I've recently had an epiphany about trading - I suck at it. I understand most of the concepts (even if I need lots more experience), but my execution is terrible, and my mental game is weak. I've been at it for 1.5 years now; have invested just north of 10k in indicators, training, programs, and a new computer; and I've blown two small accounts and am currently whittling down a third.
I've kept a sporadic journal of the trades I have taken over the last 18 months, but since many of the comments I've made are things like How could you do this again? What is wrong with you - why can't you learn these lessons? or some other collection of words and phrases not fit for public discourse, it would seem that I'm missing the point of journaling. I hope by putting my occasional successes and frequent & embarrassing failures out in the open that I will learn to correct some of what is wrong with my trading.
Since I have recently broken some trading rules that I've put in place - namely daily loss limits - and currently find myself in the naughty chair (SIM trading), I'll take this time to try and lay out some of what I know is wrong with my trading.
In general, though, it's time to take a serious look at what I'm doing and make some hard decisions. Can I make this work or am I fooling myself? Do I have what it takes or is it time to cut my losses?