Most Difficult Trade

Discussion in 'Psychology' started by NoDoji, Mar 15, 2011.

What's your most difficult trade of the day?

  1. First setup of the day

    9 vote(s)
  2. Setup following a losing trade

    8 vote(s)
  3. Setup following two or more losing trades in a row

    33 vote(s)
  4. Setup following one or more trades where you violated your rules

    8 vote(s)
  5. Setup after you dug yourself out of the red & into the green

    14 vote(s)
  6. Setup after you attained a minimum daily profit target

    5 vote(s)
  7. Setup that would position you opposite your bias

    19 vote(s)
  8. I trade all setups from the open to the close

    19 vote(s)
  1. Handle123


    I stopped having bias long ago, I can't test those. But I would have to say walking away is toughest thing to do as I now only trade ES first 30 minutes of the day session, so I suppose the last trade is the toughest trade for me. I have done so much backtesting though the years, I now only trade so many hours/minutes on various markets and walk away, no point in working like a zombie for 4-5 hours if the blunt of my profits come out of certain times. But it is rather cool to watch some markets ten minutes than sit there six hours.
    #81     Oct 22, 2011
    beginner66 likes this.