Dear Julia,
I never think to stop trading unless I can't trade anymore. After three years of trading with negative result, I can't believe I am still doing it. What drive me keep trading because never in my life I have things that I liked to do to the fullest. But liking with talents not always in the same line.
The reason I want to trade it's I want to help people, in trading of course. I really want to help but instead, I am the one who need help. I remembered when I have good few months in trading, I made very encouraging and positive post all over the place. Like embrace the losses, keep discipline, etc. I know you also like to help people. But maybe the purpose for helping people is to satisified my ego needs to become important. But never in my life, I am happy when other people suffer. But I am happy if others doin' good or fine.
About stop losses, I will contact you later but since our trading style is different, I am not hoping too much. Thanks for writing me this long. Appreciate it so much.
Dear Jules,
You are indeed a very good person. And all your writing really touch me a lot. You're right about me. I already cut my trading time only at US session. And all the free time, I did useless things. Whether it's still related to trading or just surfing around aimlessly. One of things I really want is having a good proportional body. I am slightly overweight now lol. Too lazy to go to gym, or maybe don't want to see other people cause of my miserable background.
I place the trade to number one priority because I want to give happiness to all the people I loved. My parents, my so, my families, my friends, including all the blogger out here, everyone. Placing trading as number one priority in life is not good. It's just business. Really, I always want if I made consistent in trading, I will reduce the activity to the minimum.
As you suggest, I'll do other activity to balance my life. Thanks, it's really enlightening me. Do something for nothing, that's something I lacked of. How do you know a lot about me :) ?
Honestly, I really disliked to get sympathy from other. I want to be the one who help people, not otherwise. But my condition now actually really need help. So thanks for the all the help you give me. I really wish I can pay your good deed later.
Hi FX,
Wednesday trade, if I was in my best condition to trade, I'll still take the same losses. I did very mechanical trade. Sometimes the difference between win and lose is only one trade difference. Now the only thing encourage me is, I have good confidence that I can recover from this losses. Not a revenge trading. Simply a discipline trade will cover my losses one or two days. Why? Because I learnt everytime I made loss, I'll figure it out what's the problem? Is it my lame execution? My undiscipline trade? Or my lousy system. Wednesday is just my lousy system, so I think nothing wrong with me. Looking to improve my system. The only improvement now is make a fewer and more fewer trade. Until even I losed all my trades that day, I'll be okay. On my way to it.
I'll write the emotion. U're right cause I can't write my personal life to the blog. It's embarrasing though nobody knows me in person. Thanks for the advice. I'll do it.
Now, at my state, I have no rights to give advice to you. If you don't like it, it'll be fine. I think you taking profit too early in your trading. Since you used Oanda, why not letting one or two small lots to move far beyond your imagination?100 pips?200pips? I can't do it in oil since I already trade one contract. If you trade one, now trade 4 with same size of capital. I rhink you already know it cause it's in Mark Douglas book.
Hi Cory,
Thank you for the chart but I really don't know what you mean..
Summary:
Thank you for all the advice and attention. Losing is really never a good thing, especially if the losses or profit become the number one priorty in my life. So one thing I'll do is...the hell with losing. I mean it's not like losing forever. It's become like gambling but...you know what I mean.
The system worked. Only it need a little improvement here and there. And today, I am ready to rumble again. Worst thing can happen? Losing another $500, lol. Best thing can happen? Never know for sure.
You are right De'Trader, it's something I should do and wish to do but I'm struggling at riding winners.
ReplyDeleteI understand you, its quite complicated be trading and losing, that makes you depress, I know because I been there before.
ReplyDeleteI like the idea of help people as well, because that I did my blog. I even thought in make like a webinar and be talking of subject that people that read my blog maybe like, but not so sure about it.
FX,
ReplyDeleteU can do it. Using Oanda is easy. Spare little lot for the ride. Maybe $0,5 per pips? Or even $0,1? The simple way is put ur SL and PT and leave the screen.
Julia,
ReplyDeleteI know maybe it's your karma. Helping people brings money to you. Webinar is great idea. Tell me if you want to do it so I can sign up :)