I've been trading for 10+ years with bouts of success, but failures along the way too. In retrospect, this year's trading pretty much sums it up. Twice now I've doubled my account since Jan 1, only to give most of the gains back on a few bad trades.
As a daytrader, my one goal is to go home at the end of the day net positive or worst case with a small loss. Too many times though, I've let a short-term position turn into an overnight investment. That's equivalent to Russian roulette. Yes, all trades have been guilty of this at one point or another, but I've got to eliminate these mental lapses if I have any hope of making in this industry long-term.
I've kept an offline journal offline over the last few years, but have found that keeping this information private has not helped me hold myself accountable. I'm asking for help from the trading community to aid in keeping my ship on course.
Emotions Traders Don't Talk About
1 week ago
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