@Albert_618 Was hestiant to do that because of the shitty high spread on my broker.
Rather not playing in these occasions.
There will be plenty of other worthy setups, with better liquidity. 😎
What excuses do you tell yourself everyday, so you can stay average?
You might say: “I desperately want to leave this unfulfilling job and do full time trading, but I can’t because I have bills, a mortgage, and no financial cushion saved up yet.”
Or you might think: “I know buying this diet program would really help me transform my life and body, but I can’t afford it right now because money blablabla”
Here’s what’s really happening:
You are attached to your current situation like it’s a safety blanket. But guess what?! Nothing is safe in this Life besides that one day you gonna die. 100% guaranteed.
You’re scared of what might happen if you let go of the “secure” paycheck or the “I don’t have enough money” story.
So you let those circumstances decide for you and your entire LIFE!!
When you do that, you are unconsciously agreeing to them and that agreement is what keeps you attached and trapped, causing you to repeat the same results over and over!! Welcome to being mediocre!
But don't worry I can give you Quick exercise to start unphucking your beliefsystem you can do right now (takes 60 seconds):
Close your eyes and finish this sentence out loud: “I really want to ________, but I can’t because ________.”
Write both parts down.
Then ask yourself: Is this circumstance really in charge of me… or am I just choosing to let it be the boss?
So tell me, what’s one “I can’t because…” excuse that you’ve been letting trap you lately? and this ladies and gents was PART 2 of attachment.
Trading is one of the most uncomfortable things you can do in life.
It’s funny how the vast majority of people are so easily blinded by the performance of individuals, even though it’s now incredibly easy to fake results.
Most people only share their good days and hide their bad ones, which sets completely unrealistic expectations. YOU love to believe that you're different that you “know better”, yet you still follow the herd.
You come into this game with the wrong expectations, thinking that after a few months or a year you'll be performing like the pros u see online. You love to consume purely technical content and believe that mastering strategies and somebodies edge is enough.
But after a while, you realize that the technical side is only a small part of trading. The much bigger and more important part is the psychological aspect.
What you do is buy one of those famous trading psychology books and think you've got it all figured out. You don’t. you have no real time in the game. The reality is that most traders will give up within the first three years.
Instead of hiring a true professional. someone who actually has skin in the game and can teach you not only solid strategies but the real mental side of trading . You settle for cheap or bad mentoring. These mentors usually just teach very basic 101 knowledge while casually saying things like “yeah, it’ll be difficult” and “you need good risk management.” You don’t truly understand how hard it really is, nor how to actually overcome the constant challenges.
Trading is one of the most uncomfortable things you can do in life. The only way to get better at it is to become okay with that discomfort and fully accept that it will never go away. It will always feel uncomfortable.
And that’s the truth: if you’re mostly listening to what the majority is listening to, you’re probably on the wrong path. If everybody could succeed in this game, the game as we know it wouldn’t even exist!!!
So maybe ask yourself: are the people you follow on X just feeding you motivational bullshit? Do they only show the shiny results while staying silent about the real obstacles and the deep psychological patterns they struggle with themselves? Because if it is mostly the case, you are not learning trading. You are watching someone's personal marketing campaign. And if you’re still following them anyways u deserve it.
If I hadn't closed that position I would be funded.
Another quote I've heard countless times.
It feels like the truest thing in the world when you say it. but its the biggest bs ever
You were mentally not able to execute or hold the trade. So first stop that woulda shoulda coulda bs. It's not existent, you didn't managed the trade. Stop lying to yourself with these fairytales.
Here is what actually happens in your body when a trade goes wrong or you manage the trade bad.
Your nervous system fires like you got chased, Heart rate spikes, Jaw tightens. You cannot think clearly because thinking clearly is not the body's priority right now, surviving is. I've talked about this countless times in previous posts.
The problem is you are still staring at the charts while this is happening. And its the same thing either you are to scared to execute or to overconfident, it goes both ways.
You look back and calculate what your PnL would have been if you hadn’t exited.
You tell yourself: “I was right, the only reason it didn’t work is because INSERT HERE ANY EXCUSE”
Now you feel smart with your analysis, but your not. It’s just your brain trying to find a way to reduce the stress you’re feeling.
Lets talk about nature.
Animals in the wild do something interesting after a predator attacks. They walk around. You can see them shake!! for a moment and then they relax and become calm again. Important is they shake! Physical movement!!!!
Not journaling like you(if ur even doing it). No "what did I do wrong." The body resets itself, and then the animal is back to normal.
