Accepting losses is one of my biggest struggles as a trader. I'm sure I'm not alone. Especially green-to-red lossses. Trading smaller is a good remedy, but then I also need to STOP trading. 3 losses in the same day is a sign that I'm not keyed in, or they climate is not right for my system. No reason to chase. Just take the rest of the day off!
FAST OPTIONS TRADING. Fast in/out. Apply trading rules like CLOCKWORK. Have a day. Sleep at night. This is my personal trading journal*.
Popular Posts
-
I have gotten out of the habit of proper recordkeeping. I have become discouraged with the market and moreso with my trading. Lots of knick...
-
I've been treading water. This market has been frustrating for me. I have tried various techniques for trading all this volatility and...
-
A red day that turned out "only" -3% (had been worse), but also cost me my day. I don't like the melted brain feeling when I w... -
I opened today with a big loss. From oversized trading. And then I recovered for a +1% account day. On one hand, I learned that if I keep my...