Thanks Nate. @ 16 min the point about trading as emotionally detached from the capital (absence of fear around the losing of capital)- has been the primary issue for me from going more forward into live trading. In fact, for what it is worth, even though I am grateful to be profitable at this time of writing… I went as far as to hire, yes hire, a personal coach to literally help me with my specific fears. I am not advocating that I will be a better trader, or especially a profitable trader, because I may have taken steps at getting over a decent amount of the fears I have formerly held… it’s rather that I can at least go forward into live trading on the disciplined principles I have come to currently know. I just wanted to say this, to all the rookies. (As I am about 10 months into this now). I really find that this issue is perhaps the most difficult hurdle. I am not saying that it can’t crop back up, or get in my way, but I can say I have at least recognized how and where the fear is at with me, and been able to get some clarity as to what i means to ‘be emotionally unattached to the real capital’. Anyway, thanks for all the IU chat does, and you personally. I do not know if I will be profitable tomorrow, I just know that I seem to better able to risk the capital, and risk the mistakes better than I did in many days and months prior.
Thanks Nate. @ 16 min the point about trading as emotionally detached from the capital (absence of fear around the losing of capital)- has been the primary issue for me from going more forward into live trading. In fact, for what it is worth, even though I am grateful to be profitable at this time of writing… I went as far as to hire, yes hire, a personal coach to literally help me with my specific fears. I am not advocating that I will be a better trader, or especially a profitable trader, because I may have taken steps at getting over a decent amount of the fears I have formerly held… it’s rather that I can at least go forward into live trading on the disciplined principles I have come to currently know. I just wanted to say this, to all the rookies. (As I am about 10 months into this now). I really find that this issue is perhaps the most difficult hurdle. I am not saying that it can’t crop back up, or get in my way, but I can say I have at least recognized how and where the fear is at with me, and been able to get some clarity as to what i means to ‘be emotionally unattached to the real capital’. Anyway, thanks for all the IU chat does, and you personally. I do not know if I will be profitable tomorrow, I just know that I seem to better able to risk the capital, and risk the mistakes better than I did in many days and months prior.
Hi nate, quality stuff tnx.
1 wish, when you explain on the chart window pls make it much bigger hard to see the chart on my 11inch laptop…tnx