Traders skip this step entirely. The trade closes, the loss registers, and they are already considering taking the next stupid trade just to avoid the feeling of the loss.
you cannot think your way out of a feeling when your body is still in the stress state. The thinking part of your brain is offline. You are doing math with a computer that is not plugged in.
The reset is not about mindset. It is about getting the body back to a baseline where the thinking brain can actually work again.
I said it 1000 times, A walk. Actual physical movement. Not scrolling your phone, not watching another trader's recap video. Moving your body until the jaw loosens and the chest stops feeling tight.
So stop making decisions while ur body is still in fight mode.
This needs to be your skill set, understanding your body and mind how it reacts and act before you explode
I still catch myself doing it. Loss hits, and I am already trying to revenge trade before I have taken a single breath. The "I would have been funded" story is always waiting there.
Do u step away from the screen after a losing trade?
2nd BETA update for Hiddentrades (Hidden Liquidity Finder)
- Improved caching: overall performance increased by 2-3x
- overall Cap of MTF is now at 40 (even for LTF), which was 30 before (so total 41 chart can be scanned now, no matter the TF
-Fixed a bug in early breaker detection, where mainly stock had a lot of false/positive Breakers
- Added one overall mitigation setting
- Improved a bug in left edge Breaker timing
I will giveaway 2x Beta access to people who like, share and comment!
What is wish somebody told me about trading psychology before I blew all these accounts
Part 3
Now the obvious question. How do you actually fix your brain?!
Short answer: slowly, in your body, usually with another person there, and most of you will quit before it works.
Long answer below.
I tried the psychology books first. Discipline videos. 5 different rules templates I printed and hanged on my desk. Talked to AI for an hour about why I keep repeating the same mistakes.
I did the whole "rate your emotional state from 1-10 before each trade" thing for two months. None of it worked because I was still talking to my thinking brain.
The thing that actually started moving the needle was embarrassingly basic and slow.
First step. I sized down so small that the trade couldn't trigger my survival brain anymore. Not "smaller risk." Tiny. Embarrassing.
The kind of size where if you blow the whole day, your morning coffee was more expensive.
The point is not the money!!! And I can’t stress this enough!
The point is to give your body a chance to sit through a red candle without the alarm going off. Because your body has never done that. Your body has only ever done it with the alarm screaming!!
Most traders refuse this step. They feel insulted by it. "I'm not a beginner, I don't need to trade 1 micro"
Correct but are you profitable?!?! And you've been losing for three years. Choose wisely! Leave your ego and don’t be a dickhead!
Second step. I stopped trying to control my thoughts during a trade and started watching my body instead. Where am I clenching. What's my breathing doing. Are my shoulders up by my ears. This sounds like yoga or spiritual influencer nonsense and I would have rolled my eyes at it long time ago.
But this is the language the survival brain actually speaks. Not "I'm fine, the trade is fine."
But: "my jaw just dropped, something is happening, what is it."
Third step. I got a therapist. I'm going to repeat this because half of you scrolled past it last time. I got a therapist.
Specifically one who works with the body, not just talk therapy.
Talk therapy is more food for the thinking brain. Useful, but not the place where the change happens.
The change happened in moments where I was sitting in a session, talking about something completely unrelated to trading, and suddenly my body did the same thing it does when a trade goes red.
Same clenching. Same aggression and anger. Same urge to run or fight.
And in that moment, with another person there helping me stay with it, my body learned a new ending. That nothing bad happened.
That I could feel it and stay. That the alarm could go off and I didn't have to act on this feeling!!
That's the only thing that has ever actually changed my trading.
Not the books. Not the journals. Not the discipline. The body learning, slowly, with someone there, that the alarm can go off and I don't have to listen to it.
Fourth step. I let go of the timeline.
I'm not going to tell you "give it 6 months." That would be a lie. For me it's been a long time and I'm still working on it.
Some days the survival brain still wins. Some days I close trades I shouldn't because I over risk or my greed kicks in and I go into this autopilot mode.
Boredom and FOMO and all the other emotions you can think off.
But the gap is closing.
It’s hard work and reminding myself very often that there is no short cut. Sometimes I mess up bad, but working on myself and making myself better is a blessing.
Most of you won't do this.
Most of you will read this, feel something, and tomorrow morning you will open the chart and trade exactly the same way as last week. Because agreeing with me is also done by the thinking brain.
The doing is somewhere else.
Have you ever sat with a red trade and just watched what your body was doing instead of trying to make it stop? Or have you spent three years teaching your body that red means run and now you can’t get rid of that feeling and you are a gambler?
I started a new habit of observing myself before during and after a trade and it is very interesting to observe the different thoughts and feelings and write everything down that I can catch.
Am much better though at catching thoughts compared to body posture etc. Need to work on that