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Paper money is one thing i did not do for long as it was excluding a crucial behavioral response that makes the difference between lasting and flaming traders -- you know what i am talking about --
System trading without this extra "feature" can turn bad once you stop paper trading.
I know for sure that when one gets out of technicals for a bit, or at least gives it a little less weight in the trading process, one can reduce the risk in a significant manner and take better decision. Technicals in the short term window have the bad habits to keep us away from the market reality IMO. as soon as i realized this and took a wider vision, it allowed me to "see" the pond with the fretting little fishes, agitating themselves with their systems...and below them you could see that slow-moving shadow....
But for sure, what ever you do, be it Tech or else :
-start small and stick to your plan. experience comes with steadiness.
-don t read too much
-follow every tick and analyse it
-place this analysis in a wider window (wk, mth, year)
-learn history and macro
-F*** Alan.
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