Dear alls
hi
i trade from many yrs and lost many
recently i devlop an afl which is very fine in trade
but whenever i make new position my heartbeats get increases and mouth go dry and hot!
i can t understand y all this happened
do u have any remedy or suggestions
Hello,
Hello,
This is bcoz of ur previous experience...,and ur mind is greatly influenced by negative trading practices....u need to remove/washout these things....but its not easy job to do....see its matter in between u and ur pshycology....u need to fight with urself to come out of this situation.
some Tips.....write down on paper what iam telling in following sentences which try to convince ur phsycology .
1).write down on paper why ur in trading business?
2).what's makes u get involved in this business?
3).what are ur beleifs about trading/markets?...bcoz we only can trade our beliefs.
4).what are the things that support ur beleifs?
5)do u believe in market cetainity or uncertainity? or think market is efficient/inefficient what are the reasons for ur choice?
6).u said u devoloped the afl...and ur saying its good...upon what basis ur saying this..try to find out reasons.
7)write ur trading plan....when u wake up try to reharse ur trading plan..... for about 20 mins..so that when ur in real trading there should be no second guessing.
8)write down ur main ...objective.. and split it with small objectives...so that u always know where ur in relation to ur main objective.
9).don't trade too much or think about trading too much.....know the fact that markets are always there whenever we come back...so take rest or do things which makes u relax and feel good.
10) see fear of loosing will only diminish if u have confidence in ur system....to overcome this start ur trading, with minimum risk may be 0.5% of ur equity....after no of trades analyse ur trades...and if u have positive result then increase ur risk....
11).know fact that u only can change urself.
Regards,