The Monster Within Me

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The Monster Within Me
There is a monster within me. His name is Phil. These are the journal's that will record my battle with the monster and his attempt to keep me as a losing trader. But I will prevail and learn to control this monster within me. I will be a great trader, I will be in control of who I want to be.
I will SLAY THE MONSTER within me so that it can no longer control me and my thoughts.
By becoming an Observer of the self, I give authority to the Empowered parts, to be all I can become.

Brick by Brick

Thursday, April 21, 2016

Simming- It a curse over time

What is a sim junkie ? A sim junkie is one who has gotten so used to trading only in sim that it becomes almost impossible to take live trades and not freak out.  It is that moment when you see a trade and just take a chance that it will work or not. but to slide the cursor over 2 inches to the live dom and trade the same way just seems to be the hardest thing to do.  I wonder if my sim trading has created a phobia.  during the day, when I see a good setup I just know that it is time to take a trade. and I have noticed that the only thing going thru my mind it lets take a chance.  It will work or not.  But I seem unwilling to do the same thing live. I am unwilling to take a chance or losing real money or picking a trade that might not work.  That means that I truly do not except the uncertainty of each trade..  When I sim I know that even if I lose a couple of times off the bat that I can usually get it back plus more.  I need to be willing to just trade live and lose some money till I develop the same mindset as I have when live.  become willing and not unwilling.



Wednesday, April 13, 2016

It all boils down to ONE thing

Having asked around, all traders have fear. At least the losers.  Having watched and simmed my trading method for 3 weeks now it is obvious that the only thing I need to do is take the trades. Take my 3 -4 tics  of profit and let the weeks worth of set ups do what it does. make tics.  Guessing if the signal will be a good one is a waste of a good signal. I just have to take them and trade the method like a man.  If the method does not work in live trading then at least I have tried.