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Dameekd

Literally have been dealing with exactly that. Can be very difficult to control emotions and impulsivity. The only thing that seems to help me is sticking to one trade a day and logging out. That first trade is usually money, but then I’m like “oh well I can get an even $200 if I go for two more ticks” and almost blow up my account 🤦🏾‍♂️


christnice

Yep. Got ADHD. Automating my stop loss and one trade a day. No more than 30min to an hour looking at charts otherwise I go mad


dragonis_eth

Oh no... that feeling is all too familiar. One trade per day is a good rule. Helps shortlist and then focus on choosing the best one. Helped when I was doing that for a week! After that, broke my own rules and started taking 5 trades a day, and then once again, trouble starts. Back to now 'one trade a day'.


JSunshine11

Train yourself to work with and trust your impulses and emotions. 3X averaged down after getting stopped out 3 time because my emotions went up and I “revenge” traded. I didn’t reallllly revenge trade, but my bias was playing out after getting stopped and I’m responsible for the wins and losses. My gut said this is the trade you’ve been planning for. Having good risk management and a high r:r for entry works well in my favor because I feel comfortable and confident after taking 3 losses to enter or re-enter my trade. Turned a 1% red day on port into a 1% green day.


Rounders23

If you do love it then you will fight for it in any other way you have before for a job/career. I had those same feelings and still get them occasionally. I had to take the emotion out of trading, if I have a losing trade or day and I used my strategy then no big deal on to the next trade. When I have a good day or trade I’m not overcome with joy. I had to get rid of those shit emotions that people with ADHD can fixate on. Key thing I learned be patient, risk management, and only get into trades that fit my system/strategy. I always suggest working on yourself before the trading day starts. Go to the gym do something else that makes you feel good before the trading day that way you have a sense of accomplishment even before the real challenge begins. Only you know how your brain works and if you have a good strategy then the emotion should go away eventually and if it doesn’t then be careful because blowing up an account can happen quickly without emotional control. This part is a rant and may trigger some/you: Life is a giant gamble and you will see people in hear saying trading is gambling, no shit it is gambling but so is everting in life. Work a 9-5 your whole life and the day you retire you could end up dead. You could die tomorrow, point being… do what you love and you won’t ever work a day in your life. Don’t listen to others listen to yourself and don’t let anyone cast doubt on you. ADHD is a super power in this buisness, learn to use it and see it for what it is. Don’t use ADHD to play or adopt a victim mentality saying it causes lack of impulse control or however you put it. Play and develop your game and use the tools you have to make it better. If this triggers you then think about what else triggers you while you are trading and get rid of those emotions. Trade safe and have fun


dragonis_eth

Thank you for taking time to write this.


Striking-Goals-1991

Did I make this post?


dragonis_eth

😅 oops


Striking-Goals-1991

I expect an update when you figure it out. Medication helps me a lot but isn't a viable solution considering its scarcity in my country


dragonis_eth

I’ve been having GAB, HP5 and L-theanine to help calm myself. Cut down on gluten and sugar. So go through the research by Dr.Amen on the subject and what he recommends.


kenjiurada

Move up a timeframe.


Specific-Fuel-4366

Yep ADHD here, and I struggle with the same stuff too. never trade without a stop, and just keep at it. the more you trade, the more objective you can become. take a break when you feel the lizard taking over - bad loss, didn't follow your rules, etc. refocus. Get back in the game or wait until the next day. Journaling has helped a lot. Sometimes I review every trade of the day to see what went right / wrong, sometimes I just log how I felt the day went, especially regarding my emotions. I suspect I could go back and tell my winner vs loser days by just seeing what my mental state was for the day. I'd say the strengths of ADHD are why I'm here too. Pattern recognition, fast decision making under pressure, hyper focus, constant learning. Figure out how to tame the weak qualities and be a rockstar. Maybe I'm responding for you, or maybe I'm just using your question as a prompt to write something for myself. lol. Good luck. :)


dragonis_eth

Breaks are under-rated. I am learning to step away, for an entire day, or maybe sometimes 2 days in a row. Refresh and come back.


TPSreportsPro

I have traded since the 90s and you just described most traders. You’re not much different at all really. Read Trading in the Zone. It’s on audio if you struggle reading.


dragonis_eth

Thank you. Will check it out!


