How to start like a pro? - afraid to open trades -
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thread: How to start like a pro? - afraid to open trades

  1. #51
    Senior Member raqwl.deji's Avatar
    108
    it's plogical thing, confidence and it's actually NOT how much capital you do not care to shed (or you envision lost), -- again, it's NOT confidence ultimately comes from your performance. You need to perform well to acquire confidence to do well -- is not it egghenegg-hen...? Who's cause and who is result? Let me make my point: 1. You need to use you complete heart, brain, and focus to put a transaction. (key is complete attention, not simulation, presentation, or LIVE) 2. Do 1 for 1000 times 3. Review your transactions, and understand your strength...
    I believe this may help me ... you have my point

    will try

  2. #52
    Senior Member raqwl.deji's Avatar
    108
    One good tip I read by a trader named CodyB (if I'm not mistaken) is that you need to envision the money has gone. Well, that's great since sooner or later you are going to shed it anway. But maybe after a few margin calls you are going to receive it and begin building up a respectable account. Whenever you trade with real money, you shouldn't attach any feelings for it. Sounds easy but it's rather hard. When you win, don't be concerned about it. Try not to feel too happy (threat of over optimism) When you loose, don't care too much about it. (threat of...
    I will attempt to envision it and will see the results.

  3. #53
    Senior Member raqwl.deji's Avatar
    108
    Walk into the street. Look on your wallet. Think about how much you can comfortably grab, pull out and just throw in the wind. Then turn around and walk back inside, with almost not a care in the world. How much was that? 1 pence? 5? 1 pound? 5 pounds? 20? 100? Trade live just below where you begin to care only a tiny bit: Where it provides you sufficient incentive that you're 'earning' something (earning 1 pound in a day/week is completely pointless for some) making you take note, even when only enough to buy some gum. Where it will not create...
    I understand what exactly do you mean and I think the most problem I have isn't the anxiety of loasing cash but the anxiety about my system not working will

    any how today I made the lest and am starting now opening places

    I will Attempt to beat my anxieties

    thanks guys
    I think when I read the posts it gave me some confident

  4. #54
    Junior Member samwlsok's Avatar
    28
    Hi Hamedmohd,

    I do know just what you mean. Perhaps you're able to read this thread, where I described how I defeated or at least bring it down to a degree I can deal with it.

    Http://forums.babypips.com/trading-p...ing-trade.html

    in case you have further questions, do not be afraid to contact me on Babypips forum.

    Hopes it's going to work for you also!!!

  5. #55
    It's plogical thing, optimism

    and it is actually NOT about how much funds you do not care to lose (or you imagine lost), -- again, it is NOT

    confidence finally comes out of your performance. You need to execute well to acquire confidence to do well -- isn't it egghenegg-hen...? Who is cause and who is result?

    Allow me to directly create my point:
    1. You have to use you full heart, brain, and focus to put a trade. (key is full attention, not simulation, presentation, or LIVE)
    2. Do 1 for 1000 times
    3. Review your trades, and understand your strength and weakness, your confidence will increase

    repeat this 1,2,3 to get a few times, you will be prepared for LIVE trading.

    People who have gift might finish this process fast. Those with naive imagination will simply waste time wondering online forums.

  6. #56
    Junior Member ArisInMusicland's Avatar
    19
    When you are getting the jitters before entering a trade do one thing

    Concentrate on what you can win. . .not what you can shed.

    Losses will occur, but in case you've got a great egy and great money management, you'll win overall.

  7. #57
    Junior Member Paxi27's Avatar
    10
    One great tip I once read by a trader named CodyB (if I'm not mistaken) is that you have to envision the money has gone. Well, that's great because sooner or later you'll lose it anway. But perhaps after a couple of margin calls you'll get it and begin building up a respectable account. Whenever you trade with real cash, you shouldn't attach any feelings for it. Sounds simple but it's rather hard.

    If you win, do not worry about it. Try not to feel too happy (threat of over optimism)
    When you loose, do not care overly much about it. (risk of fear of gambling)

  8. #58
    Walk to the Road. Look in your wallet. Consider how much you can effortlessly ch, pull out and throw in the wind.

    Then turn around and walk back indoors, with virtually not a care in the world.

    Just how much was that? 1 pence? 5? 1 pound? 5 pounds? 20? 100?


    Trade live just below where you begin to care only a tiny bit:

    Where it provides you sufficient incentive which you are 'earning' something (earning 1 pound in a day/week is totally useless for a few) making you take note, even if only enough to buy a gum.

    Where it won't make you somewhat sick, with a sick feeling in your gut and not able to contemplate how you're going to find that money back...

    IF you earn something, you can be pleased. When (not if) you lose some cash, it won't cause you too much strain and get you overly plogical, which is what you will want to deal with when the numbers go up. . .as you're bound to (on a couple of events) trade a little too much, risk too much and get bitten.

    If you're faltering this early in the match, I'd say you're not actually ready and need to understand the costs, leverage, account size, trade size and risk.

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