I’ve been trading for 17 years. Here are the things I still have to work on daily:
- sticking to my process that I’ve developed over many years. Takes mindfulness and self awareness that can be hard to attain some days.
#trading #tradingpsychology

- some days I find myself taking trades just because I’m bored. I make trades in short term setups that I already know have a high probability of stopping out or losing money. Yes, after all these years I still have to work on this. #trading

- To snap myself out of this pattern of poor discipline I shut my trading platform down and go do something else. I literally have to tear myself away from the computer. #trading

- on other days, usually after a string of losers, I find myself apprehensive to takes trades that meet my criteria. To counteract these feelings I reduce position size and take the trade. Always take trades that meet your entry criteria! Not taking them, and watching them...