Money is an emotional subject and same goes to trading

1.Money is an emotional subject since it will make us sometimes irrational when we make decision on it.

2.Trading is an emotional subject since it involves money.

3.Greed of making more money and fear of losing money is influencing a lot of people in trading. They take unnecessary action like over trade or ignoring the signal from trading system. They end up losing money & losing the opportunity that they should had in the first place

4.I used to be so emotional in trading, during my early days in trading (including when I trade stocks, Futures, and Commodities). I made a lot of mistake and lost huge amount of money.

5.On that time, I trade using ridiculous time frame like 1 hour, 30 minutes and even 15 minutes. End up, I was following the market closely and creating unnecessary stress to me.

6.I was following news from CNN, Bloomberg and many other sources. Creates more confusion and sometimes news were contradicting each other and again made me indecisive.

7.Then I thought I found the holy grail when I saw the list of indicators like RSI, Bollinger Band, MACD etc. Yet I was exploring hundreds of them and have no faith in them and I cannot hold my position since I did not trust the indicators in the first place.

8.I am lucky because my persistency of looking for the right way to trade paid off when I trade using " Trend Following System".

9.To be honest, my confidence and trust in "Trend Following System" does not come overnight. I demo trade for one year, mix with the right people, start small with live account and increase the capital gradually.