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)
as others have mentioned this is not something to take lightly, besides in my opinion trading in poor health won't help your performance it will rather have a negative effect. Which in turn create extra stress etc..
I will be ceasing my trading fully till the end of this month (a seven day break too seems like a lot). Might continue the hiatus further after the next check-up. That is the doctor's advice. He minced no words there.
I will be completely flat and out and not watching charts.
That also means abandoning the current TST combine midway (the anxiety being exacerbated due to the constant self-created feeling/illusion of being monitored, examined, judged by TST). I could roll this one over by logging into T4 for say 20 minutes and taking a quick one lot one tick trade each day for the next five days but the chest does not permit me. Also I am not sure if I will ever be doing another combine so I will let my decision stand. Looks wimpy, but I'll take that any day rather than collapsing. You need to set a stop loss after all in all endeavors.
TST has been monumental in strengthening my foundations and allowed me to afford the education which would otherwise have been costly and would probably have ended with me giving up trading altogether. It however has been small amounts with real pressure.
I will now be continuing this journey with my own small accounts once I return from my hiatus.
I might login here occasionally if I experience withdrawal symptoms. But just like in trading, there is no going back on a decision - the trade target here is health (which is at risk and recovery of which is the reward).
Very good decision, and I trust that the results will be good as well.
I hope that you do continue to post on futures.io (formerly BMT), not necessarily in a Combine thread, but somewhere. Your posts and insights are valuable to me, and I'm sure to many others.
Also, know that you have a lot of support here, and no one is judging you here at all....
Get well soon and take your time to recover without any pressure and / or stress, health is the most precious target of all in life.
"If you don't design your own life plan, chances are you'll fall into someone else's plan. And guess what they have planned for you? Not much." - Jim Rohn
@iqgod, if you haven't seen the show The Sorpanos, I highly encourage watching it during your time off. The main guy suffers from anxiety attacks, and it's one of the best shows ever to be on television.
No. No as in, not if I even if I have six losers in a row - I have no anxiety when I trade as per plan.
It is a self-inflicted disease. It got exacerbated in a combine because of (another self-induced) warped sense of time where you need to achieve something and are trading with a specific number in mind - that is a problem I am yet to mindfully address.
I have been a great fan of Dan Ariely after completing his Coursera MOOC (A Beginner's Guide to Irrational Behavior) early this year.
There was this insightful experiment in his other book "The Upside of Irrationality" which a reader Kevin found interesting:
His research was conducted in India where he wanted to find out just how performance bonuses might motivate people.
Various individuals are offered a chance to be given certain amounts of money based upon how well they perform in 8 games. It turns out the more money possible to be scored, the more likely the individual was to fail at the games. There was a bump over people performing for little more than a few hours of their time taken up but a more significant bump for individuals who received moderate sized "bonuses."
The experiment was laid out to show that large bonuses...amounting to as much as 5 months worth of income if medium difficulty level tasks were completed...don't motivate but actual interfere with performance.
This part of India was incredibly poor so having a chance at 5 months worth of income was truly dramatic. This could either be the difference between eating and NOT eating, rather than the difference between buying a TV or not having a TV.
f you've ever watched the TV Show Survivor, you've seen similar behaviors by people who consistently lose. People who let the pressure get to them because the clock is ticking... can do nothing but fail, and do indeed fail. But in Survivor there is always a winner. Some adapt. Some do not.
I instantly thought of the combine. Its 'I' again.