Well written Austin. Your comment on complacency very relevant to me. I previously had a large poster above my desk with the words "Pride Comes Before the Fall". I've known traders to mandate a day off after having a watershed day...not a bad idea either.
Fantastic article. As a futures trader, there are differences but I think the steps are essentially the same. You captured so many helpful habits and gave many tidbits of wisdom. Bookmarked for future reference, when I will least want it but will most need it.
Yes let’s hope you will not need these steps. Then again, it’s inevitable for everyone but the reasons will vary. Thanks for the read. Good luck on your new path
Thanks for the great insights as usual. I've found the start of June a challenge for my style with a lack of catalysts/setups for me. That led to looking for trades instead of letting my best spots come to me. Timely post as always.
Great write up, as always!
How long did it take to get out of that drawdown?
Well written Austin. Your comment on complacency very relevant to me. I previously had a large poster above my desk with the words "Pride Comes Before the Fall". I've known traders to mandate a day off after having a watershed day...not a bad idea either.
Ha that’s a great poster. Hopefully you took it down for good reasons…
Fantastic article. As a futures trader, there are differences but I think the steps are essentially the same. You captured so many helpful habits and gave many tidbits of wisdom. Bookmarked for future reference, when I will least want it but will most need it.
Yes let’s hope you will not need these steps. Then again, it’s inevitable for everyone but the reasons will vary. Thanks for the read. Good luck on your new path
Thanks Austin. This has been your best post yet! Appreciate the time you’ve taken to write this, and the intimacy you’ve inject within it.
Wow thanks! Why was this the best for you? Thanks again
Thanks for the great insights as usual. I've found the start of June a challenge for my style with a lack of catalysts/setups for me. That led to looking for trades instead of letting my best spots come to me. Timely post as always.
Yes seems to be common right now. Writing intervention to stem the decline