Scott: I don't pretend to know your system, don't pretend to have a better handle on what ails you than you do, don't suggest that I know anything about your situation at all, don't know you from a load of coal, but I'll offer you my observation, anywhoo....
Please excuse, if I've overstepped my bounds...
Many make good calls, from time to time.
But most seem to get tangled up in their own heads, more often than not. There seems a lack of confidence in the signals they get, or a lack of experience in putting on the position, or both. Tons of emotion, second guessing, equivocation, infiltrating indicators from folks who bop onto the thread, distractions abound.
If one has a simple system, which produces more winners than losers, or at least larger winners than losers, then they must play it...mechanically, without emotion for one week, say (or whatever time frame is appropriate), no more no less. No paper trading, do it for real...trade it. If it doesn't work, go back and find the problems, tweak it, adjust it, adapt other indicators, whatever.
The more trader/speculators read threads, news, newsletters, others opinions, the more they seem to gravitate toward distraction from the "system", whatever it may be. It is the nature of the beast, the nature of insecurity, fear and greed. It is what is most challenging, fascinating, painful and rewarding about trading, however.
Good luck. |
