Never give up!

"People tend to be wrong" – how many times have you heard this phrase, or did they say it themselves??? I am sure, not once or ten times))) Mistakes are easy, and the most interesting, almost always instantly. Didn't have time to yawn, and the new mistake is right there - regardless of the type and type of your activity ... Some quickly give up, blaming everyone and […]

All about everything

Current…  ♠ Personal: What to hide… I'll be honest: I had enough for 3 of the day ))))) On Thursday and Friday, the rules went to hell and torgo.…

Money elephant

I saw part of advertising with money from the elephant notes and decided to do this yourself. Found 2 options. The first heavy, the second is easier.

Day trading for 20 October

SICK : Stryker Corporation Sector: Healthcare > Industry: Medical Equipment and Supplies The dumbest deal was at SYK . I caught a reversal and already made 50С for the whole position, but in the end he sat out and went to zero. After some time, it is not clear why I bought it again and went out to the very bottom of the candle. Instead of profit, made a minus to myself.

Money Elephant

I often saw an advertisement with a money elephant from banknotes and decided to make one for myself.. Денежный слона должен быть повернут в сторону двери. Если слон будет наоборот смотреть в сторону квартиры, and tail to the door, then he will be able to attract good luck and money to the house. Талисман слона, standing to the southeast, станет сильным денежным талисманом, the key to the stability and prosperity of the whole family. Found 2 Options . First heavy, the second is simpler.

Scary tale

This morning we heard, like out of the woods – frightening the barn owl, British bears crawling out.
Since they walked from the north, then the barn owl ran south… fleeing these terrible monsters, well, we are with her.

What is the difference between a statistical drawdown and a psychological one??

Have you ever had a time getting into a situation?, when losing trades follow one another? You suddenly start to panic., and think, that it never ends? But how strong is this drawdown? Maybe, you just panic for no reason? Maybe, you turn statistical drawdown, which can always happen, into the psychological, what not to do? Statistical drawdowns need to be predicted. If you are using a reliable trading system, then the law of large numbers is on your side. From the point of view of statistics, there is nothing to worry about in a series of losing trades.. Since a large number of trades gives you a statistical probability of making a total profit. It's okay, to get a series of losses. It's just a matter of probability. If you don't take it personally, and just keep on lying to the system (managing risks), sooner or later everything will change, and the system will return to profitability. However, some traders turn statistical drawdowns into psychological ones.. They indulge in despair and pessimism., start thinking about failure. And thoughts have the ability to materialize. Reality can change, if you think, that ended up in a financial hole. Psychological drawdown is able to make you think, that you are stumped.

Trading ideas on 22 October

Symbol SELL BUY ADS 66 69 AMT 38.8 40.5 BNI 84.7 87.5 CYT 36.8 39.5 FROM 47.5 49.7 DTO 60 0 HOC 32 33.6 ITW 47 48.6 LXK 27.5 29 PPH 62.5 64 RTH 0 90.9 SLB 67.8 71.2 STT 45.5 49 SICK 48 49.5

Emotion and trade

Are you overwhelmed by emotions?? Or, vice versa, almost nothing can make you mad? Some people are more likely to experience unattractive emotions, than others. It's part of our character. When you try to control your emotions during a trading session, very useful to know, how resistant you are to unpleasant emotional influences. Personal character traits develop over time and are relatively stable in different situations.. People differ in the degree of their predisposition to bear unpleasant emotions., such as sadness, fear, anger in different situations. Are you giving in to emotions too much?? Take a little test, Evaluating, each of the yes or no statements, applied to myself.

Scroll to Top