You are not alone. You are describing 99% of traders I ever met, myself included a few years ago. I sincerely thought I was missing chromosomes at one point. I knew what to do, and what not to do, but kept breaking rules anyway. What helped me change my cuntish ways (apart from..

(apart from systematizing my trading aka using a checklist for every trade, trading like a robot etc), was simply hiding my PNL. I know I preach it a lot but trust me, most traders still dont realize that 90% of our deviations from our rules, are due to staring at PNL midday.

If it's red, your amygdala will kick in and make you revenge trade just to make it "green". If it's green, your brain will make you avoid adding to winner or taking another trade (even if it's a great setup), in fear of making it red or "ruining your average".

Other times, your brain will say "it's not green enough. take another trade" even if it's not part of your plan or setup. Or sometimes your stop loss will trigger (or approach), and the moment u check ur PNL and see that "red" number, ur brain will say "wait a little, cancel it".

In short, almost every time I see a trader break his/her rule, it was because they came to the market with a plan but then looked at their PNL midtrade, and went full retard. Read my old tweets on the amygdala. we are NOT wired for trading. And the PNL box makes it 10x worse.

Come to the market with PLANNED entries/exits. Then EXECUTE that fucking plan.

If it was a PLANNED trade (ie short at 5, cover at 4, stop loss at 5.50, 1K shares), then why the fuck do u need ur PNL? u already know u're risking $500 to make $1000. just EXECUTE.

#BearTipOfTheDay