I've been trading on probation since last week's tilt. I'm doing great. This is what kills me. I'm a good trader. I make good consistent money!... except when I tilt. Tilt is my absolute undoing. I need more ways to guard myself against tilt. I need EVERY way to guard against tilt.
Something I've been pondering is, if my account goes into red, I can only have one more trade that day.
If my first trade is red, one more trade.
If I go green to red, one more trade.
Based on the book The Mental Game of Trading, I should be aware of emotional signals that precede tilting and then stop myself. I'm aware of lots of signals that I'm not trading my best. I hope the above rule about going red will help stop me.
For sure I don't like closing shop with a negative balance on the day. But I must! be able to close on a small red and never let it go tilt.
I want to retire A* on my trading. I want us to live anywhere, travel and trade from anywhere. Tilt is the single biggest thing that is holding me back from my dreams.
I like the feeling of being a successful trader. I want the benefits of the income! I can't keep kneecapping myself. Why am I self-sabotaging?!
