Come across a few articles in the past on trading psychology. I'm always confident in applying my knowledge in practice. I know what I should do, but in trading, i realise, it's not easy.
Nearly repeat the mistake I once made 3yrs ago, entering into trade cuz' I have a good feeling about it. The entry order was triggered, and it moved in the direction that I wanted to. But it reversed a few minutes later, and without SL, i blow up my fund. A typical way of a gambler. =/
Yesterday, the same "good feeling" come to me. But the indicators that I set up was screaming "NO~!!!" To prove myself and to satisfy this "good feeling" of mine, I set up an entry point on my demo account, and went to sleep.
Well, the order isn't triggered, the wick of the candle is juz a few pips away from the order level. The pairs went down, and later went sideways the entire night.
"So, satisfied? Still feeling good?"
A reminder to myself, having "good feeling" to trade is the way of a gambler. I must put aside these type emotional trading way.