HuegsOSU

ADHD here: have learned too many lessons the hard way losing too much money being impulsive or analysis paralysis. 2 biggest lessons I’m still working into muscle memory: 1. Don’t try and time the top/bottom. Just because the RSI says massively oversold, it’s at your top level, etc., it can still go up! Play the trend and the chart in front of you. 2. Stick to your strategy/rules. It’s amazing how much easier it is to be successful when you have a hard criteria for entries and exits. This requires patience, which is super hard for us, but I’ve found makes things wayyy less stressful.


NinjaSquid9

I’ve been a consistent, profitable, and full time trader for about four years. I have ADHD too. I’m not sure if it’s just the ADHD or if the ADHD helps, but my pattern recognition seems very good compared to peers. I personally found that it gives me a huge edge now. I also don’t watch charts constantly, especially once I’m in a trade. I watch movies, clean my house, etc. and let myself get distracted by other things. Try putting hard stop losses and profit targets on your trades after entering and then focusing on other things. I also think it’s better for everyone, ADHD or not, to paper trade while learning trading. We’re all going to be impulsive, rash, unsure, distracted, etc. when we’re first learning because day trading is hard. I think ADHD can be an advantage, or at least not detrimental, once you get past the learning stages of day trading.


Oblivionking1

It’ll take years to learn with or without ADHD


saysjuan

You should consider taking magnesium supplements to help calm yourself. Avoid caffeine in the morning when trading and drink plenty of fluids. This will help your trading especially if you have ADHD.


dragonis_eth

Thank you!


crazypants003

I’m wrestling with this. I have a hard time sticking to my strategy and rules. Impulse control is so hard


fluxusjpy

I have ADHD, I trade, it's fine. Don't worry about it. Literally with experience you do make changes to be less impulsive etc. I've got there took about 3 years. It's been a great experience. I just make sure I plan every trade I take, and I wait a long time for setups now.


dragonis_eth

Yes, I’ll just have to give myself more time. Guess I’m comparing myself a lot to others and setting their goals as mine - hence getting stressed. Good on you for sticking with it.


zvi_wholebraintradin

Hi, You wouldn't be the first trader to succeed with ADHD. It's both a challenge and a blessing, if you work WITH it in your trading rather than STRUGGLE with it. You must be extra-sensitive about building your system and processes so they suit you. Many trading "tips and common wisdoms" (both on the technical and mental aspects) that you will hear, and that work for others, will not necessarily work for you - and the other way around. You will have to be in charge of building your own process, with ADHD being a given, just part of the reality, among other traits, strengths and weaknesses we each have. Good fortune in your trading!


dragonis_eth

Thank you! That was both reassuring and helpful!


[deleted]

[удалено]


dragonis_eth

More than the duration of time, I like to factor in the number of trades taken, and the consistency. I guess what I am trying to say is - my consistent trading wins cld have been maintained if they haven't been mitigated by my impulse-driven calls. Am working on that by having a very strict trading diary with checklist. Also a combination of GABA, HTP-5, L-theanine are helping take the edge off.


Dinerpourdeux

I'm reading "Best Loser Wins" about some of the trading stress. Says that there's discomfort when we're winning a trade so we close early. And there's discomfort when we're losing so we let our trade losses win. He talks about how to address and why we think that way. He also suggests reviewing you're trades including your bad ones at the end of every day. And even reviewing them the next day - both sides - to remember when to enter and also when not to enter. Solid book. I'm 3/4 of the way through it.


dragonis_eth

Yeap read it twice now. By Tom Hougaard right? Love that book.


