Hey guys,
I am going to keep this short and sweet. Many traders will read it, scoff, and continue on. I am hoping a few people who have experienced my problem, overcome the problem, and gone on to be successfull traders - will impart some wisdom, or better yet - give me a swft kick up the backside.
I trade very well for a period of time. I follow my rules, i trade my signals, i consistenly make 0.5 - 4% per trading day. I work hard, i dont sleep much, im ALWAYS reading, learning, trying to improve my trading. Then, one day, ill overposition, the trade will go against me, ill add to it, and add to it. Then, beofre i know it, it has wiped out weeks of hard work. In one trade.
I have done this several times now. I wont go into anymore detail. Those with anything helpful, please share it with me. I need to break this damn cycle.
Cheers.
MM
I am going to keep this short and sweet. Many traders will read it, scoff, and continue on. I am hoping a few people who have experienced my problem, overcome the problem, and gone on to be successfull traders - will impart some wisdom, or better yet - give me a swft kick up the backside.
I trade very well for a period of time. I follow my rules, i trade my signals, i consistenly make 0.5 - 4% per trading day. I work hard, i dont sleep much, im ALWAYS reading, learning, trying to improve my trading. Then, one day, ill overposition, the trade will go against me, ill add to it, and add to it. Then, beofre i know it, it has wiped out weeks of hard work. In one trade.
I have done this several times now. I wont go into anymore detail. Those with anything helpful, please share it with me. I need to break this damn cycle.
Cheers.
MM
"If it bleeds ... we can kill it"