Thread: The Winning Trading Psychology - sure way for consistent profits

Beginning


Welcome into the most important and the Most Concentrated aspect of trading. Plogy is the behaviour of their mind. This behaviour is outside as well internal the origins of our behavior originate from our subconscious mind. We all have been feeding our subconscious from the moment we were born. Today the way you see the planet, the way you form opinions, the way you receive emotional swings, the way you hope or expect is seated into your own subconscious. Perhaps you might think what this all has to do with my trading career? Not only trading career, but your plogy marks a big difference in the other aspects of life. The worst attitude we've been wired since ages is #8220;Attached Expectation#8221;. Believe me, this attitude is a killer that is sweet, slow and sure. We always rotate from three major states of mind. They are Positve, Neutral and Negative, just a pinch total percent of individuals live in the 4th dimension i.e. PEACE. This is. Peace is as good as having mind not needing it! In peace you do not perceive the world as per your views. You simply feel the reality, you enjoy the #8220 8221;. In peace state of mind you do the things, do the #8220; Procedure #8221; minus # 8220; Outcomes # 8221's anticipation;. You simply enjoy what you do. THIS IS THE HEART OF WINNING PSYCHOLOGY. YOU JUST HAVE PEACE IRRESPECTIVE OF THE RESULTS. THE CUP IS ONLY YOURS, IF YOU TRADE WITH THIS WINNING PSYCHOLY!

We have only scratched the surface of Trading Plogy. Being in peace is the state of mind when you trade. There are also different blocks. The victory is yours when they are dissolved by you. At this stage if your preference is to simply log this particular page off, it#8217;s your choise of collapse. However in the event that you want to be a real time profitable trader, please do continue to learn more about the measurements of Trading Plogy.

In my early days of trading career, I knew the only way to be successful in markets was using an extremely large penny trading platform. I back tested the charts, sleepless nights were spent to back testing them. I was excited that I have the world#8217;from earning billions me could stop! But something was inside me which kept on accepting me on the trades. The problem wasn't with the Trading system. The beast was within me. I make it my own SWEET INNOCENT PUPPY and never attempted to tame this best. The actual problem began hitting on me. It was that I spent almost all of my time on charts, yesteryear testing, curve fitting, searching for the methods and never thought of coaching my mind! Very few hours of week were spent trading that was . I believe than any other trading methods could have made it, this is the vital turn in my trading career! I began to spend more time live just and trading a single day of this week for my study and development. I was introduced together with all the #8220;BEAST#8221. I began to read everything on plogy I really could. Still the issues weren#8217;t vanishing. I began to realize there was no issue, I had to change my understanding and integrate or comprehend the trading plogy. Trading is similar to enlightenment. You began to have its own fruits when you understand what you learn. This is the turning point in my trading career that I began to understand the trading.


Let us now be more specific in terms of trading plogy. Trading could be seen as MTJ analogy. What's MTJ analogy? MAP #8211; TOUR #8211; JOURNEY. Most of the traders invest their trading life period in the first two aspects i.e. MAP and TOUR. Most of them measure JOURNEY'S beginning.

MAP- in trading terms, it is Analysis whether Technical, Fundamental or any other. Most traders master the MAP. They are good manuals. They know the sea road from Pacific to Atlantic. In summary they're quite good in formulating their own egies and strategies. If you've traveled through Cruise or through any other Sea course, you know what it is in REAL TIME. You must have seen people fading, people getting scared and you should have undergone the emotion at the moment. Perfecting the MAP and taking a travel are really two contrasting worlds. This is where you must understand that the most important aspect of trading is Journey. I did not say that MAPS are not important. Infact, all three are linked with one another. MAPS (methods) #8211; TOUR (Demo trading) and JOURNEY (LIVE ACCOUNTS) are linked with each other in varying percentage. All the 3 aspects are important. A trader can not survive without the lack of any one variable. The focus should be on travel.

Tour- This really is taking a Demo Account and trying to get a sense of Live account. Before you go this aspect is definitely very important and also good. I know traders execute on demo accounts and hardly few of these earn from live accounts. This is only because you don#8217;t handle the Demo accounts like live ones. How can you fool yourself! Thus at this phase of trading you have not seen your enemy- .


Journey #8211; The real live account. This is where you will battle on your own. Your conscious and subconscious mind will struggle. You'll have to confront many beasts within you like panic, greed, Ignorance, Arrogance, Fruion and the KING OF THEM # 8220; ATTACHED EXPECTATION # 8221 ; Yes you read it ! You will be thrown by your anxiety to perform, your concentrate . This is the fact that most clever and most intelligent people fail in trading business. They will master everything but maybe not the beast within.

