DislikedIF you 'know' something is going to happen in the future, the psychological stress is much less........Ignored
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DislikedIF you 'know' something is going to happen in the future, the psychological stress is much less........Ignored
Disliked{quote} The most insightful post in the thread so far -- IMHO -- trading anxiety is caused by uncertainty, and ultimately the the only real antidote for uncertainty is knowledge and experience.Ignored
DislikedNice thread Alpha, The traders who have been in the market for a long time, they feel and remember every pain of your words Personally, I still bitten by ignoring my discipline and over-confidence and fear after 10 years of trading . It doesn't matter how long have you been in the market, you will feel the pain at the end ! I only know one thing which is pure gold, this will not make you money but will stop from depositing again " A night what you cannot sleep because of your positions, you will end up losing...Ignored
DislikedUm, no offense, but this doesn't appear to make sense. {quote} To whatever extent you're "lucky" when price moves in your favor, then it stands to reason that you're "unlucky" if it doesn't. If your analysis is "wrong" when price moves against you, then it must necessarily be "right" if price moves in your favor. In reality, it's more correct to say that your analysis either provides some kind of an edge, or it doesn't. {quote} An edge can come only from the consistent application of knowledge and skill. "Luck", by its very definition,...Ignored
DislikedAnalysis has no bearing on the result..........
You way of approaching this would imply the absence of a buy signal is necessarily a sell signal.Ignored
Disliked{quote} Analysis either provides an edge -- a net positive outcome over a series of trades -- or it doesn't. If it does, then it contributes to the result of each trade, albeit on the basis of probability. If it doesn't provide any kind of advantage, then why bother with it? I didn't say that the absence of a buy signal is a sell signal. That would be, well, moronic. {quote} I deleted my post because I realized it could cause yet another pointless back-and-forth debate on semantics. But apparently not quickly enough, LOLIgnored
Disliked{quote} Analysis either provides an edge -- a net positive outcome over a series of trades -- or it doesn't. If it does, then it contributes to the result of each trade, albeit on the basis of probability. If it doesn't provide any kind of advantage, then why bother with it? I didn't say that the absence of a buy signal is a sell signal. That would be, well, moronic. {quote} I deleted my post because I realized it could cause yet another pointless back-and-forth debate on semantics. But apparently not quickly enough, LOLIgnored
Disliked{quote} If your analysis is "wrong" when price moves against you, then it must necessarily be "right" - hanover. By substitution: If your analysis is "buy" when price moves against you, then it must necessarily be "sell"Ignored
Disliked{quote} does the broker coding your buy/sell buttons backwards count in any of this?Ignored