Updated Jul 26, 2024
The main purpose of this thread is to keep a track record of daily/monthly performance.
Hopefully, I can learn something from my impulsive trades.
I cannot keep myself from making same old mistakes over and over again.
But at least I can try to reduce the number of times I do so.
Bad trading habits:
The main purpose of this thread is to keep a track record of daily/monthly performance.
Hopefully, I can learn something from my impulsive trades.
I cannot keep myself from making same old mistakes over and over again.
But at least I can try to reduce the number of times I do so.
Bad trading habits:
- countertrend and averaging down
- incapable of cutting the loss and/or moving on from bad trades
- impulsive and revenge trading following trade loss
- too lazy to check the latest news
- reading selectively and ignoring contrary news
- being "correct" is more important than making a profit
- counter the trend only because it offers a "better" price
- overnight position jeopardizes the trading plan of next day
- a leftover/small "let profits run" position usually goes sour
