How do you learn to trust yourself in trading? | Page 7 | Metals Mine

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How do you learn to trust yourself in trading?

  • #121
  • Nov 1, 2019 3:45pm Nov 1, 2019 3:45pm
Increase the percentage of profitable trades as much as possible, it will make your life much easier. Doubts are inversely proportional to your win rate.
  • #122
  • Nov 2, 2019 11:09am Nov 2, 2019 11:09am
Quoting SurfsUp
{quote} So true Harry! Gotta keep your eyes open and mind clear to not let the past clutter the path to the future. The resistance within us all can blind us to the opportunities. With trading, you can rely on what has happened before, but you have to look at how the landscape is unfolding in the present moment. {image}
Well SURFS-still going-UP, I like this line

the landscape is unfolding in the present moment


See more of this in my own thread.

Indeed to follow the thread of the internal movements in our body, mind spirit in the ever eternal unfolding NOW
A new consciousness for Humanity?
Being now: Are WE a Holy Grail? Return Today: na
  • #123
  • Edited 2:16pm Nov 2, 2019 1:45pm | Edited 2:16pm
I have read the first page of this thread only, and maybe all that has to be said has been said. I do know that there are many articles and books devoted to trader cognitive psychology.

I recently watched something on Australian TV - it is a kinda science program, without being too geeky. This episode was by a particularly delicious presenter who knows a few things about maths, so I dunno why I haven't ever got to know her a whole lot better...I digress.

Its all about *risk*. I thought I knew it pretty much inside out, all of its facets, nuances and levels, but nevertheless I found myself scribbling down some things that were articulated in a manner I hadn't considered. Respect.

This is the link to the episode should you wanna watch a bit of eye candy. There is also the transcript to click on if you can't understand the normal Aussie accent (although, being a presenter, she is more articulate than average).

https://www.abc.net.au/catalyst/s20-...sk-it/11564488
  • #124
  • Nov 4, 2019 3:21pm Nov 4, 2019 3:21pm
Quoting Harry6
{quote} Well SURFS-still going-UP, I like this line the landscape is unfolding in the present moment See more of this in my own thread. Indeed to follow the thread of the internal movements in our body, mind spirit in the ever eternal unfolding NOW
Thanks Harry. I like that you like the line........LOL. Bottom line....be present. Stay in the moment. Eckhart Tolle would be proud!
If in doubt, paddle out!
  • #125
  • Nov 5, 2019 8:07am Nov 5, 2019 8:07am
Quoting SurfsUp
{quote} Thanks Harry. I like that you like the line........LOL. Bottom line....be present. Stay in the moment. Eckhart Tolle would be proud!
A new consciousness for Humanity?
Being now: Are WE a Holy Grail? Return Today: na
  • #126
  • Nov 6, 2019 11:39am Nov 6, 2019 11:39am
the newcomers' biggest mistake is not asking questions.
  • #127
  • Nov 6, 2019 11:44am Nov 6, 2019 11:44am
there is a lot to learn from others on this forum.
if you ask!
  • #128
  • Nov 6, 2019 11:44am Nov 6, 2019 11:44am
You don't have to trust yourself to trade, you have to trust your system, your strategy.
Don't waste time thinking, just see the charts and take action.
  • #129
  • Nov 6, 2019 11:51am Nov 6, 2019 11:51am
just trying to help beginners like you.
  • #130
  • Nov 6, 2019 11:57am Nov 6, 2019 11:57am
Quoting tiborf71
the newcomers' biggest mistake is not asking questions.
Can't agree more tiborf71
If in doubt, paddle out!
  • #131
  • Nov 6, 2019 12:04pm Nov 6, 2019 12:04pm
Quoting eleufski
You don't have to trust yourself to trade, you have to trust your system, your strategy. Don't waste time thinking, just see the charts and take action.
then everyone will learn at their own expense.
it will be the best.
be green
  • #132
  • Nov 7, 2019 4:02am Nov 7, 2019 4:02am
you get to trust yourself over time. no beginner can do it in the beginning itself. once you know how the system works and know how to play with time frames, candles and indicators, you'll know whether you are right or wrong. it's all about how much knowledge you have gained.
  • #133
  • Nov 7, 2019 8:24am Nov 7, 2019 8:24am
.......this thread keeps popping, dammit!...........

Well, there is only one way and one way only! Jack here will show ya!
Goosfraba!
...................
No?
Again.
Gooooooooooooooshfrabaaa!
....................
Keep it on, keep it on... trust will come, ...trust me!
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  • #134
  • Nov 13, 2019 8:43am Nov 13, 2019 8:43am
the learning process takes a long time because there is a lot of false information on the internet.
and need some level of experience to correctly interpret them.
  • #135
  • Nov 13, 2019 8:53am Nov 13, 2019 8:53am
the most important lesson is that you should not believe anyone, because almost everyone polishes their own ego.
  • #136
  • Nov 13, 2019 9:10am Nov 13, 2019 9:10am
because many people come here to lie about how great and successful the merchant is.
my forum is full of these are.
  • #137
  • Nov 13, 2019 12:09pm Nov 13, 2019 12:09pm
Each person has his own method of overcoming fear.
Firstly, I would say that you have to study a lot of literature on trading and always be a taste of trends.
  • #138
  • Nov 15, 2019 4:44am Nov 15, 2019 4:44am
Quoting Fide
you get to trust yourself over time. no beginner can do it in the beginning itself. once you know how the system works and know how to play with time frames, candles and indicators, you'll know whether you are right or wrong. it's all about how much knowledge you have gained.
That confidence in oneself is basically what is missing, which shouldn’t. Traders wish to achieve perfection in the start itself, which isn’t possible. As you said, “you get to trust yourself over time”, this is what people need to understand. It takes time. This type of trust and confidence is built only after the strategies that one makes start giving consistent profits, so traders should focus on that part.
  • #139
  • Edited 5:06am Nov 15, 2019 4:47am | Edited 5:06am
My initial post on this was totally misguided.

Having had a look at what other people have said, I now have no idea what the question means, as it could mean a wide variety of things. Really. Clarify, please. Be specific. End the sentence/question properly, as all the first post says is that you had some bad experiences. So what.
  • #140
  • Jan 4, 2020 10:17am Jan 4, 2020 10:17am
In fact, this is a very big and difficult question, which is difficult to answer briefly and without any reasoning. To trust yourself you need to be sure of what you are doing, to do this you need first of all the knowledge about the case you are doing, you can not count on that everything will work out by itself and tomorrow you will start earning, because you have learned one strategy and it seems to you quite profitable. Trading is learning and experience that you have to get every day. These are big risks that require constant attention and focus. And I think that you just need to give yourself time to adapt. Don't expect too much from yourself, take small steps and you will achieve small victories that will lead you to great success in the future.
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