Get into forex trading forum, they said

This is a good story. And we like to share it through. One of our trading team in Singapore decided to enter a forex trading forum at Babypips.com. The forum that we really appreciated because of its education content, consistency and longevity. You can go there by the way. Check that out. Very cool stuff.

Long story short, we never been in retail forex trading forum before — please bear in mind that we were working in trading institutions before entering this in independent journey. And so that member of us, the Singaporean one, thought that it would be good to get into the society forum. Which is nice idea. Really.

We heard though, from one of our psychologists when we worked at the banks, that retail trading society forum tend to be a bit aggressive due to its nature of “lonely” struggling. With their laptops, and dreams, that retail traders are facing up and down by themselves in a field of fear and greed.

They, sometimes or most times, getting lost alone; or when its getting good, no one cares. Because people around them will mostly say “what the heck are you doing, get a real job!”. We even have heard how people got broke due to trading-turned-to-gambling behaviour which what we really concern at.

So our friend here, again, the Singaporean one, know this nature, and enter the forum with very good start — in our view. That we just to make an introduction, in an introduce your self section, and really, we didn’t sell anything there. Simply because why we urged to sell things if we can make good money from our own trades with our own fund anyway?

We’re just expecting to create a society with no fuzz and buzz of “keep chasing that profit you goddamn it”. And we’re looking for talents out there. Not selling. Focus! *still laughing*. And, with a very clear mind, our friend wrote this:

So, ah well, good start he thought. We also did think the same. Good point. Get it on buddy. Get it on! Let see what we can contribute on this online society, while a reply came in from an “honorary member” which scared us. I mean really, an honorary member means he/she been there for long time and regarded well. We don’t want to disappoint the senior one. Don’t we?

And the reply is:

Note some of these lines please:

it is very kind of you that…. but, this community is aimed to build… (as well!)*

and then:

it is not clear why we posted on this thread while we aren’t already doing in other thread” (this thread is an introduction section, right?)

and closed with:

*skeptic tone* “why would you ex-investmenet bank traders want to help retails here?”

We guessed, our Singaporean friend there got caught already in the midst of “passive-aggressive” mode and replied (with still, tried to be polite)

And the rest is, expecting total mess. How could our friend, one of the senior traders in South East Asia, who worked in big global bank, who have a very cool-headed trading style and made million of profit for his bank for years before quit, easily getting caught in passive-aggressive mode of a retail trading forum? — and to make it worse, with an “honorary member”.

We laughed. Really hard. To that our friend. Cheers to our friend there, and that “honorary member” as well. What is the story to learn here?

Dear all of readers, emotional jungle is far more evil than technicalities. Technicalities are method. And method built by logic. No emotions there. While on emotion side, it is psychological. Its very human. And that is what human really be different with other creatures out there.

That is why we really concern and focus, we mean, really really really (thousand times more) focus on creating an approach to control our emotions in trading. Which is very simple actually: keep playing small. Buy at support, sell at resistance, and play small. Play small. Play small.

What our friend did there was “playing big”, by the mean of expecting “big warm welcomes” which turned out got caught in passive-aggressive mode. So this is important for us to learn. That we need to focus. Simplify things, don’t chase for the best but chase for the risk management, and always expecting less when doing right, so that we are not getting tired on “fighting”.

Trading is cool. And it should be done with fun. Why? because its all for fund. Thats it. Enjoy your trades….! and.. forum

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Originally published at streetrader.com on April 4, 2016.