Euphoria, if that's what you want to call it, is when the worst drawdowns come to us as traders. The last time I was really euphoric about a trade, I ended up blowing through a couple grand in the next coming days.
Hi Mike,
I'm sure that rings true to everyone who's been in the game for a while.... a big win or a few losses in a row have an effect (less the longer you trade and understand your emotions ) the hardest part is understading that your compromised "on tilt".
I take a time out, go play golf or go "exploring" with my son... it's always a better use of my time than hemorrhaging money :0D
note the above wasn't advice to you old trading dogs just for the young ones.
ps I meen nothing derogoatory in my terminology... lol just covering the bases as things get lost in translation on the net
Hi Mike,
I'm sure that rings true to everyone who's been in the game for a while.... a big win or a few losses in a row have an effect (less the longer you trade and understand your emotions ) the hardest part is understading that your compromised "on tilt".
I take a time out, go play golf or go "exploring" with my son... it's always a better use of my time than hemorrhaging money :0D
note the above wasn't advice to you old trading dogs just for the young ones.
ps I meen nothing derogoatory in my terminology... lol just covering the bases as things get lost in translation on the net