My pain per dollar loss seems to be greater than the happiness per dollar gain. For example, I feel more pain from losing $1 than the happiness I feel from making $1. Do you all feel this way too?
that is true for me sometimes. like today i have a position it's going my way. maybe i have a small position(1k) that's why or it's not up alot. but having pain losing is a good thing, just make sure you cut that pain so it doesnt turn into a big pain.
clarification: i'm talking about realized gains and losses. on unrealized gains and losses, i don't think i have a stronger feeling one way or the other. i think this is because i "know" that it's the eventual realized numbers that will matter.
IMHO I really donât care about gains or losses - they neither make me happy or sad What I do care about is following my rules And nothing PISSES me off more than to make, or lose - money and not have followed my rules I use to have a problem with this â until I started punishing myself every time I broke a rule â no matter a win or a loss Take Care Redneck