Are You Suited to Trend Following

Discussions about personal psychology for the individual trader.

Trend Followers Profile

3 of 3
32
36%
2 of 3
35
40%
1 of 3
21
24%
 
Total votes: 88

Kiwi
Roundtable Knight
Roundtable Knight
Posts: 513
Joined: Wed Apr 16, 2003 1:18 am
Location: Nowhere near

Post by Kiwi »

No I'm not. It seems that making a nice living is more important to me than optimal betting so my bet size is a tiny fraction of my account. I do achieve the other statistics most days - and the days where I don't normally reflect poor discipline. Ultimately you would also get size effects that could cause problems especially on a rather thin contract like HSI.
CrAcKhOuR
Senior Member
Senior Member
Posts: 32
Joined: Sun May 07, 2006 11:03 am
Location: uk

Post by CrAcKhOuR »

High on acid ! :shock:
TrendsCatcher
Roundtable Fellow
Roundtable Fellow
Posts: 97
Joined: Thu Jan 10, 2008 3:28 pm
Location: Southern California, USA

Post by TrendsCatcher »

Average (2/4) on N
Low (1/4) on O
High (1/4) on C

I never had a problem cutting losses, but it took me 6 years to be able to let profit run to some extent and become a winning trader.

Now, a decade into trading, I still need to make an effort in letting profit run.

Anyone here has deep insight into the psychology behind an inability to let profit run?
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