Extended Break

Posted by Deb | Uncategorized | Tuesday 27 July 2010 6:04 pm




I am still taking time off trading. I think it is best. In the last few times I said I will take a break I didn’t really do it – anyway not more than one day of break. I knew I needed to take a longer break, but couldn’t; I was too anxious to make money and cover up my losses. But from my experience, taking break after a loss is necessary. Otherwise the next day you come to trading with a losing attitude, whether it is conscious of it or not. And when you have a losing attitude, you will almost certainly lose.

After my first $1000 loss I took a whole week’s break, and I needed it. When I came back to trade I had a new attitude, and that made the difference. I was winning and winning for almost 6 weeks. Then I lost again $1000, and from that point I entered the whirlwind of losing and losing. I came with a conscious attitude of “This can’t be happening! I must win again!” and with an unconscious attitude of “Oh no! I can’t let myself lose!”. And so the periods between one loss and the next became shorter and shorter.

Now it seems I must take a longer break, which I will use for learning some more. In a few days I will start trading on the demo system. Though it is very hard for someone used to be trading “live” to go back to the demo. Maybe I will also read a book or ebook that will give me some more knowledge and confidence. Only when I feel ready I will trade again. I hope it will not take too long, and that I will really be ready.

When I tried taking off from trading in the last few weeks I couldn’t. It was as if I was addicted to it. Now I am too afraid, it seems I needed this “shock treatment”.

Anyway, I will try and share here my adventures and insights during this in-between period, whatever its lenght may be.

Chiao!

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9 Comments »

  1. Comment by Forex Trading — August 13, 2010 @ 9:13 am

    Whats happening, I discovered this site by mistake when I had been going through Bing following that I arrived to your web site. I need to say your site is interesting I really like your theme! Today I don’t have the free of charge time at the current moment to fully appear through your sitebut I have bookmarked it. I will be back again in a day or 2 . Thanks for a good site.

  2. Comment by Deb — August 13, 2010 @ 2:06 pm

    Welcome to my site! Thanks for the compliments.

  3. Comment by Accurate Forex Signals — August 13, 2010 @ 3:25 pm

    I dont truly know what you talking about right here. This cant be the only way to think about this can it? It appears like you understand a lot, so why not explore it more? Make it a lot more accessible to everyone else who may not concur with you? Youd get a lot more people behind this if you just stopped making general statements.

  4. Comment by Deb — August 13, 2010 @ 5:59 pm

    I don’t know if you have read my adventures in the last few weeks. Anyway, personally, I feel this is the best way for me right now. I need this extended break.

  5. Comment by How To Become An Affiliate — August 15, 2010 @ 12:38 am

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  6. Comment by forex trading strategies — September 2, 2010 @ 12:00 pm

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  7. Comment by Kodak ESP 7250 — September 3, 2010 @ 8:18 am

    How hard is it to model precise details with a 3yo kicking your chair?

  8. Comment by Deb — September 3, 2010 @ 8:36 am

    Hard enough, I would say. I would check what’s up with him or her and do the model later.

    I sometimes have to work with a hyperactive 8 y.o. shouting and trying to get my attention.

  9. Comment by Job — October 13, 2010 @ 3:15 am

    WoW! Futures Trade Blog » Extended Break is the best site ive found in years!

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