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What’s your worst trading habit?

Discussion in 'General Forex Talk' started by Rambo35, Aug 8, 2013.

  1. dianajs

    dianajs Private, 1st Class

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    Have you managed to overcome that habit? And if you have, how did you do it?
     
  2. nahiyar

    nahiyar Private, 1st Class

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    Yes it is not a good sign i also face same problem . We should wait for patience,( after quit trading feel if not close then can get this much profit ) Just rely on good analysis and wait for suitable market to get our targets. Some times market goes reverse then come to our side just after it we can gain profit if had courage to loose and patience in trading.
     
  3. CryptoatForex

    CryptoatForex Recruit

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    I HAD loads, hopefully I am getting rid of them.
     
  4. dianajs

    dianajs Private, 1st Class

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    What were they, if you don't mind me asking?
     
  5. CryptoatForex

    CryptoatForex Recruit

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    letting emotion get the better of me
    Watching trades too much
    Having a plan, but getting too caught up with what was going on and changing said plan
    Using too many indicators
     
  6. dianajs

    dianajs Private, 1st Class

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    I have had the same problems in the past, sometimes I still suffer from them. I think most traders share them.
     
  7. CryptoatForex

    CryptoatForex Recruit

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    Yes I think they do.
     
  8. bigdolly

    bigdolly Sergeant Major

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    It's really bad man. Abandoning your plan is like shooting in your own foot. Have you also implemented the principle of N trades? Like making 5 trades in a week, whatever their result is. I also close my monitor after I make 2 losing trades in a day and cease trading till the next day.
     
  9. CryptoatForex

    CryptoatForex Recruit

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    Thanks for the advice, it is appreciated. I am working on it.
     
  10. Etedus12

    Etedus12 Corporal

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    Definitely this is a lack of analysis. I clearly understand that this will not lead me to anything good, but sometimes I just follow trends and disregard to analyze my charts, especially when I’m winning. You know that sense of self-confidence…Still not sure how to deal with that.
     

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