Welcome to NexusFi: the best trading community on the planet, with over 150,000 members Sign Up Now for Free
Genuine reviews from real traders, not fake reviews from stealth vendors
Quality education from leading professional traders
We are a friendly, helpful, and positive community
We do not tolerate rude behavior, trolling, or vendors advertising in posts
We are here to help, just let us know what you need
You'll need to register in order to view the content of the threads and start contributing to our community. It's free for basic access, or support us by becoming an Elite Member -- see if you qualify for a discount below.
-- Big Mike, Site Administrator
(If you already have an account, login at the top of the page)
Dr. Brett (paraphrasing) "Without emotions, you have no feel for the market".
For me it was about discovering the absolute truth that my emotions were leading me astray. Once I acknowledged that and started working on "channeling" them (or however you want to word it), I was able to maintain a gut feeling about the market but also reign in the constant fear or greed that was leading me astray before.
I don't know. Sounds catchy but not much beyond that. It depends on your trading style. A discretionary trader would find this statement truthful, but those trading mechanically are better off not to rely on their emotions.
Yesterday I went long instead short.
I went against what the market was telling me and instead went with what my expectations of the market were. Based on price action market was telling me to go long but I didn’t want to listen, because I was confident that this time market is wrong – but market is never wrong, right
Any advice what should I do to avoid similar mistakes in the future? i.e. not listening to my ego just to what market is telling me? Thx
