From revenge to peace

 So I had a day of overtrading last week and I've been thinking about it and comparing it to how my week is going this week. And it is very different.  You might call it revenge trading - what I did last week. I had a losing trade that wasn't really all that big, but then I started making all of the other trades about recovering what I had lost instead of taking trades based on the likelihood of their own probabilities and then I kept making more and more little trades or rather short trades with huge size where I didn't have large conviction on any of the trades but was just trying to whittle away at the loss, but it ended up growing throughout the day as I continued to overtrade. And now Contrasting that to how I've felt the past few days this week it's been night and day. I did quite a bit of sitting and review after the day was over or rather I had finally realized that what I was doing and my state of being was not what I need when trading. I noted that I really only have 3-6 really good setups for trades in a single stock throughout the day. So I most likely shouldn't have more trades than that in a day. It made me remember that I am looking for the trades that I will be able to point out a year from now and say I probably traded right there. This has made me feel a little more calm the past few days. I've been relaxing a bit more and thinking, does this really meet my requirements to try this for a trade? Will I be able to identify this spot on a chart next year as the spot to have tried a trade? These little things have made me take it a bit more easy and let the trades come to me. And that is an awesome feeling. Sure there's still a little antsiness when I'm fading something but I've also added a timing element into my trading the past couple days so that when I fade, I don't pound it too hard until I'm seeing a backside. Anyway, it's felt pretty good and almost relaxing for most of the trades. Anyway. having rules and reminding yourself about them helps. Cheers

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