Jump to content
  • 0
Sign in to follow this  

Do you ever ‘force’ motivation on yourself?

Question

I find it difficult to get back into trading after an extended break. 

Does anyone else? 

Does anyone have any methods for getting interested again? 

I feel like I want to but I guess I’m just a bit demotivated and deflated (other things in life ehy). 

Many suggestions appreciated. 

Share this post


Link to post

2 answers to this question

Recommended Posts

  • 0

yes @PandaFace, a common problem, the best solution is to chop down position size, chop down time frames, look for market direction, look for entry points and go for short sharp bracket order trades (entry, stop loss, and limit all in one) with the limit being within easy reach.

Lots of little trades with a good success rate gets you back in the swing and also gives the market time to sort itself out after the interruption. After a week or two of this both you and the market will be more in tune and you will have had time to get a better overall understanding of the current state of play on the higher time frames.

 

  • Like 1

Share this post


Link to post
  • 0

@PandaFace,

I am not a short term trader apart from on Cryptocurrencies when I was day trading them during the big rise last year.

I have a slightly different view. As my trades could last days, weeks or months depending on the trend then I find that I normally always tend to have positions in something or another even during extended breaks unless there was absolutely no opportunity to trade which is rare when you trade both long and short. 

For me you have to want to trade from the mind and heart. It should not be forced as this can lead to at times ineffective decisions. However, I at times make these even when I am wanting to trade from the mind and heart. LOL. 😀

I would not force it upon yourself. Let it come naturally. What you can do which sort of links with @Caseynotes is to still continue following the markets, price action and trends of certain assets and keep in tune by watching, reading and possibly conducting some research. This may help you get your motivation. If still not then I would wait on the sidelines until it comes back. I would not recommend risking capital when you are not motivated. Trading is hard enough to consistently make profits, trade after trade and the condition of the mind and mentality at the time is very important.

Share this post


Link to post

Join the conversation

You are posting as a guest. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
You are posting as a guest. If you have an account, please sign in.
Answer this question...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Sign in to follow this  

  • IG ISA Season

  • Member Statistics

    • Total Topics
      6,387
    • Total Posts
      28,389
    • Total Members
      37,262
    Newest Member
    Tureac
    Joined 20/03/19 17:50
  • Our picks

    • APAC brief 20 Mar
      Another trade-war headline downs sentiment: There’s some news floating through the wires that sentiment has taken a hit overnight courtesy of some unfavourable trade-war headlines. It’s been reported that Chinese officials aren’t co-operating with their US counterparts, as it applies to certain sensitive elements of trade-negotiations. The S&P500, which had been developing some intraday momentum prior to the release, has retraced throughout trade, consequent to the news. It’s closed flat for the day, but despite this fall, moves in rates and bond markets suggest the fundamentals currently remain the same. The all-important balance between financial conditions and growth expectations is still there, ultimately supporting the bullishly inclined, as markets now prepare for tomorrow morning’s meeting of the US Federal Reserve.


      The unresolvable issues: It’s perhaps an assumption alone, but the (very vague) report leaked to the market about trade negotiations surely pertains to one of the well-understood, seemingly intractable issues embroiling the US and China. Those, at its core, unrelated to economics, but to strategic, and somewhat philosophical differences. These are intellectual property theft, currency manipulation, and Chinese military posturing in the Asian region – especially the South China Sea. These differences are relevant because they boil down to brutal power-politics, and an essential clash of ideologies. This isn’t to suggest a trade-deal, and future bilateral cooperation can’t exist between both parties; but that whatever deal is struck, it’s unlikely to put an end to geopolitical tensions.
      • 0 replies
×
×