Today I close my worst month ever. First red month since May 2019, broke a ton of rules, my timing was almost ALWAYS off by a minute, on longer term trades I was off by a day, I did not achieve my two main goals pertaining to risk management, and I allowed myself to be consumed mentally and emotionally. October will be different because I will be different. No matter how bad the market is, I will be master of myself. Because I must.
I appreciate your honesty and as a new trader I also had my worst month as well. At least you’re aware of your challenges.. I’ve just lost all of my confidence. Tomorrow’s a new month! Wishing you the best!
@CippoNK1K Thank you! But don't be discouraged. Your confidence shouldn't come from profits or from being right all the time, it should come from mastering yourself. Or as Brett Steenbarger would put it in The Daily Trading Coach: "Self-confidence is not cockiness, nor is it viewing the world through rose-colored glasses. It's a quiet sense of, "I've been here; I can handle this.""
@CippoNK1K You've been though your worst month ever, and you're okay, what lessons are you taking away from it and how will it make you better?
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