That’s what I am saying too buddy.Did you ever read my comment properly?
His comment seem like it’s universally easy to be a trader.So why aren’t there so many people being profitable?
Fantasyland illness
My dude, take a breather please
Those comments seemed more like helpful suggestions rather than insults to your hard work and effrot
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Has anyone here used Lucid Trading as a prop firm? I’ve heard good things between that and My Funded Futures (like EOD Drawdowns for most accounts) so I plan to use one of those for my first eval when the time comes.
See, that is a better belief.
Feel free to make any assumptions about me that you like, which might be true or not true. I don’t care.
But trying to make people who come into trading “profitable trading is the hardest thing you’ll ever learn and do” is a pretty intense statement and belief which probably holds one more back then it enables you for success.
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Its easy to see who’s been on the road and who hasn’t.
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Let’s all calm down. Trading will come easy to some, difficult to others. And it’s okay, we all have our strengths.
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Phewww just closed my trade at 40% profit (see post above in the thread).
I’m happy that my plan worked. Now I need to write ii down with a huge amount of details. I noticed that I tend to derail from my plan because the way I wrote it was disorganized and had too many discretionary component (TP, entries, etc).
In high stress scenarios, I tend to lose my composure and it’s in those discretionary zones that I lose all my money and sabotage.
I need to be bulletproof.
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That’s one way to look at it, but I believe what Zlatan is trying to suggest is how people underestimate the intensity with which one must approach trading with. I swear, long term profitable traders have to live like athletes until they master their system down. It’s definitely one of the mentally hardest professions that exist.
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Some people come to it from a playful angle and „just want to trade a bit on the side“, I agree that this lack of seriousness might not predict long term success.
But it is not the hardest thing in the world.
It is tough, takes dedication, you really should understand the macro as well as fundamentals and technicals, you should know the times of the market when to trade and which market moving events are there, you should know when to trade and when to sit out due to low volatility in the market.
It is a career. An own field of knowledge. A special crowd of people who wait for the next FED decision like Apple fan boys wait for the next product reveal.
If you want to spend the time and effort to go into it, do it, but do not do it for just the money, do it for the person you need to become to be within the top 5%. You got to take it seriously otherwise the market will make a fool of you.
Guys,
I am sorry I didnt shed more light in my comment. No, I do not think trading is easy. In fact I have been trading for 10 years, easily more than most of you started trading here. I started before the hype, and I grind lime crazy, I studied more than 50 books, including brooks, I did alot of work.
And I dont think hard work or motivation is the key to consistent profitability.
I asked if anyone achieved more than 100k$ in profit to contact me because I am pretty sure they have a perception that I can learn from, I need to see things from their perspective .
It doesnt really matter if they get 100k$ from one trade or in a year or commutative,
Just the energy of having that kind of profits is what I want to learn from.
People love to give advice especially in trading, but being years in this field, I can tell most people are not aware of what they doing. So at least a profit of 100$k even if by accident can tell something
Hopefully I can replies from such individuals
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I passed another eval account.I passed one last week and this week another! A super great trade on MCL on Personal account so i took out $1000 today to pay myself.
Unfortunately One of my funded accounts i hit the PDLL of $250.It happens that’s why i like having multiple accounts to trade. Hard work and smart work pays off.
I am sorry if i was rude to anybody here. Its not my intention. We are all here cause we want to improve ourselves.
I got to less my micro loop from 3 min back to 1 min. Lately, I’ve been getting irritated pretty easily. I am a flawed trader/human guys! I am working to be better!
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Lucid trading are good buddy. Lucid flex are good for beginners. Be sure to use the coupon and join their discord(They run promotions there).Lucid is the cheapest and there are no activation fees. And they are only one time fee.so you can take your time passing the eval
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Since I closed that big trade I now feel unexplicable melancholy and sadness.
Might need external feedback on this, I’m confused as to why I’m feeling this way and what it means.
My theory is that I was highly activated with the trade and now everything dropped.
Edit : Maybe also success fear? I can close 40% trade and it’s not the first time I’ve had big hit like that, last summer one came up to 90% before crashing down. And another 35% up in September before crashing down…
@SaintSovereign any advice on how to dig on that one?
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It can be just the feeling of coming of that high?
Are you doing any journalling or processing to help you deal with those feelings? Otherwise might be the time to start one.
Doing some introspection not just on the feelings, but the origination of the feelings (and why) is probably wortwhile. Can probably do the same for times when you’ve hit the other extremes
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Congratulations on closing a strong trade!
Your theory on being highly activated is likely on the money, specifically with regards to dopamanergic reward-pathway activation.
I build in breaks after particularly activating trades to have time to restore my baseline activity. That dip below baseline causes depression, anhedonia, and irritability. This makes us engage in bad decisions in order to get that prior ‘high’ back.
Imbalanced dopamine levels significantly interferes with our ability to reason and make optimal decisions, which erodes success over time. (Aka it’s the primary driver of self-sabotage)
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System was probably off balance, might have overdone it’s regulation back into “normal”.
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One of the best habits traders can integrate. The brain chemical aspect of trading has a massive effect on long-term success, especially with consistency.
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A strategy thats unsustainable as you have experienced. This will not work overtime. You experienced the highs and the lows and most likely now fearing another round of losing it back.
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Like the other replies stated, I believe that this is very similar to the gambler high off of dopamine that crashes immediately after. I experienced this feeling regularly back when I used to trade crypto.
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How is this going for you guys?
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