Suck Meter
When I have a string of losses I pause and reflect and ponder if it is me trading badly or just the market environment not being conducive to my trading method. Here are 10 questions we will do well to ask ourselves at times when we seem to be out of synch with the market. Are we taking good entries? We have to enter at a high probability moments to put the odds of winning on our side. Buying support bounces, shorting resistance levels, or entering on confirmed break outs. Are we trading too big? Big position sizes can cause us to stress to much and exit too quickly, we must trade a comfortable level that allows us to overcome our emotions and stick to our trading plan. Are we risking too much per trade? We need to cap our risks at no more than 1% to 2% capital at risk per trade. It is very difficult to make back big losses on a percentage basis it is much easier to steadily grow an account by avoiding those big losses with correct position sizing. Are we trying to fight ...

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