Recent content by RiskTrouble

I've had some follow-up thoughts on the motivation for my bad behavior... I understand now that my basic fear has been that I will exit a position and miss the opportunity to profit. It seems remarkably simple to me now that I say it aloud, but previously I wasn't able to see it. Even when I...

I think I was tired last evening when I made that post, because somehow I got my numbers mixed up when I was posting those percentages. My average winning trade has actually increased 240 percent (from $87 to $209). Thanks again! Regards, RT

Well, after that desperate post of two weeks ago you will be surprised to hear that I have pretty much solved my problem! I finally decided to try turning off my order book -- I have noticed in the past that I get mesmerized by the price action. I've considered it for a long time, but thought...

It's been eight months since I last updated this thread. I had hoped to return with encouraging news, but that's simply not the reality which I created for myself. In some respects, my trading has gotten much better than when I last visited: I hold onto my winners longer; I have a solid...

It's been a couple of weeks, and things are better. I wish I could say that I have had unqualified success since my last post, but unfortunately I did invite the market to cause me some pain a couple of times. I'm still having trouble pulling the trigger to close out trades that I know are...

That's a great list. Thanks, Grant. 1. I've tried to implement your first suggestion, but how does one do that without loading up on negative imagery? 2. That's in-line with Buddist's suggestion and I will definitely work on it. 3. That's exactly what I'm trying to achieve. I want to...

The short, intermediate and longer-term answers are all me. Ironically, even though I'll sit with these losers like I'm hatching an egg, I don't feel like I have the stomach for longer-term trading; however, I have considered it, as my system is pretty robust and gives good signals on all time...

My internal dialogue is always right on. That's my frustration; I know what I should do and I don't do it. It's like there's one of me standing behind the me who is controlling the mouse -- the one who's standing knows what to do and the one with the mouse has tunnel vision and won't listen...

Hi, Jon. Regarding question 1, I would say that the majority of trades go against me by no more than 2-3 ticks. Trades that go more than 5-6 ticks are probably about 50/50. Your point is well made. As an incremental solution it would be wise to place a stop order that can save me from large...

Regarding your first point, I think that's a big part of the problem; however, your comment about reversing my thinking is exactly what I would like to do. For example, I discovered that my wife and I are motivated differently. She is motivated by the avoidance of unpleasant consequences...

I'm happy with my life. I have a great family and a successful business (apart from trading). Since I work at home I don't leave the house as much as I should, but other than that I'm a balanced person. I am a bit stubborn (not one of my better qualities), but I don't have problems admitting...

Hi. I’ve been trading for about four years. I have a good price-driven model that I use to make short-term trades in various futures markets (primarily crude oil, British pound, FTSE, and mini-Dow). I try to be in and out very quickly picking up 3-10 ticks at a time, and I can consistently...