to take the leap and trigger those trades?
...
Looking forward to any input!
Krisch
(But move this to a different section if I judged it the wrong way).
Let's get to the point:
I've been educating myself for 4 years now to hopefully get to a point where I can profitably execute trades (not aiming to become a trader per se).
In this process I've been re-(reading) lots of threads that made sense to me and slowly finetuning this into a strategy that I think would work for me.
To guide me towards setups I'm looking for, I've also been developing indicators/EAs.
...
But now I struggle to go the next step: executing those trades. (on demo, not even talking real money)
I find myself to be stuck in the analysing/preparing/... phase where I'm building yet another EA, changing my desired TFs where I want to trade in (the 1D/4H, 30m/5m, ...)
Do I lack discipline, am I afraid to find out my strategy isn't profitable (yet),... I really don't know
So my question is:
Does this sound familiar to others (and have overcome this)?
What did you do to overcome this?
Is there material out there that can help me getting the mindset right to take the leap and trigger those trades?
...
Looking forward to any input!
Krisch