Recent content by shadowninja

Thanks. I never went, I just went quiet. :)

If you're doing it wrong. Meditation is improving your self-discipline. You can focus on X and stop letting Y bother you.

Yep. It's why I practice meditation.

What is going on in your head when discipline goes out the window? You need to address this because the best system in the world is going to fail if you can't stick to it.

Good posts although I like to make things simple. If you can control your thoughts and emotions, you won't be prone to the above behaviours.

Thanks for the questions. 1) When you're not in the moment, your mind is likely to be thinking of the losses you made or the fact that you're way under today's target or you're over today's target; any of these thoughts can cause you to take risks. So by being in the moment you only focus on...

Definitely. The problem is, when you're angry or stressed, you often don't realise it.

The benefits for traders: -killing negative thoughts -focusing on the present moment -noticing you're having thoughts -controlling the mind -chilling out One of the problems with just being aware of the discipline side of trading is that it's easy enough to read the advice but hard to implement...

I might have lied and be actually based in SW London.

Try 2 minutes a day, then. :)

Yeah, otherwise I have a business idea... :D

Yep. I always think, "Anything can happen." But usually I'm thinking my PC crashes and I can't get back on in time not the broker goes pop. :D

What annoys me about this is that someone else lost my money. I don't mind losing through my own stupidity but I keep leverage low so only lost about £170. PS Hello. :D PPS I thought the bookie always wins?

I don't use that service properly, sorry. I know what you mean, though.

I get the sense of what you mean. :) You're right about backtesting. After backtesting, you then need to forward test - not being able to see any data to the right of the current price changes things a lot! You may find this useful: Chartgame.com - The time-lapse stock trading game