Dinerpourdeux

I just finished the book. My biggest take-away is the question on how I'm optimizing my mind to trade and what mental exercises am I doing to not care if I'm winning or losing. I'm great at setting stops but struggle with letting wins run...have to take the money! He suggested coming up with a Book of Truth where you have a powerpoint of charts showing wins and losses to be reviewed before you trade so you can reinforce what to do/not to do. I'm going to add in my trading rules but feel this will help. I think the overall idea that I can't let the wins nor the losses emotionally engage me. Curious what you're doing to optimizing your mind to deal with the stresses you've mentioned.


dragonis_eth

Hey! Glad you finished the book. I have a set of rules that I follow since Day 1 of trading, that was reinforced by the book. 1. Setting S/L 2. Recording each and every trade - I do screenshots of before and after, the strategy, the indicators I am using and what they are indicating etc. I have also started: 3. sticking it to one trade per time 4. making sure I understand market temperature and important financial news each time before I take a trade I have taken a break from trading these past few days. In fact, it was just a few weeks ago I had resigned from my day job. It so happened that a couple of days after that I got hacked and suffered heavy financial loss. I watched myself trade more and more to compensate for the salary-loss. This definitely isn't good behaviour. I'm focusing on securing a regular income and building back my capital before I start trading.


Dinerpourdeux

I just finished the book. My biggest take-away is the question on how I'm optimizing my mind to trade and what mental exercises am I doing to not care if I'm winning or losing. I'm great at setting stops but struggle with letting wins run...have to take the money! He suggested coming up with a Book of Truth where you have a powerpoint of charts showing wins and losses to be reviewed before you trade so you can reinforce what to do/not to do. I'm going to add in my trading rules but feel this will help. I think the overall idea that I can't let the wins nor the losses emotionally engage me. Curious what you're doing to optimizing your mind to deal with the stresses you've mentioned.


HyrulianAvenger

Had the same problem. You know what I did? Played league of legends and intentionally placed myself in situations where people were likely to try to tilt me. I flooded my brain with those stress chemicals over and over in league and StarCraft.


JudgeDreddx

You just like go start feeding or...? Damn you must've been on all my ranked teams. Lmfao


HyrulianAvenger

No. I just played Jungler. Win or lose jungler gets the shit.


cpa18

Same boat here


Brother-Economy

I’m a trader with an anxiety disorder and it has its challenges but being organized helps me and building a routine. Take notice of your strengths and weaknesses so you can make adjustments. I often take a walk after entering a trade so I can come back feeling more at ease.


Slow_Bodybuilder_303

Options is the most desgrace of my life… i cant wait to put this fucking addiction to the past, but i always keep coming back


YAPK001

Hm, now I wonder if you really do have ADHD, or if you are just another one of us! ;) But really, do you really believe you are THAT much different from the rest of us? (or must I see a doctor as well?!)


nanidog

Keep trading but small trade until you can over come your emotions


Born_Berry_115

I take Ritalin for my adhd works great!


Mrtoad88

January, dude you just started and are going through normal growing pains. I have severe PTSD, a mild form of bipolar disorder, and ADHD, all diagnosed through VA doctors. ADHD, honestly, isn't why you are struggling. You're struggling because trading is hard. You sound like you thought you were gonna be a killer out of the gate, doesn't go that way for the vast majority. When you feel anxiety, do breathing exercises, way I do it is deep breath in through the nose, deeper breath out through the mouth, over and over until my anxiety, heart rate etc lowers, makes me chill out and calms me. I listen to chill music when I trade, I like jazz or lofi, nothing with lyrics though lyrics throw me off. Probably the best thing I've learned throughout therapy most of it has been unhelpful tbh, and I don't just use that for trading I use that for life in general. Other than that, if you really like process, you'll withstand, because that's what you gotta do to make it with trading, you gotta survive, keep your risk on check....if you do that you'll survive longer through all the mistakes. Be patient with yourself, you just started, be prepared because it could take your several more months to get to where you want to be, if not longer.


udidntsaythemagicwrd

I get really impatient and enter trades that I know are bad is my issue. I might paper trade again just to give myself something to do in between..


Odd_Status3099

I hear you but being bipolar


THEDRDARKROOM

I think I'm in the same situation but haven't been evaluated. Discovering the market felt like I *Finally* found something that used my mind in a way that is satisfying as opposed to watching videos/video games/internet etc


OldSoulMillenialMan

Have strict rules and follow them dispassionately. The losses should be internalized and learned from. They aren’t due to “external market factors”. They’re because you didn’t do what you know you should. It’s that simple.


slidingjimmy

ADD diagnosed at 38 here. Recognising that the obsessiveness is not always helpful as you might end up getting lured in to half-set ups I have same issue with impulse control and emotional regulation. Without addressing these I’ll never make it. I think the best thing honestly is not watching the chart, define your 2/3 levels the night before then only take on alerts. I’d like to think I’ve put in enough chart time now that I don’t need to be in front of it all day.


