Читать книгу The Trader's Pendulum - Samuels Jody - Страница 12

Part I
Introduction
Introduction: Riding the Trader's Pendulum
Chapter 1
The Successful Trader versus the Average Trader
When Reality Kicked in: Paper Trading versus “Real” Trading

Оглавление

Fred took a portion of his savings and moved it into his active trading account. He felt a bit nervous trading with real money rather than just making trial trades. This uneasy feeling heightened when he quickly found out that the system that he had developed during his period of successful paper trading didn't seem to work as well with “real” money.

When he was making paper trades, he never hesitated to enter into a trade when he felt it looked right. Most of the time, he made successful trades. The win/loss ratio in his paper trading had been consistently above 75 percent. But after a few losses from real trades, he found himself losing confidence in the system he had set up from paper trading. He tried to make adjustments as he continued, but his win/loss ratio fell through the floor. Days went by with no net profits and Fred began to panic. Despite this, he traded every day, because as a day trader he needed to do this in hopes that his small profitable trades could accumulate over time.

Even more discouraging, Fred found himself glued to his computer as much as he used to be at his engineering job. He wasn't used to feeling like a loser. But Fred had to admit that it wasn't fun anymore. He once again felt trapped in a routine that sucked joy out of his life.

But he wasn't ready to give up. Not yet. He was determined to make his trading a success.

The Trader's Pendulum

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