The support forum is built with (1) General and FAQ forums for common trading queries received from aspiring and experienced traders, and (2) forums for course video topics. How to Trade Price Action and How to Trade Forex Price Action videos are consolidated into common forums.
Brooks Trading Course social media communities
Brooks Trading Course Learning Resources >>>
Hello, my name is Jean and I bought the course about 1 month ago. Before buying the course, I already had lost 75% of my account from January 2024 to November 2024.
I can already see a difference in my trading since I bought the course as I'm trading "I don't care sizes" and take only 3-4 trades a day (instead of 10-15).
The problem I have is that I'm a perfectionist (and a sore loser) and when I have a bad day, I tend to feel discouraged and wonder if I'll ever be able to make it as a full time trader. I feel I should be profitable after trading full time since January 2024 but I am not. I do NOT want to find a job as I've been self employed for the last 20 years. I was pretty successful until I started trading 🤣 🤣
I started to see a counsellor to help me with my perfectionism because I can see that it's not helping me. I know the probability of having a winning trade is 40-60% but I have a hard time accepting the losses sometimes, especially when I make a few mistakes in a row, I feel like an idiot.
Anyone having this issue?
Thanks for reading me, it helps to write about it!
Work on being perfect with trade execution, that you control.
Let go of what you don't control, probabilities.
I think losses weigh on the mind more for those that don't fully believe in their strategy. If you have a strategy that you have thoroughly tested and fully understand, and have full belief in it, the losses that come along the way shouldn't put as much doubt in your mind (imposter syndrome) nor should it make you upset since you executed the strategy you believe in.
So, I'd say get more clarity on what the strategy is, and get more confidence in it.
Thanks!
I read Al's book Reading Price Charts Bar by Bar, in Chapter 15 he talks about if you're not making money, stick to one or 2 setups and just trade those, that's what I do. Also stick to the first hour or 2 of the day, for me that's the easiest time for trends. I have traded for a long time, but I joined this website after reading his book this fall and I spent November in the trading room (not in it now, I figured out my method but the room gave me some pretty good insight). I think the easiest way to trade is the always in style, be with the trend, avoid trading ranges and barbwire. I can hear Al in my head ("you have to get in on this trend"), I watch at least one video a day. You have to find a style that matches your personality (do you like breakouts, pullbacks like H1 or H2 setups, fades, whatever). You will take losses, that's just a fact, they never feel good, just keep the risk small, the market is going to do what it wants. Study and back test your setups so you know what to expect. Good luck!
I read Al's book Reading Price Charts Bar by Bar, in Chapter 15 he talks about if you're not making money, stick to one or 2 setups and just trade those, that's what I do. Also stick to the first hour or 2 of the day, for me that's the easiest time for trends. I have traded for a long time, but I joined this website after reading his book this fall and I spent November in the trading room (not in it now, I figured out my method but the room gave me some pretty good insight). I think the easiest way to trade is the always in style, be with the trend, avoid trading ranges and barbwire. I can hear Al in my head ("you have to get in on this trend"), I watch at least one video a day. You have to find a style that matches your personality (do you like breakouts, pullbacks like H1 or H2 setups, fades, whatever). You will take losses, that's just a fact, they never feel good, just keep the risk small, the market is going to do what it wants. Study and back test your setups so you know what to expect. Good luck!
Thanks Greg, I appreciate your feedback!
you're welcome! good luck!
