Showing posts from November, 2016

PRESSURE: The Number One Killer of Trading Psyche

After I closed the small account project to the public...I was staring at the account up just $1500 after a month of trading it (goal was to double it, which was not lofty in my expectations, using margin the way I do), and I thought..what went wrong? Why wasn't I able to do this? I make money almost every day in my main account, my green to red days ratio is around 80/20 or better typically - I have a small room of 10 buddies who watch me do it regularly - and yet here on this small account, it was closer to 50/50. Why?

I tried to justify it..saying "oh I didn't have buying power" or "I couldn't trade multiple names at once like I usually do" or this or that or the other thing, when in was NONE of that. It was one simple answer...pressure.

I closed this project down to the public after market close on October 20th. The before & after is pretty evident. Back to the more typical 80/20 ratio for me. Why? Pressure.

Unnecessary. Pressure. S…