Second Guessing

trigger · Oct 13, 2008

Hi All
Have any of you guys and gals found that when you second guess a trade setup/exit it tends to go t#ts up!?
Those trades that i make based on my modest skills and executed from gut belief work out well... as soon as i try and overthink the trade then execute it, it goes awry, or is lacklustre to say the least.

Be Well

Steve

FXSCALPER2 · Oct 13, 2008

trigger said:
Hi All
Have any of you guys and gals found that when you second guess a trade setup/exit it tends to go t#ts up!?
Those trades that i make based on my modest skills and executed from gut belief work out well... as soon as i try and overthink the trade then execute it, it goes awry, or is lacklustre to say the least.

Be Well

Steve

That is basically why trading is hard for most people. We know much less than we would like to think. If you pull the trigger, don't cut your profits short all the time and don't run your losses, you will make it. It is as simple as that.

trigger · Oct 13, 2008

FXSCALPER2 said:
That is basically why trading is hard for most people. We know much less than we would like to think. If you pull the trigger, don't cut your profits short all the time and don't run your losses, you will make it. It is as simple as that.

Thankfully its a rarity now for me, though when that 'human' instinct does kick in, i watch the trade go awry and only then realise that i dropped my guard and let those idiosyncracies of overthinking trash the trade setup

Be Well

Steve

Second Guessing

trigger

Active member

FXSCALPER2

Established member

trigger

Active member

Similar threads