How to maintain a positive attitude when trading?

NexusFi · 2012-09-09T22:08:28-04:00

Definitely have a daily loss limit. I started just making one trade a day in the beginning. I still only make a few trades. I realized my losses were usually grouped together, so I'd just stop trading and wait for he market to give me a fresh new market state with a different day. So, I maintained a positive attitude because If I missed three trades in a day I'd just shut off the software. This is how I prevented a bad day from turning into a train-wreck. After that, It's just a matter of being comfortable …

Discussion in Psychology and Money Management

Updated September 10, 2012

How to maintain a positive attitude when trading?

September 9th, 2012, 10:08 PM	#11 (permalink)
cowjuice Australia, NSW Elite Member Experience: Intermediate Platform: NinjaTrader Trading: DAX, HSI, Gold Posts: 31 since Aug 2012 Thanks Given: 20 Thanks Received: 11	That's the trick, being human enough to follow the plan (in full), but robot enough to do nothing else... "Trade what you see, not what you think"