Done practice trading for the day. Spent the whole time working with FCX and I seemed dialed in on it. I have no idea why... I just felt tied in, even when I was down on one trade, I felt like I knew why and that it was coming back to me. It did, and I doubled up on it after it went positive. I did get out too early... actually I left a ton of paper-gains on the table. But, that is the mind working against me... after having been down on the trade and not trusting that I was ok in it at that point. I took a short afterward to get my head back into the stock, fading the huge pop at 1:15. I covered it for a gain and decided I have to get to my home construction duties for the rest of the afternoon.
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As I see my technical skill improve, I still have trouble fighting my emotions. Practice, practice, practice. It doesn't matter that I put up six paper winners for over a $1000. I felt weak at points... where I didn't listen to what my senses were telling me to do. I feel what I should do, but sometimes I don't act on it. And that is why I do not trade real money now.
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As I see my technical skill improve, I still have trouble fighting my emotions. Practice, practice, practice. It doesn't matter that I put up six paper winners for over a $1000. I felt weak at points... where I didn't listen to what my senses were telling me to do. I feel what I should do, but sometimes I don't act on it. And that is why I do not trade real money now.
