Along with driving at the speed limit, staying within the budget and completing set goals at the gym this journal will be part of my rehab. I have high probability trades and my system works; however, I have a tendency to go outside my plan and over-trade. I notice it the most when the military calls me in and I miss part or a whole trading day--I feel like I have to make up for something. I also notice it when I lose a weeks gain in half a day. The rules I need to adhere to are simple:
1) Have a plan. If no plan then no trade!
2) Allowable loss is 0.7 of a percent
3) Only one loss per day, after that--get away from the computer (This is the hard part)
4) If I have a winner, I will let it run its course