NexusFi: Find Your Edge


Home Menu

 





Six keys to managing trading psychology


Discussion in Psychology and Money Management

Updated
      Top Posters
    1. looks_one Itchymoku with 1 posts (3 thanks)
    2. looks_two PeakGrowth with 1 posts (0 thanks)
    3. looks_3 Sumatra with 1 posts (0 thanks)
    4. looks_4 Quick Summary with 1 posts (0 thanks)
    1. trending_up 1,983 views
    2. thumb_up 6 thanks given
    3. group 5 followers
    1. forum 4 posts
    2. attach_file 0 attachments




 
Search this Thread
  #1 (permalink)
 
lovetotrade's Avatar
 lovetotrade 
Rockledge, FL
 
Experience: Advanced
Platform: Sierra Chart
Broker: Gain Capital, OANDA
Trading: GBP
Posts: 415 since Oct 2014
Thanks Given: 1,059
Thanks Received: 813

Six keys to managing trading psychology - Adam H Grimes

Not crazy extensive, but a great refresher, and absolutely imperative for the beginner.


Visit my NexusFi Trade Journal Started this thread Reply With Quote
Thanked by:

Can you help answer these questions
from other members on NexusFi?
Kharg Island at 6%, Regime Fall at 1.5% -- The Black Swa …
Prediction Markets & Event Contracts
Iran Peace Expired NO: Ceasefire on Life Support, OPEC a …
Prediction Markets & Event Contracts
TradingView Deploys AI to Monitor SEC Filings in Real Ti …
TradingView
CFTC Approves First US Bitcoin Perpetual Futures -- Kals …
Traders Hideout
After $87M Settles NO: Irans Nuclear Redline Sets Up the …
Prediction Markets & Event Contracts
 
Best Threads (Most Thanked)
in the last 7 days on NexusFi
Sober Journey With S&P
17 thanks
The Confluence Meter: A Multi-Layered Signal Framework B …
11 thanks
NT8 color choices
10 thanks
The Pivot Point 113.6³ — Navigating the Prediction of …
8 thanks
500 MES points a week
5 thanks
  #3 (permalink)
 PeakGrowth 
Sydney, Australia
 
Experience: Intermediate
Platform: Sierra Chart, IRESS
Broker: IB, IQFeed
Trading: ES, SPI, ASX stocks, options
Posts: 397 since Jun 2015
Thanks Given: 169
Thanks Received: 465


i like the pattern interrupt point, good to just sit back and do something else if emotionally compromised.


Visit my NexusFi Trade Journal Reply With Quote
  #4 (permalink)
 Itchymoku 
Philadelphia
 
Experience: None
Platform: corded black telephone
Trading: ticker tape
Posts: 2,892 since Apr 2012
Thanks Given: 1,683
Thanks Received: 3,681

Great article, it reminds me of a few things about my trading.

Part of my edge is realizing when small time frame traders are acting out of emotion or negligence for the larger time frame participants and vice versa. Pattern failure on one time frame coincides with pattern success on another time frame.

Seeing and believing are often both wrong. Just because you see a perfect setup doesn't mean it'll work out. Anyone who has been trading for an extended period of time knows that the market can enter funks where it gives head fake after head fake appearing to give a good setup after good setup and failing every time. Sometimes you just have to stay out and wait for the storm to pass. I think where the majority of people get in trouble is that their edge really isn't that versatile and they end up getting in this mentality where they're trying to make up for losses taking the same type of setup over and over when the market is in a funk like I explained above.


R.I.P. Joseph Bach (Itchymoku), 1987-2018.
Please visit this thread for more information.
Reply With Quote
Thanked by:
  #5 (permalink)
No Sweat Profit
singapore
 
Posts: 1 since Aug 2015
Thanks Given: 0
Thanks Received: 0

Most important for me is know yourself. Everything else will follow


Reply With Quote




Last Updated on August 17, 2015


© 2026 NexusFi®, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
All information is for educational use only and is not investment advice. There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Downloads - Top
no new posts