Think I only really got there when I started taking it seriously to make a living from trading, prior to that I think it's hard to maintain the discipline needed when you're doing it for fun and the money means little.iambic_pentameter wrote: ↑Tue Apr 30, 2019 4:19 pm
SB - good advice and thank you for sharing.
Given that you've been doing this for some time now, how long did it take you to get to that point?
Iambic
The fact I was running unmanned bots was a help as that lets you see the bigger picture with regards to losses but even now it's hard to avoid those 'sod it' moments especially when you hit a big loss from a stupid error. For me the only way is to remove myself from the markets and do something else til I'm ready to get back on board. Probably only takes me a race nowadays but you've got to stop yourself from going off plan at all costs because in the long run it just reinforces bad habits as some will always go your way. Unless you're consistent with your approach you'll never really know where you're winning or losing money in the long run and taking a short break is very easy to do.