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jpane

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About jpane

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    Level II
  1. I've been using IC Markets Seychelles since the beginning; I'd rather open an account in Seychelles than in Australia. I'm not sure why, but I'm glad I can keep my leverage now. I've never had a bad experience with them.
  2. That will never work in psychology because a system that consistently loses is easily equivalent to a system that consistently wins, even if you deny it consciously. Your mind would have to be in the right frame of mind for this to work. (a) find a system that works nearly perfectly. (b) simply reverse the signals You're probably thinking that it would alleviate the pain and stress you're experiencing while looking for the "impossible dream" (which isnt impossible, but it seems to be). I recommend reading "trading in the zone" for this. It teaches you a new way of thinking: Each trader is analogous to a casino: each has an edge that pays out consistently over time. What exactly is an edge? When the probability of winning exceeds the probability of losing, this is referred to as having an edge. In the case of the trader, you decide what kind of edge you want based on how you perceive the market. But, just like in a casino, you can't predict the outcome of every card hand. As a result, the distribution of winners and losers is random. If you lose and experience pain, it crushes your perception and narrows your focus, making it difficult for you to perceive the market with all of the knowledge you have gained. This causes you to rationalize not entering a trade, taking profits too soon, and making other mistakes that prevent you from objectively testing your edge (objectively = no pain!) So you'll need a way to avoid feeling pain. You can accomplish this by developing a belief system that includes 5 fundamental truths (and the reasons for them) as well as 7 or so reasons why you are a consistent trader. 5 essential truths 1. Anything is possible. 2. You don't have to know what's going to happen next to make money. 3. For a given set of variables, there is a random distribution for an edge between losers and winners. 4. An edge is simply one outcome being more likely than another. 5. Each market moment is distinct. Verifying these five fundamental truths will allow you to begin using them logically and persuasively. Instead of being afraid, you'll say something like, "OK, anything can happen, and I don't need to know what's going to happen next to make money, so I'll place this trade because I am a consistent trader." I haven't listed all seven reasons why someone is a consistent trader, but you get the idea! Of course, you must believe in these truths; otherwise, the emotion will still be generated (Feeeeearrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrr Thank you for reminding me; I had forgotten to pull out my trading in the zone sheet for today's trade.
  3. I just find it so hard to not keep on looking at the chart as price moves. 😓 Thanks for the suggestions.
  4. How do I become emotionless when trading? When I open a trade I keep on stalking the M5 chart. I just feel so anxious when I’m in a trade so I sometimes close it to regain my peace of mind. After closing a trade I feel so drained. There are a lot of times when I don’t enter a trade because of this. 😓
  5. hello, i want to share an unfortunate experience with a trading robot scam, i wanted to put some videos i made to prove my point but for now i can’t post links
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