Trade Like A Robot
Many traders tend to lose big instead of winning small because we get caught up in the emotions associated with the trades. We stare at the P/L percent, and watch the dollar amounts very carefully. Though we entered the trade with a plan, now that we are in, we are considering making the plan a bit more flexible to suit our new needs.
Use A Trade Journal
Journaling your trades is probably the LEAST sexy aspect of trading. Some probably actually treat it like a rubber and forego it entirely when they enter their position. They raw dog the trade, slip up, then wonder what happened and how they ended up here. Forgive all the imagery, but I want to drive the point home: You should be journaling your trades.
Small Account Challenge: Round Two
The Gold Rush Gang KILLED round one of our 𝘚𝘮𝘢𝘭𝘭 𝘈𝘤𝘤𝘰𝘶𝘯𝘵 𝘊𝘩𝘢𝘭𝘭𝘦𝘯𝘨𝘦 last week. We challenged our members to practice discipline in a choppy market and it paid off in a big way. Take a look at a few of the results.