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I will learn...


So Thursday was a day of learning...I hope. No, it definitely was. I learnt that if my unofficial daily goal is only 10 points and I make 8 points, take those 8 points, be grateful and move on with your day. Do not chase tow more paltry points just because you want to make 10, because the regret you feel when you lose those 8 points, and more, is not equal to the reward and satisfaction of 2 extra points.


Not only that but it was a week of hesitation. I would see a trade potentially setting up, and instead of getting ready to place my order I would wait, but in waiting the market would then move too close to my entry price for me to put the trade on. This is fear. Pure and simple. I didn't have total confidence in the trade, I wanted to avoid any pain from loss, so I self sabotaged by waiting, unconsciously till it was too late to put it on. At least though I acknowledge that this is what it was and I vowed to overcome it in the coming week/s and basically go back to proper trading. By that I mean, accepting loss. Accepting the outcome. Taking the signal when it's generated. Not hesitating. However, on reflection this week was a much better week in terms of patience and mindset when compared to last week, which is a step in the right direction. I do feel though like I haven't conquered the demon of frustration though. Not yet...




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