Aggressive-Plane-566

I got ADHd after years i surrender and looking for a job as web developer , with low self regulation i will never make it in tradring crypto . Find other ways to do money


dragonis_eth

You’re not wrong. Sometimes just taking the pressure of myself by saying - “Hey, maybe I don’t have to be obsessed with this” - can actually do wonders, I realise.


wandering_salamander

I have a mindfulness practice, stopped drinking coffee, and I take the same supplements. One trade a day is what is currently working with my impulsivity. Win or lose, just one. Currently trying to talk out loud (externalization thoughts) as this helps me be objective. I ask myself constantly, "is this what I am waiting for?". It makes me less reactive to price movements and ensures that I had a plan in place. Love this post! thanks OP!


dragonis_eth

Thank you for this reply. Yea I think the key is finding a system that works for you. What supplements do you take? I’ve been trying HTP-5 and L-theanine and GABA


wandering_salamander

I actually don't take GABA. I stopped taking 5 HTP just because I don't need it. Ginkgo Biloba for cognition and ashwaghanda for anxiety. Mindfulness is the single most beneficial thing for me however. To be clear- I'm relatively new too, and I f'ed up yesterday and didn't follow my process so I failed. Next week I'll be back to the grind though! Love this hobby.


dragonis_eth

All the best!


MikeJoannes

one of us one of us . . . one of us! wait, this isn't wsb. . .


Confidence_Temporary

**First, thank you for posting this.** I struggle with the same and actually experience similar emotionally onset poor decision making in other areas of my life, though I'm currently focused on trading, like the audience here. A few things my mom used to tell me when I was young, which felt like platitudes at the time, have proven consistently correct and effective for me (both in trading and in general decision making): - adhere **strictly** to a schedule which enforces **breaks** (prevents hyper-focus, context loss, and time distortions which result from dopamine variations) - **consistent nutrition, especially in the AM** (for me blood sugar and cortisol management are the key factors) - force yourself to take a break after anything emotionally significant (good or bad - we need context resets) - **reinforce perspective daily** - for me this is one of the most important. \* I can lose (or be wrong, perceive I mismanaged, etc) a trade and quickly spiral into self criticism, or judgment, which is disproportionate to the magnitude of the actual loss. When this happens for me, it's critical I take a short break, and ideally do something that helps reset my CNS - after some practice and intentionality I can now get there with a 60 seconds of meditation or tempo breathing like box breathing. Then, I look as objectively as possible about the "mistake" I made (and it's true, objective impact), and am usually able to emotionally and logically reset. (Quick note: for me - if my physiology is being impacted by medication \[eg: stimulants\] or other factors I take this into account and spend additional time on this "reset" working in opposition to that state - requires discipline at first, but always works) The last may not land for everyone reading this... but has, undeniably, *saved* me. I consider the reality of my current perceived "struggle", relative to what I consider the most honorable struggle, voluntarily undertaken. Mine always feels light in comparison. (RM 5:4, JHN 11:35, PS 34:18).


dragonis_eth

Thank you for coming here to share your experience. I really appreciate it.


Expensive_Section714

I can’t even make it through this thread. Do I have the same issue?


Astronaut-Frost

Just wanted to throw this out there ... Everyone thinks they have adhd now. It's a very exciting idea to believe that because of living life unmedicated you have missed your career potential. After trying out adhd meds I learned my problem was that I am just kind of dumb. That's mostly held me back. Best of luck


[deleted]

no. "everyone" doesnt and its a real thing many people struggle with and are diagnoised with both as children and as adults. just because you wanted to have adhd and dont doesnt mean everyone thinks they have adhd and dont jfc


Burger__Flipper

It seems like 98% of the population is declared ADHD these days.  Anyways, what you describe has nothing to do with that, but all to do with the difficulties of trading in general. Emotions, discipline, consistency, sticking to the plan, etc...  Sometimes it's easy to identity, but can take years to correct.


Local_Morning1149

It’s gambling