Big risk will lead to big rewards, ... and big losses. People will often want to tell you about their wins and less about their losing trades.
When you take big risks either on selected trades, it is possible for your account to grow at a rapid rate. Your equity curve is very steep, and you feel great because you have finally mastered the markets. You may even hang onto trades that are going very much against you because you are banking some good winners along the way.
Not understanding your mindset will fracture your trading results!
The demons from within are removing any clarity you started out with when your curve was steady and reached
Have you noticed how we become conditioned to situations or circumstances? Governments do this to us all the time eg a gradual increase in taxes for certain items and once we have excepted the conditions in our
When trading it is the same, your account will explode
What has happened here is that
Your focus needs to be on the process and not the outcome.
When the focus is on the outcome (money) rather than process (trading and controlling risk) then you will only ever end up with this disappointing result, things will cave in for you, it’s only a matter of time.
I have known traders who have sold their houses to trade and have
When you are trading and
I suggest you download and read it;
Happy Trading, Steve.
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