I’ve had my justifiable share of getting my a** whooped round over time. The emotional ache connected to buying and selling is extremely actual to me.
Depressive phases, feeling inferior and never worthy, apparently being the one dealer on the earth that was not being profitable, you identify it.
Apart from having a, excuse the vanity, good understanding of how explicit markets transfer/function at explicit instances of the day, i’ve discovered that one of many greatest hurdles to beat for me was is trusting myself.
I don’t imply that from a technical perspective, or having the “proper” system. With any system, there’s a margin for discretion/error, and easily circumstances the place you skip the setup. That is the place this movement of not trusting myself kicks in nonetheless.
I understand that FOMO is a factor, and statistical proof of your buying and selling historical past ought to alleviate the FOMO feeling.
Personally talking, FOMO is just one of my signs that inform me I do not belief myself on a regular basis (though it has gotten quite a bit higher over time).
It is this fixed worry that buying and selling will fail, though I’ve taken many precautions, reminiscent of inflexible threat administration, and usually talking I’ve a whole lot of persistence to attend for the “finest” setups.
Regardless of having improved my outcomes over time, I can not seem to shake this existential worry, and correctly belief myself.
I puzzled if any of you could have had related experiences, and
1) would you thoughts sharing your expertise?
2) what did you do to beat/handle this higher?
In case you’re studying this, and really feel prefer it’s one thing you have been experiencing, however struggling to articulate (I do know a bunch of people that had been on this very boat with out with the ability to spell it out lol), simply be part of the dialogue and share your wrestle.