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Fast's Journal ($3,000 to $300,000) OR ($3,000 to $30). We'll see! - Page 4

post #61 of 62

what mistakes did you make? How do you plan on fixing them in the future? Will you continue trading on paper at least or are you taking a hiatus from trading altogether for a while?

post #62 of 62
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Quote:
Originally Posted by Bermudan Option View Post

what mistakes did you make? How do you plan on fixing them in the future? Will you continue trading on paper at least or are you taking a hiatus from trading altogether for a while?

 

I didn't make what I'd call a genuine mistake.  It's more like purposeful stupidity.  I mean, it would be kind of disingenuous of me to say it was a mistake when my behavior is intentional.  I'm in a hurry, and I'm taking chances that lie outside the scope of my rules, and when I reflect on this, the truth of the matter is that I realize making any substantial progress is going to take a long time.  So, the culprit is impatience, which is kinda uncharacteristic of me.  I see others making huge gains, and if I follow my plan (which has come a very long way, I might add), I'll be more like the turtle that is slowly yet gradually moving in the direction I need to go.  In fact, just before I read your post, I was about to jump in again on something that I FELT would give me a boost, but as I write this, I cringe at my own words because unlike some, I actually do know better.

 

To fix the problem, I'm simply going to have to grow up and accept the fact that disciplined trading is my only realistic hope of successful trading.

 

No, I won't be trading on paper, and no, I'm not going to run away.  I'm going to trade my plan the best I can from this point going forward.

 

I offer a sincere thank you for your contribution.

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HotStockMarket › Forums › HSM Stock Forum › Trade Journals & Stock Tips › Fast's Journal ($3,000 to $300,000) OR ($3,000 to $30). We'll see!