Absolutely essential that having a good day or "winning" isn't judged by a positive PL. To paraphrase Confucious, a journey of 1000miles is made of individual steps so improving your RoI from - 5% to -4.5%, accepting a big loss or only trading 5 races out of 20 etc etc are all wins. They are all skills that have to be mastered and the consequence is profit, you don't find profit and then learn to be disciplined. You have to find a way to lose and feel great about how it happened.Kai wrote: ↑Tue Jan 31, 2023 11:27 am, the harsh reality with trading is that you really are expected to fail miserably at first, and then it's vital how you react. But people can't take too much failure and disappointment or too many false dawns, it can be brutal for the mindset, most can only fail an X amount of times before it completely drains them of confidence.
But who listens to Confucious, he doesn't even pay PC.