I have to admit, some of the terrible times have come from my own psychology (and related behaviours trading). I've committed the cardinal sins of tilting, overtrading, inplay - an unholy trading trinity!
![Embarrassed :oops:](./images/smilies/icon_redface.gif)
So, with these memories fresh in my mind I'd like to ask people about specific strategies if possible. What do you do to keep a good level for the following issues:
1/ overstaking (yep, I've slung in some far too heavy stakes (50% banks in one selection etc) at my poor times.
2/ Tilting emotionally - I know that's of course related to the above point, but maybe a wider emotional control issue.
3/ Generally keeping control at all times and never letting it slip - I think the hardest part for me is that it can only take one slip (from many months of good control) to cause significant damage. So it feels it has to be 100% control, or nothing?
I should know a lot better, been trading long enough to know these pitfalls - but there are some specifically psychological issues at work here (not trading principles per se), and would love to here how others deliberately use strategies to keep these things in check, and correct, regardless of how much the market has wound you up at times.
![Smile :)](./images/smilies/icon_e_smile.gif)
Stu.