Remedy for big losses?

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To train your mind about the money relation, compare it with food. Do the exercise. Is food limited? I know you like food, your mind like food but why if you like it, why your mind is limiting it? Think in the psysicall limits, your mental believes, what you know. Basically you have learned a relationship. Do the same with money.

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Real live example:

Yesterday I win 1,8k. Today I win 92$. I blocked my trading for the rest of the day. Why? Simple. Training self control. Compared to yesterday, 92 is nothing. My mind knows that. I will show my mind whois in control.

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ignacio90

To train your mind about the money relation, compare it with food. Do the exercise. Is food limited? I know you like food, your mind like food but why if you like it, why your mind is limiting it? Think in the psysicall limits, your mental believes, what you know. Basically you have learned a relationship. Do the same with money.

Sorry for my late reply. Sorry but I can not comprehend the analogy.
I want to be more efficient in my trading by cutting of the bad stuff, just as a company get rid of bad employees.
There is plenty of food at my end but instead of making the harvest in 1 year I could half the time by cutting of the bad =)

Remedy for big losses?

Discussion in Psychology and Money Management

Remedy for big losses?

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