Insane change in my trading

@Rafe
Can you be a little more specific? I understand what you’re trying to say but I need a little more details. Can you give a specific example? I think that’ll help me understand more of what you’re talking about.

Thanks for sharing your story. I was just wondering, as I read your post, how are you tracking your performance? One thing that helped me improve performance and execution has been getting detailed about what I need to work on. If you made 50% of the target and then became unable to execute, it sounds more psychological than technical, but it could also be something else. That’s why in my opinion, one of the most important parts of this job is detailed performance tracking. I watched a YouTube video not long ago by Lance Breitstein where he talks about keeping a daily report card. That way when things like this happen, as they will throughout our careers as traders, we can quickly go back and see exactly where we need to focus our attention. Happy trading!

@Demetrius
I log my trades in a trading journal, but it seems like I haven’t been logging it properly. Instead of writing out why I executed the trade and my feelings during the trade, I just noted down what I can do better and the confluences I used. Nothing really technical, which is what I think a trading journal should be for.

Thanks for the advice! Appreciate it, and same to you.

I had the same problem as you for almost a year. What pushes you over the edge is not focusing on how to win, but instead on how to avoid losing.

For example: trailing stop-losses, only taking trades between certain hours of one session, only trading one pair, only letting yourself take 1-2 trades per day.

Doing all this makes you picky; you don’t want to waste your one trade on a lousy setup. The mindset shift should basically be, ‘the less I’m in the market, the more profit I’m able to keep. I won this trade… cool, let’s not give back the profits.’

@Bailey
That mindset shift actually made me go :flushed:. That’s a really good way of looking at it; I think I’m going to try that from now on. Just an observation, but from that one sentence alone, I can tell you probably have an insane psychological understanding of the market. Can you share a little more about what’s going on in your mind when you take a trade?

Maybe use 2 more months doing demo trades; 1 month of demo trading is not enough data for me to take a funded account challenge.