Thread: Operating naked to understand fear and greed

A quick ticket to USDCAD. I still keep an open part.

Short in AU. I already took part in the winnings.

Another one of those "What the hell was I thinking?" operations.

I should've closed in the bidding zone, got pulled out of the way trying to stretch it out, then came in short and hit both targets.

With this one I at least redeemed myself a little bit.

USDCAD - I closed what I had left (very soon perhaps?

And that’s why most traders end up losing. This thread should have been called “Operating naked to understand fear, greed, ego and trust,” instead of just the first two. It’s one thing to have confidence and another to get over believing. Where does one end and the other start? My ego didn’t let me accept that I had messed up, and I stayed in some positions for too long. I even expanded my stops in some cases. I let down some losing operations. It’s very difficult to leave the ego aside or stay cold when one is operating. I thought I had turned my operative lately. But I actually just had some luck. I went down a -5.3% in a single day. Much to improve.

GU turned just before playing my TP, wanting to scratch a few more pipes, I ended up with zero, lesson learned... for the fifth time.

You know what happens, when you get greedy, the market kicks you in and knocks your teeth out.

I went back to operating WTI. This time I went with everything... and yes, I melted. Plan without validation, just hunches. Result: -3.2%. Bravo for me.