SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Chip McVickar who wrote (22892)5/11/1999 2:14:00 PM
From: SE  Read Replies (2) of 44573
 
I hope your Live

It was and let me take this opportunity to share something with you. Whether it has relevance or not I will let you be the judge, but it was and still is my experience.

When I was paper trading, I would have taken the time ....even while a trade was live, to post, to look up that fork, to do other things. Did not bother me much. I smoked 'em when I was paper trading. Absolutley crushed the ball....but my attitude was very relaxed and that helped, a lot.

Now with a live trade, I won't take that luxury. I watch it almost every second. I refrain from posting and looking at new fork setups and everything else. I simply manage the trade. I am not doing as well with live trading, perhaps because me attitude is different. The switch from paper who cares trading to live real bullet trading is a big switch from the emotional side of the coin, and that is the most important side of the coin IMO.

The only suggestion I have on how to handle it would be to paper trade longer than you think is necessary to develop a real solid confidence in yourself and then when you go live, do so with small bullets. Do not jump right into the fray. Use the mini and get your feet wet and only move up when your real results almost match or do match your paper results.

BTW, don't stray from what brought you to the party either. If you have a paper trading method that works, stick with it and it only. Once you stray you start seeing losses and that will hurt. Then you will try something else new etc...etc...and when you come back to what you were doing originally, you will again see profits.

Hope this adds some value.....
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News