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June 6th, 2006 by eyal | Filed under Day Trading, Personal development. |
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Almost the only thing I’ve been doing right this week is to keep to my stops. Other than this I’ve been doing all kinds of mistakes. Not sure if it’s over-confidence and the feeling of playing with ‘house money’ or whether it’s lack of focus and concentration as I’m facing some unusual demands on my attention in another area of my life this past week. I guess it’s probably both. One way or another I need to meet with myself and figure out what exactly is going on and what I’m going to do about it. I noticed this situation seems to repeat itself every 2-3 months. Last time was in March (see archives if you’re interested). Something goes off the rails and I need to reset my mind, re-iterate my trading rules, stop the momentum of sliding downhill and climb back up. And it’s not a financial climbing back, it’s something much more important, a mental one.
