How has your trading psychology aged?
With years comes change: less urgency, smaller reactions, different goals. The emotional evolution of a trader is rarely discussed and always instructive.
Veterans:
- what you used to feel that you don't now
- what still gets to you
- what you'd tell your younger trading self
The history guides cover the markets' past; this thread covers yours.
Background: Revenge trading and overtrading: how to spot them and stop
Trading to win back a loss, or trading out of boredom, are two of the fastest ways to damage an account. Learn the warning signs and the rules that interrupt them.
What is revenge trading?
Opening a trade to win back a recent loss rather than because your trading plan gives a signal, often with a bigger position than usual.
How do I stop overtrading?
Set a maximum number of trades and a daily loss limit in advance, require a written reason from your plan before each entry, and check in your journal whether the extra trades have helped or hurt your results.
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