Those who either know me, or are members of the Live Ratio Room know that I have a pretty calm personality. I wasn't always like this, but I've gotten to the fact where I really don't care about any individual trade. Don't get me wrong, like everybody else I love to see winners and would rather not see losers. But in the long run I understand that no single trade is going to make or break my career.  With that being said yesterday there  were a few trades that actually bothered me.  When the room opened yesterday we identified a few potential different trading opportunities. If I remember we had EURJPY, GBPJPY, CHFJPY, EURUSD and GBPUSD all on the longer term trading radar.  As the session went on I added both NZDUSD and AUDUSD to that list as well.  Now many of the JPY pairs were advanced pattern setups which meant an aggressive entry for me. However, EURUSD, GBPUSD, AUDUSD and NZDUSD were all structure and ratio based. I don't want to bore you with a long story but out of those four trades, due to my rules I was only allowed to get involved in one.  What stunk, was that out of those four trades, the one that  entered was the only one that didn't roll over. So I had to sit through a loss on this pair while watching the other three roll over into profit without me. Again, I'm a pretty calm dude so I din't break a computer screen or anything like that, but I did mutter a few "unprofessional" words and honestly felt a little sad for a brief moment.  I'm not sure if these reactions came from watching the NZDUSD explode up while the AUDUSD fell off a cliff (When does that ever happen?), or if it was the point that I was really happy about my analysis on GBPUSD spending a lot of charting time finding the perfect reversal spot, only to play the sideline.  Either way, I just wanted to share with you guys that us Professional traders get emotional too. We just don't allow it to affect our trading.  
4/12/2012 08:55:31 pm

"Professional traders get emotional too. We just don't allow it to affect our trading." Well said.

Nuno Leitão
4/12/2012 11:07:45 pm

Chill out man, the long run is all that matters!!!

4/26/2012 03:35:06 pm

2I think success has no rules, but you can learn a lot from failure.


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