hi asif ..
I dont why but to trade without emotions is not that easy .. yesterday i went nuts if you remember my entrys were missed by 5 pips...and i missed the hole move down ... besides i would like to ask you if you have the book in e-book version what do you tell yourself to get emotionless...
and where does your name come from?
sincerly
Winny
Hi Winny,
I also have had to learn the very hard way to trade as a professional as i have made all the mistakes that everyone does.
I tried so many systems spent nearly £5000 on education with action to knowledge (In London) but nothing worked as you say the EMOTIONS!! kicked in every time!!! a trade didn't go my way.
I was literally at the end of the road,and in fact i stopped trading for nearly 1 year as was to much stress at that time for me.
But something inside wanted me to continue as i love the concept of trading as to the freedom it can give you done correctly.
I had been following Sives Forum for a long time but didn't believe that this would be true as Sives offers this education for free so cant be any good (human conditioning).
Anyway one day i saw i think may of been Sive mentioning the phycolgy of trading so to be honest as bit of fun!! i decided to look more into this than the system.
I was amazed at what i was learning that trading is nothing to do with anyalis as this just gives you a higher edge thats all!!! and if you learn to play the edge you will make it!!!
As long as you can control the emotions!!! this is a constant check as it will relay force you examine yourself at every pont as from a child your background ethics circumstances all play a role in the way you have been conditioned to which creates your belief system.
This is the secret which you need to re program its not easy even know i have my bas days and if to read and keep my thoughts always positive. If i lose which i do trades to me this is just the cost of doing business as you would do in any other business where you have to buy stock etc for example.
My trading business the stock is cash capital and am making money on probabilities that it!!
I set my risk according to my account size and wait for an opportunity and 2 things happen it works or it doesn't that it! move to next trade as the market is always there!
I after reading started to trade using Sives higher time frames as i am a slightly higher time frame trader,and was amazed how good Sives weekly and daily views on the market are.
He is truly a remarkable man offering us such education for free,as his aim is to make us self sufficient.
Sorry for the long story
hope will help you .My name is from Pakistan as my parents orginate from there i am based in London.
Happy Trading.
Asif