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Hooti
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I did that so often... back to sim and in a day or two I'd be nailing it without emotion or hesitation. Then after awhile I'd go back live and after a loss or two or three... right back to hesitation and gut clinch. After that happened often enough, it seemed to me the emotions were a different issue than one I could work on in sim. Complete waste of my time. But the sim did teach me that the technical part of what I was doing was not the problem. I guess the advice to basically do one thing (like only retraces and not reversals), and only one lot of contracts, etc, and do that right without over thinking, etc. ...gives you the best chance to work out whatever you need to find your own way. Wish I'd done that sooner, and probably still need more so to let that kind of process clarify my emotions. edit: I do use sim on weekends to drill and test things, including thinking about my emotions when I 'relive in sim' some of the trades I took during the week.
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But for me this kind of thing happened and happened and happened again. It may be one of the harder things of trading to know you can do it sim trading, but somehow not do it live. All I can say is that I’m improving trading live but it is a lot of little shifts in thinking and emotions: peeling layer after layer of the onion. It must have something to do with Db’s disinterest in which side is winning. They are having a discussion in the ET thread “what was the ***last*** thing you learned before becoming profitable” thread, and Handle123 & Cornix were talking about having to think with effort to get going in trading, and then learning not to over think to become profitable. It makes more sense when they say it! But this is another way of finding Db’s ‘disinterest’. For me recently, a degree of disinterest comes from looking at prep as making a map, and then the trading day is seeing what reality does with it, or in spite of it. Somehow that separates it from being so personal for me. I found some sort of emotional freedom, or perhaps disinterest in which side is winning. Don’t know if the map concept would work for anyone else. I guess some people can get it all at once, maybe 40D did. But for me it’s been a slow grind, yet my live NQ account is slowly creeping up every week, a reflection of being able to trade correctly and getting better at less hesitation. So just know it might take awhile, but I hope you are one of the ones who can make this go like flipping a switch on or off! Forget that onion and all those layers! ...unless you are sitting at my table where the smell of onions is oh so strong.
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wolfhounds are an amazing breed... have you owned one?
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That is about where I have it. There is a smaller 50% and a larger 50%
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I TRIED to post that as several posts, so my posts wouldn't have to keep going thru the moderators. But I'm afraid Db scrunched them altogether.... don't know if will sigh or laugh!
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SLA brought along with scratching and realizing I didn't have to lose. That changed everything. AMT was in the wings and I thought would take me from knowing 'not having to lose' to being able to win. AMT taught me something that changed everything, as much or more so than learning I didn't have lose, but it wasn't how to win. AMT required prep work. Once the prep work became kind of consistent, the thing that changed everything was not winning, it was trusting. ...an EQ thing, not so much an IQ thing. I realized I trusted the market. You have been around longer Db and may have heard someone say that before, but actually trusting the market was a foreign concept to me. Then I realized what learning to scratch had done was teach trusting my self in the market. AMT took me further to a place of trusting the market it's self. With the two together, fear doesn't have much room.
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Thanks for posting this Niko & DB.... it helps alot
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I'm following Db into Trader's Lab and there we will see if I find... re--hab.