"I convince myself that money does not matter," I believe this is a clue.
The fact is, money does matter, that's why risk management is so important.

Have you ever thought transcripting your discretionary trading into a bot, It doesn't have to be the exact methodology but it helps:

1) Collect long historical and statistical data
2) Gain confidence
3) Compare discretionary vs mechanical

If removing your limit order is a one click easy/too often problem, you could build an indicator/strategy with some warning text (like are you sure you want to cancel limit order....), this would make the process more complicate and allow you time to re think your action, instead of simply clicking on your mouse. Besides, the main problem with changing your plan has to do with fear, and that is a very introspective and subjective process, no one can really give you advices, it has to come from you. Maybe writing a journal can help.

Once I think about the money it's all over. I can't think about the money when I trade. I have no problems being -40 ticks on a trade, but if I multiply 40 with the number of dollars per tick and number of contracts I will get a heart attack.


All I need is a guy hitting me each time I do wrong things.

Hello,

to make things shorter: I am a winning player but psychological problems intervene and ruin everything.
I have only one problem and I am sure most traders or maybe even all of them have that problem. I need to fix it as soon as possible or else I will never reach my goals.

I am a discretionary trader. When recognize some pattern that I saw before I would enter or put a limit order if I see the pattern earlier. So far so good. From that point on, I have little influence on what will actually happen with the price. Once the order is hit, that's it. But I ruin lots of trades by removing those orders (that were not hit) and I have no idea how to fix it.

Once the trade is opened I actually feel relaxed, but the biggest problem are pending orders. I remove them a couple of ticks before I actually would have the trade open. I rethink the situation and with usually the emotion of fear remove the pending order.

I did not make more than a thousand dollars last week, because I removed all my pending orders. It's a problem now.


What works so far:

1. Standing up and going into another room and checking how position is doing from time to time. Same with pending orders. Last week I went to bathroom, came back I saw my pending order was gone and there was no position order. No struggle, no rethinking, no nothing. Easy win.
2. I often meditate that one trade does not matter in a series of trades and that there still is a long way to go, thousands of trades.
3. I convince myself that money does not matter.

But then, if I forget all that, everything reverses and I am removing those again.

I have stickers on monitor reminding me of my golas, of variance. I played a lot of poker, but it did not help so far. I don't have that same problem in poker. It's like I lost my balls, you know.

Maybe sports will help? I need a practical advice I guess. I have zero ego in markets. I need at least some so I can enter trades. How do I increase my ego? I noticed playing poker I have a lot of ego, I sometimes throw chips worst cards. That probably comes from not knowing what the right play is, so I rely on instincts to maybe try to scare the opponent. With markets it is the opposite, I know too much and chose very good trades, but something holds me back. Last 50 trades or so were all gold, but I did not take like 100 trades (most of which would end up winners).

Hello,

to make things shorter: I am a winning player but psychological problems intervene and ruin everything.
I have only one problem and I am sure most traders or maybe even all of them have that problem. I need to fix it as soon as possible or else I will never reach my goals.

I am a discretionary trader. When recognize some pattern that I saw before I would enter or put a limit order if I see the pattern earlier. So far so good. From that point on, I have little influence on what will actually happen with the price. Once the order is hit, that's it. But I ruin lots of trades by removing those orders (that were not hit) and I have no idea how to fix it.

Once the trade is opened I actually feel relaxed, but the biggest problem are pending orders. I remove them a couple of ticks before I actually would have the trade open. I rethink the situation and with usually the emotion of fear remove the pending order.

I did not make more than a thousand dollars last week, because I removed all my pending orders. It's a problem now.


What works so far:

1. Standing up and going into another room and checking how position is doing from time to time. Same with pending orders. Last week I went to bathroom, came back I saw my pending order was gone and there was no position order. No struggle, no rethinking, no nothing. Easy win.
2. I often meditate that one trade does not matter in a series of trades and that there still is a long way to go, thousands of trades.
3. I convince myself that money does not matter.

But then, if I forget all that, everything reverses and I am removing those again.

I have stickers on monitor reminding me of my golas, of variance. I played a lot of poker, but it did not help so far. I don't have that same problem in poker. It's like I lost my balls, you know.

Maybe sports will help? I need a practical advice I guess. I have zero ego in markets. I need at least some so I can enter trades. How do I increase my ego? I noticed playing poker I have a lot of ego, I sometimes throw chips worst cards. That probably comes from not knowing what the right play is, so I rely on instincts to maybe try to scare the opponent. With markets it is the opposite, I know too much and chose very good trades, but something holds me back. Last 50 trades or so were all gold, but I did not take like 100 trades (most of which would end up winners).