My profit that is. A whole £6.60 (13 points) on what was a very challenging (mentally) week with ups and downs and revelations and lessons. It had it all. At one point my account balance was at its all time low, but I managed on Friday to turn that around. However, as many a trader will no doubt bemoan, oh what could've been.
My fear and emotion got the better of me and I had the potential on Friday for so much more. But I still struggle to stay in a trade when I have experienced a prior loss. I see losing trades, I see a negative p&l, I see current unrealised profit, and my emotions will simply not let that trade ride with the potential that, that profit might evaporate. I know I am doing nothing more than trying to reconcile the emotional pain of loss, and that it not good trading, but it is very difficult to override that 'humanness' of wanting to make myself feel better. It is is a perpetual battle that needs constant work.
Comments