Comments on: The Most Dangerous Time to Trade

By: Roy Peters

Roy Peters — Tue, 18 Jul 2017 14:00:58 +0000

Done this so many times.
Glad there is a solution.

By: Ranil

Ranil — Thu, 29 Jun 2017 12:23:36 +0000

Thanks , i found a precious stone

By: Rosario C Songcuan

Rosario C Songcuan — Mon, 20 Mar 2017 13:41:19 +0000

Thank you Nial. I will make it sure to keep this in my mind everytime I trade, like a Mantra.

By: Tshepo

Tshepo — Sat, 04 Mar 2017 19:14:57 +0000

GOOD GUIDELINE NIAL,THANKS FOR SHARING THIS INFO…

By: Atul Kapatkar

Atul Kapatkar — Thu, 26 Jan 2017 06:22:36 +0000

After wining trade, confidence level builds and we are searching another opportunities of wining as emotional factor comes into picture. As a result we lose the winning money.
This is the best article for over-trading.
Excellent…..

By: Ruben

Ruben — Wed, 25 Jan 2017 11:15:35 +0000

“Over trading” is a very complex subject.

In other words, the frontier between over-trading and “good trading” is very blury

Specially in the world of manual trading.

By: GODSPOWER

GODSPOWER — Wed, 25 Jan 2017 10:12:17 +0000

Good article….. Thanks Nial

By: Cashflow

Cashflow — Tue, 24 Jan 2017 19:33:22 +0000

I am guilty of this habit.Right Now I even have a trade I am waiting even to break even.Though I was done for today’s trading but didn’t know what pushed me to place a trade tonight.Hope I break even.The mistake has been made.I will try to take caution in future times.

By: vijay

vijay — Mon, 23 Jan 2017 15:26:23 +0000

Thank you very much Nail!
Very good lesson of a outstanding observation.

-Vijay

By: Amazigh

Amazigh — Sun, 22 Jan 2017 19:47:07 +0000

Yeah ..exactly sir…u put accurat definition .to the feelings i had after a winning trades

By: 100pipstrader

100pipstrader — Sun, 22 Jan 2017 16:14:26 +0000

Hi Nial! Everything you said in this post is actually true, and one that always happen to me personally. I have been ignoring my trading plan lately, believing I have masteted it. It looks like it is not the case since I had losing trade where the setup was completely unalligned with my trading plan. Guess this post is a wake up call for me and time to study my trading plan again. Cheers!

By: Lufuno mavhungu

Lufuno mavhungu — Sun, 22 Jan 2017 03:51:21 +0000

Big up ,Always learn new things from you, keep the flame up,

By: Lufuno mavhungu

Lufuno mavhungu — Sun, 22 Jan 2017 03:48:16 +0000

Big up, I always learn great trading philosophy from u, keep the flame up

By: Haroun Kola

Haroun Kola — Fri, 20 Jan 2017 23:34:08 +0000

I also find this in my trading very often. I can’t count the number of times in my trading after a successful trade, I place another trade very soon after. I’m now practicing your tip about stepping away from my screen for 24 hours after every trade, giving myself a break and doing something else.

By: vijayendra H P

vijayendra H P — Fri, 20 Jan 2017 16:31:47 +0000

Hi Niel,
This is my biggest problem.. Solution is still not convincing. We know all the edge but we dont know our emotion level. Very very difficult to over come this problem.
Any how thanks for bringing.
Thanks
Vijayendra

By: Ivane Zurabishvili

Ivane Zurabishvili — Fri, 20 Jan 2017 06:24:19 +0000

Hi Nial, thank you for very interesting article

By: Sthembiso

Sthembiso — Fri, 20 Jan 2017 05:56:39 +0000

I have seen this many times in my trading and it hurts so much. Thanks for talking about it Nial.

By: Alessandro

Alessandro — Thu, 19 Jan 2017 22:00:58 +0000

Hi nial
control my emotions It is my first daily goal. I gave myself the rule not to act on the open market. at the end of the day I analyze the charts and if I find a setup that meets the conditions of my strategy, I plan the opening of trade. thanks to your articles I built a trading routine and I improved my performances.

