the system was not working, not your brains. You have to expect for such DD when have a 94% accuracy. So your MM was wrong. Those systems with such accuracy arrent traded like that, you have to split your acc and use MC as your SL. But i think you wont understand anyway...
I realised that buying a system would not work and have spent thousands of hours studying me and how I react to what happens on the charts. People do not realise how we fool ourselves into what we see. Trading is like an optical illusion and we don't 'see' it until we're out and sitting on the sidelines. Thus we are 'ignorant' to the process of our we got there. It's hard work but worth it to know that when you are making consistently good trades it's because you know what you're doing.
hey nice share. I went through this phase, i was doing $50/ per pip on FX as a newbie, first day made 30% Roi guess what in first week blew up my 10K account. Thx to ppl sharing info like urself, I am more stable, looking to get back in market
the system was not working, not your brains. You have to expect for such DD when have a 94% accuracy. So your MM was wrong. Those systems with such accuracy arrent traded like that, you have to split your acc and use MC as your SL. But i think you wont understand anyway...
dailyforman 3 months ago
VERY INFORMATIVE. THANKS
mnaddour1969 1 year ago
I realised that buying a system would not work and have spent thousands of hours studying me and how I react to what happens on the charts. People do not realise how we fool ourselves into what we see. Trading is like an optical illusion and we don't 'see' it until we're out and sitting on the sidelines. Thus we are 'ignorant' to the process of our we got there. It's hard work but worth it to know that when you are making consistently good trades it's because you know what you're doing.
pattib56 2 years ago
thanks for sharing Mike,
I am lost here! is it finally about having/following a great system as your quote from Bob Pardo or it is ALL about upstairs,mind and psychology?
Mike3gdc 2 years ago
it took me 4 years , and $100,000 to agree with this video , your right on!
advancedframing 2 years ago
hey nice share. I went through this phase, i was doing $50/ per pip on FX as a newbie, first day made 30% Roi guess what in first week blew up my 10K account. Thx to ppl sharing info like urself, I am more stable, looking to get back in market
clever786 2 years ago