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Putting it very simple to you. You might not do very many things wrong. If you're able to trade consistently on a regular basis, then it means that you have a good method/system (trading tool). So stop looking for something else in that regard. If it works for you, then keep what you have.
Now to the other issue. Have you heard of the term "Know Thyself"? I am sure you have, but what does it really mean? Well it's about knowing who you are and in this case the very essential part is...in order to stop yourself from committing those errors, you'd have to stop yourself before YOU happen. In other words get to know yourself well enough in order to catch yourself before it happens. That way you don't have to trade those days, or commit those errors leading to those heartbreaking results.
Other practical things you can do is to take out money from your account, after a period of consistency. That way you force yourself to start all over again (but with an already, set aside achieved goal).
Or take the hard path and keep on looking for what's wrong with you. Eventually you'll get the why of it, and you'll find out that it is not going to help you in modifying your behavior. What you need to do is to find ways in order to modify it. You have to keep on doing the right thing til you've burned in new pathways into your brain. Which to me it seems like you've already done, meaning that it takes about 3 weeks of constant repetition in order to do that, and you're saying that you are consistent for a month or two.
Or it could be that you're reaching your subconscious block/limit after 2 months of trading, hence you're starting to give it back. By that I mean that when you reach a certain level of money or performance it gets to conflictive because of the information/program you have in your brain. An exampel of this might be; Your father told you when you were a kid that rich people are dirty. When ever you reach that threshold and you start feeling rich, your subconscious mind is starting to help you to adjust that behavior. It pretty much helps you to push the button when you shouldn't and so on.
It is very much about the self-image we carry inside of us. The outer world is mirroring back that to us. If you feel bad one day, your trades are going to be bad as well. Why? Simply because you're actually not trading the markets really, you are trading yourself. And I am not talking about you specially, I am talking about all of us!
You see it is a bit difficult to know what the problem is and to put the dot exactly over the i. Every experience is pretty much based on personal issues. And you're the one in charge of that.
I've just given you a couple of ideas to play with, but the main thing is to know yourself in order to know when to stop yourself before YOU happen!
Good Luck!
We all struggle to make tomorrow look like yesterday!
Get rid of your past and let the future unfold from the now. Past performance is not indicative of future results.
/George
Thank you for your post. It's okay to recommend information/movies as long as you're not spamming or promoting things for your own benefit. Just think in honest terms of traders helping traders, and you'll be fine
We all struggle to make tomorrow look like yesterday!
Get rid of your past and let the future unfold from the now. Past performance is not indicative of future results.
/George
One big problem that I had was that I would often do well in the morning, but give back most or all of my day later on. I eventually decided to trade for a set goal of 4 ticks/unit of size per day, and then leave even if
Thank you for posting that, I have just started to restrict my trading hours but I think a tick or point goal would also be relevant for me.
This site looks interesting I am going to call for a pre screening discussion.
Anyone have any experience using him to assist in managing Tilt?
That is where I am planning to provide some feedback on the experience for other nexusfi.com members to consider approaching Steve Present for their trading psychology issues. It was these contributor's comments that made me feel comfortable in outlaying the money to work with Steve.
[Mike, I feel like I now have something to contribute to nexusfi.com!]
Reallypo, have you worked with Steve? How many sessions? Do you feel that the impressive changes have remained permanent?