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"Just Oil"

Chikot
Aug 22 2011 at 08:04
2299 posts
I am having an appointment at 11:00 a.m. so, i will miss New York , may be altogether.

Chikot
Aug 22 2011 at 08:06
2299 posts
There will be another opportunity.

FX Raider (FXraider)
Aug 22 2011 at 08:06
50 posts
Just daily rat race sort of stuff. Comes with the territory, the real lesson to be learned is how you handle it psychologically and place those thought somewhere else and focus on the upcoming. Trust me, that is the best lesson to take out of it. This will happen throughout your trading career and I can't remember how many times I've been in a similar situation only to let it impact that day's trading.

Those little creeping thoughts in the back of the mind are more power than we realize. Trading really comes down (After you technically have it down and understand your system makes money) psychological discipline and mastery. The fact that I don't know of 1 decent Forex and Oil trading online 'training' that focuses on psychological should speak volumes for the so-called 95% club!

Live to trade another day...
Chikot
Aug 22 2011 at 08:08
2299 posts
LOL, I am currently thinking same thing. it might be another opportunity around the corner. Just need to stay alert now. trend line, daily and Friday's highs. it can be interesting.

Chikot
Aug 22 2011 at 08:09
2299 posts
I already stated this in my thread that psychology now is the most important.

FX Raider (FXraider)
Aug 22 2011 at 08:11
50 posts
It's almost beyond strange. If you keep yourself in the 'flow of opportunity' mindset (There are books on it, etc), you end up making a lot more pips. In the 'zone' so to speak as Mark Douglas would say in his book 'Trading in the Zone' (highly recommended if you haven't read it, or 'Market Wizards')

Live to trade another day...
FX Raider (FXraider)
Aug 22 2011 at 08:13
50 posts
Chikot, I have something really special for you.. here are two interviews with Mark Douglas. This is BEYOND helpful for psychologically. A must hear/see:

It is 7 parts, it is excellent and will keep you engaged.

Mark Douglas - Mind over Market (1/7) -





** Audio Interview June 2005 - https://www.woodiescciclub.com/Lectures/mark-douglas/index.htm

Live to trade another day...
Chikot
Aug 22 2011 at 08:13
2299 posts
Yes, I read that book. Very good one but too wordy for my taste. When I was reading it I did not have all the tools so psychology was not as important. Now I have tools and psychology is important. could have been out with nice profit by now.
but that's ok. we have a good range now even if it won't break I think there might be something else.

Chikot
Aug 22 2011 at 08:18
2299 posts
FXRaider, thank you. I will be watching it!
BTW, the guy who traded stocks on Fear and Greed thread had undergone hypnosis sessions to improve his trading psychology.
The guy is phenom.

Chikot
Aug 22 2011 at 08:19
2299 posts
You can google Fear and Greed trader. very interesting read and a lot of trading examples for stocks. pretty interesting stuff.

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