Exercises to help follow trading rules -
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thread: Exercises to help follow trading rules

  1. #11
    Junior Member pohe05's Avatar
    12
    Hello traders, I have now a system of trading. I trade now, but still have large issues. I cant follow my rules, especially stoploss and I need to get a trade in position if my rules tell me that I must remain out of market. Do you have some exercices, coaching for mehelp me progressivly to follow my rules? Go out of market when I have to do it (SL) and not be in market? Thanks for your help and sorry for English.
    You don't need exercises. You need to learn WHO you are.

    You are suffering from a lack of confidence. That lack of confidence stems about Failure and Success. That lack of success stems from a lack of consistency and these inconsistent results stems from a lack of understanding behind the WHY you are trading in the first place. First you must understand why you are trading and the how will come fluidly, letting you remain true to your own rules.

    This is all predied on your very own internal belief system. Your mind is hardwired to function a certain way to protect yourself. A component is that is neurologically based and it's significant impact on your conscious level choices whenever you feel the prospect of Pain or Pleasure. You have to understand the way your brain works in this regard.

    Your secondary mind is re-writable, however. You can control that by re-scripting (literally re-encoding) the neurological pathways within your developed brain to change your thought patterns and consequently your response to external stimuli at the proper level. What you have to understand is that YOU are not your feelings and you're not your own emotions. Those components are a part of your as a human - normal for anyone. Just because you are feeling something, doesn't mean that you are certain to act upon it. Therefore, you have to learn how to create physiological interrupts that interrupt the charge being delivered to the mind, so that it is possible to remain in charge of your ideas and by extension your actions. This can be the battle ground on your Mind.

    Mr. Howell, states it better than I could ever hope to say it. This video is one of the best I've seen in getting to the real heart of the matter and describing the WHY behind your actions as a Trader. It take some time. It will not happen. But you can be in complete charge of your choices as a Trader and really, you have to.

    Howell, is not likely to tell you you shouldn't feel. All human beings feel. What he's trying to convey to you is that you're not your emotions and so, there has to be ordered YOU that remains in charge of your own behavior. He's trying to help you achieve that ordered YOU, so the actual YOU can accomplish your goals as a Trader - to succeed.

    This video will teach you a few things about yourself that you may not like about YOU - it did for me. It may question, WHO is truly in charge of your ideas and it'll cause you HOW you can begin to take charge of that procedure and to think about WHY you are being driven.

    I would recommend this video to anyone calling himself or herself a Trader.

    Inserted Video


    I wasn't here. I'm a ghost.

  2. #12
    Junior Member Susanagriff's Avatar
    19
    You'll Find the answers You're Searching for in your birth chart

  3. #13
    I Discovered the book Trading in the Zone to be very helpful. It is basically the industry standard book on trading plogy.

  4. #14
    quote You don't need exercises. You want to learn WHO you are. You are currently suffering from a lack of assurance. That lack of confidence stems from your beliefs about Success and Failure. That lack of success stems from a lack of consistency and these unpredictable consequences stems from a lack of understanding behind the WHY you're trading in the first place. You must understand why you're trading and the how will come fluidly, letting you stay true to your own rules. This can be all predied in your own internal belief system....
    Where is your LIKE button when you need it -)

  5. #15
    Then change your rules In case you have to fight with your rules.

    You will find all the axioms and tenets of proper trading have been created to make you shed.

    The last statement can be a guideline, so to be dismissed as well...

  6. #16
    should you need to fight your principles, then alter your principles. Tenets and the axioms of suitable trading have been made to make you shed.
    I am yet to be lambasted by the efficient market theory That's likely just around the corner however please give me my small moment of mad assurance:-)

  7. #17
    quote I am yet to be lambasted by the efficient market Theory which is probably just around the corner but please give me my Little moment of insane optimism:--RRB-
    oh no, not again (:

  8. #18
    quote oh no, not (:
    Hehehe. I've a read before me which drives the point home in Evidence-Based Technical Analysis by David Aronson. You May Need to provide me a tissue since I think it Will end in tears:-)

  9. #19
    Junior Member javieroyo's Avatar
    11
    I discovered the insights in the atcmt here very useful, even if its a little'self helpy'
    https://www.cliqforex.com/trading-sy...s-success.html

  10. #20
    quote Hehehe. I have a gloomy read before me that drives the point home in Evidence-Based Technical Analysis by David Aronson. You may have to give me a tissue as I think that it will end in tears:--RRB-
    I bet you can skip to the previous page and read:

    In conclusion, the evidence demonstrates that nothing could offer a winning edge.

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