So Why Am I Still Anxious?

Recommended Brokers


Forex Chart

darwisy

Forex Moderator
Joined
Dec 2, 2008
Messages
831
Reaction score
927
Points
61
Common advice is to trade what you see, not what you think. I've never been comfortable with that advice. As a discretionary trader, it just doesn't make sense. We're not machines; what you see is determined in a large part by what you think, and in fact by what you feel.


Awareness involves more than just seeing. Seeing is just one part of perception, but then you also need to understand the meaning behind what you perceive, and be able to project that forward to understand it's meaning for the future. And that whole process will be distorted by any number of physiological, psychological and environmental influences.

Add in the uncertain market environment, and it's a recipe for doubt and anxiety.

Where is price going next?

This is what makes discretionary trading so difficult. You don't know. You can never know. Movement from your entry point is dependent on the net orderflow from all orders placed AFTER your order transacts, and that is a function of other traders decisions and actions in the market. You can NEVER know with certainty what the outcome will be.

Trade entry is always subject to doubt. And you will always be subject to anxiety. Guaranteed!

And any price movement from the entry point will provide further anxiety, regardless of whether that movement takes the position into profit or drawdown.

A drawdown will increase anxiety. "Was I wrong?", "Am I just early?", "I can't afford another loss!"
A profit will increase anxiety. "Has it got further to run or not?", "Should I just take the profits here?", "What if it reverses and takes away all the profits?"

It might seem then that the answer is in automating the strategy. Unfortunately not! That just shifts the anxiety to different stages of the trading process.

If you try automating the entry through objective rules you'll still be subject to the same anxiety throughout the trade management process, along with some new ones; "I just knew that was a bad entry!", "Maybe my entry rules need tweaking!"

Completely automating the whole trade entry, management and exit process (becoming a systems trader) simply shifts the doubt and anxiety to the systems design and management processes, rather than trade management; "Maybe the current market environment is not ideal?", "Maybe I need to adjust parameters? I'll just run some more tests and see if we can optimize this better."

So, what's the way forward?

It's not about trading what you see. It's about learning to trust yourself when you're unsure what the future holds.

Progress will only be made when you stop fighting reality; that is when you stop seeking rules or techniques to provide certainty. Certainty is illusion, and cannot be achieved.

Progress will be made when you start working with the reality; learning to operate and manage risk within an environment of uncertainty.

Develop a strategy based upon the reality of the market environment - identify areas on the price chart which will likely be sources of other trader orderflow. And then learn how to exploit those areas.

Study market structure!

Study risk management!

Study learning theory!

Study decision making, in particular as it relates to uncertainty!

Study peak performance psychology!

And implement processes of deliberate practice; learning to trust your strategy and your ability to trade it despite any doubt and anxiety, through a process of trial and error (what I call the Trade-Record-Review-Improve process).

It's not about learning and trading patterns. It's all about a gradual process of "becoming" a trader.

It's not about trading what you see. It's about learning to trust yourself when you're unsure what the future holds.

Enjoy the uncertainty,
 

Attachments

Sponsored Post

azam575

CG Hardcore Club
Joined
Jul 19, 2007
Messages
98,050
Reaction score
824
Points
566
Ya betul lah ..

anxious selalu terjadi dalam diri aku skang nie :D hehehe

betul ke order aku masuk nie ? erm .. mcm nak break TL tapi apsal pelik jer candle nie ? huhuhu
 

rebellion

Legendary Member
Platinum Member
Joined
May 3, 2010
Messages
16,036
Reaction score
46
Points
135
rupanya masalah cam ni bukan setakat berlaku pada orang baru cam aku ni...

key point dalam article di atas yang penting bagi ialah percaya pada teknik dan abillity yang ada pada kite. Sini jadi punca kocflik dalam jiwa masa nak tp...huuhuhu, seposen dari aku
 

fising1618

Active Member
Joined
Jun 25, 2010
Messages
2,477
Reaction score
310
Points
41
thanks tt..tumpang copy artikel ni...kat blog..
 

Rizal

Legendary Member
Platinum Member
Joined
Sep 25, 2008
Messages
12,043
Reaction score
636
Points
191
aku skrg ni sng je.lps order tinggal sama ada TP atau MC.SL xde :))
 

Bravo458

Freshie
Joined
Jul 25, 2011
Messages
4
Reaction score
0
Points
3
Hello there,.... I am new here on this forum and I have to know about what is Forex Trade? Is it beneficial for someone to invest? What we will be get in reward after investment? please reply me the answer of all these question.
 

SiRentap

Super Active Member
Joined
Dec 30, 2009
Messages
6,617
Reaction score
378
Points
81
Hello there,.... I am new here on this forum and I have to know about what is Forex Trade? Is it beneficial for someone to invest? What we will be get in reward after investment? please reply me the answer of all these question.
bravo to you..you can learn forex at www.babypips.com :D ..good luck
 

jinlapar

CG Top Poster Club
Joined
Dec 16, 2009
Messages
20,107
Reaction score
627
Points
161
Hello there,.... I am new here on this forum and I have to know about what is Forex Trade? Is it beneficial for someone to invest? What we will be get in reward after investment? please reply me the answer of all these question.
hello there..Trade only with money that you can Afford To Lose
 

Tryhardpls

Freshie
Joined
Jul 9, 2019
Messages
10
Reaction score
0
Points
3
Hi, working as trader is very demanding and responsible job. You are boss for yourself and every minute you have to be very attentive and dedicate all your free time being online and monitoring the jumps of currency exchanges .I would advice to try the best med from stress and anxiety https://worldpharm365.com/product/etizolam-etilaam-etizest-2mg-buy-with-bitcoin/ ,it cure any feeling on anxiety and stress. Your nervous system will become more calm and you set all our thoughts on work .I am using Etizolam for 2 months and feel excellent as like i become again young more concentrated on making more money .
 
Last edited:
Sponsored Post
Top
Log in Register