By: Thabang

Thabang — Thu, 19 Jan 2017 17:57:34 +0000

If it wasn’t for your teachings, I would still be in the darkness about Forex and the financial market. Thanks for this article and your priceless course. Thank you my Mentor, Salute.

By: Dwayne

Dwayne — Thu, 19 Jan 2017 17:16:49 +0000

Very good article Nial I think that has been my biggest struggle and I can personally attest to that a trading plan is essential in trading whether you think you are good or not it is the voice in your head Thad will stop you from making that leap of regrets so to speak

By: Jags

Jags — Thu, 19 Jan 2017 16:18:05 +0000

Nice article, one need to pinch self to realize the current emotion. I wish we had a refresh button to clear emotion and start over.

Here is my thought, feel free to comment.

Once we have good trades and made some profit, is it advisable to withdraw your profit from trading account. Like resetting your account balance to even, I believe that gives us a feel to be always caution. Advance trade as if you are starting over.

By: Amir

Amir — Thu, 19 Jan 2017 15:34:26 +0000

That’s why I trade the End Of Day on the daily charts..
So trades are less frequent and there is plenty of time between trades..if u win or lose.
I feel about winnings the same as for losers, what is important to me is to keep the margine level high enough to complete the trade, not how much money i made. You do the work and wait for the end of the month for ur paycheck..

By: Simy Sadoun

Simy Sadoun — Thu, 19 Jan 2017 14:58:27 +0000

Hi Nial,

Interesting observations and analysis

Thank you,

Simy Sadoun

By: Mario

Mario — Thu, 19 Jan 2017 14:13:29 +0000

Thank you Nial ! …
This lesson reminds me to add to my trading plan to enter half pin or quarter pin in a volatile market …

Dopamine is also what keeps people and especially teenagers addicted to video games, to Facebook and Twitter … It’s that addictive ! …

By: Ernest Mashego

Ernest Mashego — Thu, 19 Jan 2017 13:53:37 +0000

Hi Nial,

Thanks for the insight. I fully agree that euphoria of winning is a problem. I lost 80% of my trading balance account and I am highly devastated about the loss. Everything was going well in the past weeks and I was hoping to reach my trading volume this week with a view to start enjoying my trades savings.

Regards, Ernest

By: Tarun

Tarun — Thu, 19 Jan 2017 12:59:41 +0000

Hi Nial

Very nice article indeed.

By: mzwandile

mzwandile — Thu, 19 Jan 2017 12:49:19 +0000

thank u so much,U are a true and wise trader.i suffer from such dopamine and as a result I’m still stuck on an amount less than I started with,that is after I had multiplied it by 12 times…..my heart collapsed everyday when that happened n I had to stop reading for weeks.. …again boss thank u

By: Lawson

Lawson — Thu, 19 Jan 2017 12:26:56 +0000

Thank u so much Nial. I’ll keep this in mind.

By: Ummer

Ummer — Thu, 19 Jan 2017 12:24:57 +0000

Love you Nial

By: Mojalefa

Mojalefa — Thu, 19 Jan 2017 11:59:26 +0000

Why didn’t you publish this last week :) … because this week I stupidly entered GBPJPY trade and it hit me just when I was happy. The panic emotion activated immediately

By: Andy Moore

Andy Moore — Thu, 19 Jan 2017 11:38:12 +0000

Hi Nial,
Thanks for this. I would always, always look for a new trade on the euphoria of winning a good one. It always, always ended with me becoming angry with myself for losing it all again. Since taking your course and learning the principles explained I have managed to avoid that now. I always, always look for the right signals at the right time. I have not over traded as I would have done before your course.
Thanks to the principals covered in your course, my mini account is back up to where it should be. I feel far more confident with your set and forget approach. You make trading so simple it is a huge stress relief.
Thanks, matey. Really appreciate all you do for us.
Best wishes
Andy Moore