Thread: I cant get rid of my bad trading habits...

Originally Posted by ;

Write down your bad habits on a decal or print them out and put the note next to your display so you'd always see it.

Actually, my wall is empty and white and this would be a good idea to write my bad customs AND to put some screenshots that I publish onto the wall. I think that sounds great, Thank you!

Originally Posted by ;

Are you my twin? quote

Hahahaha I think we have many twins however I realized that the point that I want to discuss it with my fellow traders.

Originally Posted by ;

I think everyone knows that the points of fruion. The way out would be to own: a budget a trading egy that's valid and shows you where your SL and or TP's are going to be. If you cannot achieve your egy your egy needs work. PS your budget is more important than you might imagine! Here's a good example of rising $100 at 10% compounded. image You could see that without a egy, everyday will just be hit and miss.

I might believe that it might be my egy too ... I am going to have to experiment and see if it's my attitude or my egy in general. Points that are good, thank you! And yes, I compound too

Originally Posted by ;

quote I would think that it could be my egy as well ... I will need to experiment and see if it is my attitude or my egy overall. Good points, thank you! And I compound as well

Ray, actually discipline yourself to record daily. Your perception of what you trying to accomplish and are currently doing will change. I guarantee it, or your money back!

Originally Posted by ;

quote Ray, actually discipline yourself to record daily. Your perception of what you trying to accomplish and are doing will change. I guarantee it, or your money back!

Or my money back hahaha. Kind words derekw, thank you. I am starting to make a self reflection, to write things , to stick to a fiscal plan. Since I wish to get rid of these silly habits, I will have a day off and prepare myself. You guys are actually helping. Thinking about punishments I can do to prevent these mistakes. It'll be recorded from now on, daily.

Arrange the habits in order of importance; critical or the main first. Require No. 1 bad dependency first and write out what you'd do to prevent it. Use 1 week to act on which you plan to take care of the No. 1 bad habit. At the end of each day evaluate what progress you have made to stop the habit. After mastering the initial one, take No. 2 lousy dependency and treat it for one one week. Follow the sequence until you have mastered all of the habits that are undesirable. That could be something that you want to work on also if it means you have to change your trading style.

Trade thrive and safe.

KP

Originally Posted by ;

Arrange the bad customs in order of importance; the main or most critical first. Require No. 1 bad habit first and write out everything you'd do to prevent it. Use 1 week to act on what you intend to deal with the No. 1 bad habit. At the end of each day assess what progress you've made to stop the habit. After mastering the initial one, take No. 2 bad habit and deal with it for one week. Until you've mastered all of the bad habits follow the sequence. If it means you need to modify your trading style, that could be something you need to operate...

Hey KP,

A strong thought. I might be overwhelmed by trying to get rid of all bad habits at once but rather, I'll do it one by one. Lovely advice, thank you!!

Originally Posted by ;

quote Or my money back hahaha. Words , thank you. I am already beginning to make a self reflection, to write down items, to follow a rigorous fiscal plan. I'll take a day off and prepare yourself since I wish to eliminate these bad habits that are ridiculous. You guys are actually helping. Also thinking about punishments I will do to avoid these mistakes. It will be listed from today on, daily.

Don't punish yourself Ray. Be strict with yourself!

Look at it like this perhaps. If you begin with $10 and earn $1 you made 10% along with the markets help you compound. Recording how you do this is your very first step in optimizing your egy and disciplines. Took me 10 years to learn this. This really helped me.

Originally Posted by ;

3.) Employing a working and tested egy

Are you absolutely certain regarding the above?

My experience has been that after I fixed the problems in my own trading methodology, all the problems you describe (I endured from them also) disappeared.

My advice is, return and check your methodology/egy.

Originally Posted by ;

quote Are you absolutely certain regarding the above? My experience was that once I fixed the problems in my trading methodology, each of the problems you describe (I suffered from them too) disappeared. My advice is, go back and check your methodology/egy.

I never thought about that two. My account is growing every month but it could be much more if taking profits at the right moment. I often give back 1-4% per commerce unnecessarily due to my bad habits as clarified above .... But you're correct. I will figure it out, working on it.