Bye Bye trading & T2W :-)

[Captain Currency]

Trading, A hard way to make an easy living....


Good Luck Black Bear.

 

[Crap Buddist]

Andy , all the best mate, the market will still be there when your ready to ease into the longer term strat . You can condition yourself to it if you want it buddy....

Rock on..

 

[nine]

Cheers buddy,

Tracking the identities has been fun. Have Summer off and think about coming back end of day for swings next Winter. I reckon you've built the skills you need and you just need to discover how pleasant it is to check the trade once a day or maybe 4 hourly.

Take care and have fun

 

[firewalker99]

Very much surprised to read this... didn't quite see it coming from you pinkpig/blackbear/andy/...

Especially since I got the message you got your first 100 point winner in the bag, I was quite pleased for you. All the more the surprise. :-0

I can only echo Lee's posted really. You must do what suits you well. But don't run away from emotions and don't think you need to keep your emotions "in check". It's not about trading without emotion, it's about mastering those emotions, not eliminating them.

Good luck in whatever you choose to do...

 

[rags2riches]

I applaud your efforts and honesty BlackBear :clap:

In 6 months time I will know whether I too have to give up intraday trading.....

Best wishes for whatever you choose to do from now on.

 

[black bear]

Thanks .......Everyone of you

If I read the above right we have a situation of a person who has a technical method of making money and a personality unable to exploit it. The latter can be fixed subject to motivation. The basic problem is BB you care too much about the money and the threat of loss is magnified out of proportion to what it is. That's your core problem and you could fix that IF you really wanted to.
Quite topical really.
The latest trend in medicine - virtual reality - Times Online

The key statement in there is “The gold-standard treatment for people with phobias (exagerated threat of monetary loss in this case) is exposure, which is, basically, facing your fears.".
Not suggesting you get wired up or similar ,but you can fix this by working on coping strategies IF you really wanted to. No one daytrading on a small position size with a winning method should really have a legitimate concern of monetary loss. It's just an exagerated sense of what that loss really is .In other words it's been magnified and it's out of touch with reality. It can be fixed.

LOL...get your 10K account from the bank in £1 coins and pile it at the side of your screen ...take your position size x your accepted risk and pile that at the other side of the screen..if the scale of difference between the two doesn't help..take an equivalent amount and call an escort agency to send round a little helper to preoccupy you whilst your trade is running ..no one said coping strategies can't be fun.

Andy , all the best mate, the market will still be there when your ready to ease into the longer term strat . You can condition yourself to it if you want it buddy....

Rock on..

Cheers buddy,

Tracking the identities has been fun. Have Summer off and think about coming back end of day for swings next Winter. I reckon you've built the skills you need and you just need to discover how pleasant it is to check the trade once a day or maybe 4 hourly.

Take care and have fun

Very much surprised to read this... didn't quite see it coming from you pinkpig/blackbear/andy/...

Especially since I got the message you got your first 100 point winner in the bag, I was quite pleased for you. All the more the surprise. :-0

I can only echo Lee's posted really. You must do what suits you well. But don't run away from emotions and don't think you need to keep your emotions "in check". It's not about trading without emotion, it's about mastering those emotions, not eliminating them.

Good luck in whatever you choose to do...

Hi all

Thanks

Always been up and down kind of a chap the effort to control my emotions as been a life long thing really............part of me I guess



Without going into great detail Emotional choices I have made have driven me to places many would not have gone, or done things many would not have considered. Nothing out of this world............Just life choices at important turns.

When Forced to choose

Always choose the difficult path every time, Stopping trading at this time is the most dificult choice, results are good really and I can live on the proceeds.....

Just about

"I can only echo Lee's posted really. You must do what suits you well. But don't run away from emotions and don't think you need to keep your emotions "in check". It's not about trading without emotion, it's about mastering those emotions, not eliminating them."

Fw

I agree with this written post of yours and others who say the same

This one is real deep inside FW, I made an error in my youth and it was very expensive

COST = Highest amount an error can cost anybody imho

The mistake I made was the mistake any youth could make and I have over time come to except the error for what it was.

The error was caused by a reckless attitude and action in an inappropriate environment. I was considered by many as possessing above average skill levels in the activity I was taking part in at the time.

The 100 pt winner was very nice for a small move trader, still wish I had taken 56 at Small S and re-entered for another 75 ......... at big S


Chump

Thanks for that post of yours, very appreciated.


Trading

I would say some 99 % of the time I am in full control of my emotions .............ME I can overrule negative .......most things in life


I am a very driven person in any activity and always like to give my best in the moment, on the day ......The right here The right in your F..ckin Face moment


I will do anything given the right trigger / input and have proved to myself even after all these years

I am still the same man and just as capable of acting in a reckless way, Lady Luck protected me on two occasions in the last six months.

Even the April Fools day nana head trades were at an appropriate time. I lost money already won in a reckless way, proved I could trade as per normal the very next day. I proved something to myself and the market taught me two things................

1. I am still the same man and just as capable of acting in a reckless way. Today that would mean damage to my family and that is a Risk I will pass on because ...


"3. I completely accept the risk or I am willing to let go of the [hand]."

2. I am far better than I thought I was and capable of far more self control than I ever thought possible. I generally think clear and can follow a plan under a reasonable amount of pressure

I am not going to hang around to try my Luck a third time when I no what the problem is



ME ! ................................



I will act with Authority on the information I have gathered over the last six months and stop trading before the reckless bit in me blows my life apart.

It will because I am always prepared to do anything when my backs against the Wall, I always suspected it. If I continue to trade it will only be a matter of time before the market tests my resolve and I suspect if it comes to it I will ultimately act as my birth genes dictates I should act in such moments. Think its just the old fight or flight thing really but the action is automatic and control or control with thought is just not there and under those circumstances your instinct better be right every F..ckin time !! imho anyway :!:

I KNOW IT FOR AN ABSOLUTE FACT today 18 th May 2008

I really have enjoyed the journey, I will never say never again because

I can not see ..........................Bye Bye all and thanks

I want a proper rest

Latter All............winter perhaps



Andy

 

[black bear]

YouTube - ABBA - 1976 Knowing Me, Knowing You

Bye Bye

Andy

 

[barjon]

thread now closed at andy's request