Yes Tuna. Over-leveraged Position size is greatest threat. Many times I found myself in DEER IN HEADLIGHT syndrome only to discover that position size was wrong. Wrong trades are part of our life. But with each wrong trade, we should not loose more than 1R. But if position size is violated then EMOTIONS outdo us and we start hoping, praying and expecting REVERSAL and trend just goes on & on and we keep watching our losses mounting helplessly. Then comes HITTING FLOOR Syndrome and we cant take our loss anymore and thus come out AT ANY COST, again providing the juicy WRB for trend follower or the one who traded it right.
Guess, I owe some clarification - >
What I meant by that - your "post" nailed the concept of trading successfully and profitably, did not imply you nailed it (though I am sure you are very profitable)
About me on same topic (Handling Emotion) - long way to go, my posts normally shows my emotion clearly, but the entry and exit (except few) are normally my target driven (Z Factor) - and my trade size never goes through the roof even if I have enough margins. I hate extra leverage. That's cools it off for me substantially. Yes, have learnt this the hard way.
This how exactly I had learnt it. In fact I am doing a replay of same on side trades just show this is possible (on my Nifty 2017 trade)
What I meant by that - your "post" nailed the concept of trading successfully and profitably, did not imply you nailed it (though I am sure you are very profitable)
About me on same topic (Handling Emotion) - long way to go, my posts normally shows my emotion clearly, but the entry and exit (except few) are normally my target driven (Z Factor) - and my trade size never goes through the roof even if I have enough margins. I hate extra leverage. That's cools it off for me substantially. Yes, have learnt this the hard way.
This how exactly I had learnt it. In fact I am doing a replay of same on side trades just show this is possible (on my Nifty 2017 trade)