How do you handle big draw-downs the next day?

Discussion in 'Psychology' started by Bolimomo, Apr 2, 2009.

  1. I dont understand this situation you described. Why did everything you touch turn to crap? If you can't answer that then how do you expect to pick 1,2, or 3?

    Why are these drawdowns such a mystery? You should be able to look over your trades and see what is wrong or right. :confused:
     
    #61     Apr 15, 2009
  2. See OP, we are trying to help you.

    Start by keeping a diary.
     
    #62     Apr 15, 2009
  3. get a hot one of the corner and take 'er home.
     
    #63     Apr 15, 2009
  4. I agree 100% :D
    Coke and Hookers after a losing day.
    Take the week off somewhere in Mexico and wash it down with some Tequila!
     
    #64     Apr 16, 2009
  5. Some people don't understand what Ed Seykota meant by saying "everyone gets what they want out of the markets "

    In cases like that is is hard to help someone :)
     
    #65     Apr 16, 2009
  6. Ghostdog

    Ghostdog

    I posted something earlier that you need to be like a closer in baseball. If you had your stuff, and they hit a 3 run homer off you in the 9th,. just come back with the same stuff.. of course we are assuming your stuff is good to begin with. trading is 80% psychology, maybe more.. DOnt let it get in your head if you really believe you have something
     
    #66     Apr 16, 2009