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  1. #11
    Moderator Kolyo's Avatar
    Quote Originally Posted by Michael Hodges View Post
    leave trading, that's the best way, if you feel it you have to stop trading or else you will make a bad decision... more than one, because the first bad decision is to trade while you are frustrated with it.

    Best advice!
    "The goal of a successful trader is to make the best trades. Money is secondary." - Alexander Elder

  2. #12
    Veteran Member Dan21's Avatar
    I am trading a limited number of trades per day. That’s why there is no place for frustration when I finish them I am done for the day and that’s it! Much easier to handle than trading forex or other markets where take profit is always in doubt.

  3. #13
    Senior Member Lelyz9's Avatar
    Quote Originally Posted by johnwboyd View Post
    Especially when you are having a draw down session. How to handle the frustration?
    If you're into instant change of mood, do this:

    Raise up your hands high up to the sky, with big smile on your face facing up too. Then take a deep breath to allow the air fill in your body. Do it repeatedly. You can do it by standing or sitting, better by jumping high, it's more instantly and more powerful.

    The scientific explanation about correlation between the body posture and the mood: (just google, it's a lot. Below is only one example)

    http://www.fastcompany.com/3041688/b...sture-and-mood

    If it's not working, then you can ask again, I have more ways to deal with it, but usually that instant change would do enough miracle.

  4. #14
    Rookie Member
    I go for a walk lol

  5. #15
    Legendry Member milos's Avatar
    Quote Originally Posted by rcpatten22 View Post
    I go for a walk lol
    You've chosen wisely decision!

  6. #16
    Rookie Member shadow's Avatar
    I turn on the philosophical mood, at least I try to lol
    Loss is the usual part of the trading process, this is market and nobody can trade for100% win
    I stop trading this day, analyze the charts, looking for what went wrong. Then I close them and do something else to get the positive emotions. I prefer hiking and relax at the nature. It helps to clean my mind.

  7. #17
    Legendry Member milos's Avatar
    Quote Originally Posted by shadow View Post
    I turn on the philosophical mood, at least I try to lol
    Loss is the usual part of the trading process, this is market and nobody can trade for100% win
    I stop trading this day, analyze the charts, looking for what went wrong. Then I close them and do something else to get the positive emotions. I prefer hiking and relax at the nature. It helps to clean my mind.
    It makes sense.

  8. #18
    Senior Member Ingmar's Avatar
    I try to find out what i did wrong. It could be i didnt follow my rules, self-sabotaged, or was hunting for opportunities that just weren't there. most of the time my losses are behaviour related. If its part of the edge (every edge has losses, just statistics) i continue trading. If its psychological, i stop trading, tell myself i'll never do it again, continue fresh the next day, until i make the same/similar mistake (i would never make again) again :-D rinse and repeat.
    “The game of speculation is the most uniformly fascinating game in the world. But it is not a game for the stupid, the mentally lazy, the man of inferior emotional balance, or for the get-rich-quick adventurer. They will die poor.”

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  10. #19
    Solid Member plmoore246's Avatar
    I've seen this somewhere, they're 7 P's in the market
    Proven Patterns
    Patience
    Practice
    Probability
    Persistence
    Performance
    Profitability

    were patience, discipline and focus being the most important (trading psychology). Trading is stressful just like any other thing in life but can be mananage. i hope you found what works for you but listening to calming music, closing charts and walking is what works for me.

  11. #20
    Moderator Kolyo's Avatar
    I agree with you that trading may be stressful but it all depends on the perception of the risk and the level of confidence you have. When you trade with confidence, low risk and are persistent in finding high probability opportunities than trading is not stressful at all, it can be even relaxing to see that money comes in autopilot. To reach that level, there is a lot of practice, experience and patience necessary but it is achievable. For most newbie it seems like mission impossible but all depends on how you will approach it.
    "The goal of a successful trader is to make the best trades. Money is secondary." - Alexander Elder

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