If you are still reading at this phase, the chances highly favour for YOUR SUCCESS. You are now quite close to meet an INNOCENT, LOVLY PUPP Y WITHIN YOU.

Stay Tuned ....

Best Regards
Winston

Thread and something I've been looking into for a short time. I've been trading for a great few years now and dismissed tiny accounts. The issue always seems to be wanting to achieve faster and utilized to be overwhelming, when a loss does happen the feeling to get the money back straight away.

These days I know I am using a method that can make me money if I just follow my rules but I am still bombarded with undisciplined ideas from somewhere within my brain. I know I need to be on my guard and I have actually made money for the past couple of months although I am getting better at overcoming these ideas as I go along.

I believe attaining success in gambling is always going to be an ongoing process rather than a destination. A few years down the line, I might begin to believe I have attained my goal of beind a disciplined and succesful trader but for today I am just happy to be about the trip and enjoying the ride.

Thanks to everyone who's posted on this thread so far and I hope it will continue to tick over slowly.

Originally Posted by ;

Well here is my point of view - there is no plogy of trading.

Well I disagree. I guess if it is a system but if it that traders do it is very subjective based on a trader's view. If it's subjective then a lot of things could happen. You are able to get anxious and accept less. You can get into a trade and watch it begin to lose but not hit your stop loss and stress it will hit it (fear)and therefore close out it just to later see that it had been a winner and it never struck on the sl. You can take a small winner that you believe is going the other way so that you close it just to see later that the candle never closed and that there was no alteration candle. For somebody who's in control of himself I believe these things will not happen.

Originally Posted by ;

Well here is my point of view - there is not any plogy of trading. Nobody talks about the plogy of driving a vehicle. They just get on with learning how to drive a vehicle. Being a profitable trader is a skill that may be learnt and does not require some special plogy.

It requires a profitable method along with the subject to apply that method always over a high number of transactions without being concerned over the outcome of any person trade.

If you would like a plogy that you should have a something like - the plogy of managing loses....

You starve yourself.

Originally Posted by ;

I knew someone would understand me

this thread reflects my trading life...I left profits on demo. . .but when I change to reside I lost 8 percent of equilibrium inside in a week....then I realised that the BEAST within me....Hopefully I ve seen that this thread....Thank you

Below are Plogical Trading Tutorials or obstacles while operating LIVE account.
Sit back, read it carefully and be truthful about yourself and count the number of Blocks do you have currently from under 23. Afterward rate yourself work and basis on the negative blocks.

There is not any requirement to post your blocks here, just be honest to yourself and watch the wonders because you know your self better and better....
Work on these blocks because if you truly want to excel as a Trader, you need to work on them and Win.... Be a Fighter that will not quit until the final breath




1) Stress of attained profits becoming erode

2) When stop loss isn't put, reduction can be quite big at any time period
because there is a hope of standing going optimistic

3) Getting out quite ancient

4) not after the program or not trusting it

5) Ego of never needing little timely losses

6) Tendency to avoid losses

7) Wanting to be right the majority of the time

8) Maybe not accpeting that trading is a game of chances and hence completely attached
into every single transaction

9) Compulsion to trade after moderate or extended dry periods and hence trading by
trial and error methods or taking wrong setup.

10) Getting happy when winning and feeling low with the reduction

11) Forming market views at the time once the transaction is triggered resulting in loss of chance or cash

12) Dicussing the transactions with peers or other people thereby increasing the pressure of
being right

13) Bad moneymanagement which wipes entire funding in 3 to 5 consecutive wrong trades
These consecutively erroneous trades are regular to occur because of inherent uncertain
and creative natrure of markets.

14) Greed may over take the idea out plan which might result in entire erosion of profits.

15) Adding to losing positions in hope to average out and position in bargain price.
Adding into some postion turning negative is only great if it is the thoughout plan as per
the machine that has contemplated moneymanagement already.

16) Single commerce focus

17) Not taking more than one trade concurrently

18) Changing from great method just because of 2 or 3 consecutive losses

19) Contemplating Trading as Gambling rather than business

20) Stress, anxiety or worry for Each tick going in opposite way

21) Fear of uncertainty or helplessness or hopeful condition deteriorating physical
and mental health

22) Trading when there is some confusion or not a clear setup so the chance
does not disappear

23) Preconcieved notions about big profits

Self evaluation chart

This one may help traders plogically knowing your winning edge.
https://www.dukascopy.com/fxcomm/fx-...on=readid=1467