Received 1 Karma
TimeFliesBuy
2
TimeFliesBuy Sep 01, 17 6:07 PM

Can I add, for me at least, it also feels like my wins have tricked me, it's like I think ok I have this down, and then poof Im wrong. Adapting in a month like this has been a very quick process, almost like a 3 dayturnaround depending on what the setup was.

crzyNDhed
1
crzyNDhed Sep 02, 17 1:03 PM

Along with getting overconfident with a couple of winning trades, I also forgot about hindsight bias. It is too easy to have a hypothesis on a stock and remember the times you were right and forget when you were wrong. This may have convinced me to take a couple of misguided trades on stocks that were not on my watch list. Thanks for the comment and good success to you!

smillie327
2
smillie327 Sep 04, 17 2:22 AM

The book Trading in the Zone is excellent guide on alot of what you are pondering lately!

crzyNDhed
crzyNDhed Sep 04, 17 12:21 PM

I have that on my list so maybe I will read it next. I am currently listening to Trading For A Living and reading A Complete Guide to Volume Price Analysis. According to Anna Coulling once you understand VPA, psychology will no longer be an issue. We will see. Thank you!

Join now or log in to leave a comment
Page
of 1