How do you keep your expectations honest?

Expectations drift upward after wins and get propped up by social media. The honest version — modest returns, slow progress, real work — sounds boring and is the only one that survives contact with the market.

How do you keep your expectations honest? — risk-reward diagram
A risk-reward ratio of 1 to 2

What keeps you honest?

  • the expectations you started with
  • what corrected them
  • how you guard against hype now
How do you keep your expectations honest? — candlestick anatomy diagram
The parts of a candlestick: wick, body, open and close

The retail loss percentage guide is a useful reality anchor.

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