How can one tolerate losses, or a life of waiting for profits? - page 2
You are missing trading opportunities:
- Free trading apps
- Over 8,000 signals for copying
- Economic news for exploring financial markets
Registration
Log in
You agree to website policy and terms of use
If you do not have an account, please register
Actually, the question is: how can one sit and wait for profits while trading in the trend and losing systematically in the flat? For example, I have a couple of profitable waves, and the rest of the time I am broke - what thoughts or self-adjustments, except blind faith, should help me not to worry when looking at trading results? When you trade against the trend, you get depressed once a year when you lose, but here every day you get a bite of....
Please share your thoughts on this topic.
And I've long since come to terms with it... I'm just draining slowly, "at the speed of the spread" - that's all...
I just think that trading is not for me. I don't have enough ideas, I'm not paying enough attention to it, I'm not observant and persistent enough. I see it simply as an interesting task - without any expectation of profit. Sort of like proving Fermat's Grand Theorem.
Losses can be tolerated - if one considers that more losses lie ahead .
I am psychologically uncomfortable with losing streaks - I get anxious and disappointed in myself. Now I trade with my hands, and every trade at a loss gets me down - I'm looking for new ideas for trend trading. Especially annoying are stops - I look at the history and realize that without them I would not have lost a third of my deposit in a couple of days - emotions - inadequate behaviour...
Maybe the problem is not to trade in kitchens that play with stops as they please? For a start you need to compare quotes with market data, maybe the trading itself wasn't the problem...
Maybe the problem is not to trade in kitchens that play with stops as they please? For a start you have to compare quotes with market data, maybe the trading itself wasn't the problem...
I put up with it a long time ago... I'm just taking it slowly, "at the speed of the spread" - that's all...
I just think that trading is not for me. I don't have enough ideas, I don't pay enough attention to it, I'm not observant and persistent enough. I see it simply as an interesting task - without any expectation of profit. Sort of like proving Fermat's Grand Theorem.
Well, then again. I totally agree with you, the market always makes you think. A kind of trainer for the brain. That's why I like it.) The profit is secondary. It's not important. It's precisely at such moments that it comes, when you don't think about it.
I've been at peace with it for a while now... I've been losing slowly, "at the speed of the spread" -...
Good afternoon! Thanks for the very interesting thoughts out loud!
I think that if you put all the considerations expressed into a trading system, you could end up with a very interesting thing!
I put up with it a long time ago... I've been losing slowly, "at the speed of the spread" - that's all...
I just think that trading is not for me. I don't have enough ideas, I'm not paying enough attention to it, I'm not observant and persistent enough. I see it simply as an interesting task - without any expectation of profit. Sort of like proving Fermat's Grand Theorem.
Probably you're right - hand trading is probably not for me - the uncertainty is tense - I'm losing confidence in the future...
If drawdown at spread rate is half the trouble, but if the drawdown reaches 30%, as it is with me now, then I just estimate how much time I would need to trade with minimal lot (5 years for a good deal) .... and generally starting to wonder if it's even necessary.
As a hobby it's interesting - yes, but when it's your only source of income, and you work as a trader from 10 to 23 every day... A year has gone by and I haven't seen it.
Losses can be tolerated - if one considers that more losses lie ahead .
What is the point of putting up with them then? Why can't you stop?
Maybe the problem is not to trade in kitchens that play with stops as they please? For a start you need to compare quotes with market data, maybe the trade itself wasn't the problem...
My DC is trading a counter-trend - without stops, although the TS also provides for breakeven fixing, but I haven't done enough research in this direction - I'm working more on profit taking.
I trade on Moex, i.e. on real quotes. The thing is different - I saw a potential flat on 15-minute (counter-trend experience), but there was a strong movement on the minute that destroyed my plans of price movement - I fixed loss on the last candle - after it there was a reversal and I could decrease loss by 75%, and I had profit the day after... I had pure emotion here - I made a decision whether to take all or 20%, in the end the fear won me over.
I was not afraid to plummet before - I limited my risk for a year to a certain percentage of income, but now the situation has changed - there is no other income - that is the result of fatalism.
I am writing so that people will take my experience into account when making meaningful life-changing decisions, I guess.