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Now consider the same situation BUT different notes:
don't be a stupid idiot and overtrade congestion like you always do. you are going to lose your ass and end up with another losing day like usual.
Starting up a distance education program
Now consider the same situation BUT different notes:
don't be a stupid idiot and overtrade congestion like you always do. you are going to lose your ass and end up with another losing day like usual.
you do this same crap every day and the same thing happens.
you have no reason to even trade if this is all that you are going to do.
Remain Neutral.
I want to know the potential for the spiraling situation. It is VERY important to acknowledge that you have emotions, and not try to ignore them or hide from them as a solution to the problem OR because you perceive them to be a sign of weakness. This actually will just make the situation worse. You are human - humans have emotions - emotions become more intense in more difficult situations. So, I don't need to know how I am going to have responded as I go out of control. I do need to know, and have something to remember, and/or think about, that can keep this from happening - that can keep me as neutral as possible, in what would be the more difficult trading periods – something that will 'push' me back to tmethod AND 'away' from tpsych.
You go long and the market immediately goes down - you go short and the market immediately goes up. That's 2 consecutive losses, and you are getting a little 'anxious' so you don't take the 'next' trade. Of course, this trade is a winner. Now to make the situation worse, you then 'chase' the move, and as soon as you enter the trade it immediately reverses, thus giving you another loss – this is now 3 in a row. Ok one more ‘try’ - this can't happen on every trade can it?
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