A Trader Journal

If you think about it, in trading we have disappointments everywhere. Disappointment for missing a great trade, for taking profits too soon,  for tightening stop too fast,  for slip of patience at critical time, performance not living up to expectations….the list goes on.

I wonder how many traders pay attention to this aspect and think about how well they manage disappointments?

IMO recognizing that disappointments in trading is a rule (not an exception) and being prepared for it will give a good edge in markets. At the very least the trader will spend a bit less time in negative emotional loop, more productive in making progress, better health, longer life  and find the journey a bit more better.

I could not find any articles on this topic directly related to trading. Following is a good general article for ideas on how to manage disappointments. Feel free to share any techniques you found useful in your experience.


Link: managing disappointments

The size of your success is measured by the strength of your desire; the size of your dream; and how you handle disappointment along the way … Unknown