Trader's Challenge: Keeping the demons in leash

AceX

Active Member
True... but then, there was not much addition to it other than that.
Taking up a system has helped me for sure in reducing my psychological drawdowns.
 

NOMINDTR

Well-Known Member
Taking up a system has helped me for sure in reducing my psychological drawdowns.
I understand. Every polished system would seem reducing psychological problems when you start. The real problem is, when your newly constructed trading system works good for you, then there is pretty amount of chance that psychology starts playing a role.

It is not that successful traders who manage their minds don't have excellent trading system.

Successful trader is more vulnerable than not so successful trader, as far as the psychology concerns.

An ambitious trader has to do a lot to fine tune his system. A seasoned one needs it to do with his or her mind.
 

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