Sleep.
Stress.
Health.
Relationships.
None of these are trading problems.
But they all affect the trader.
You can only achieve and maintain high performance when you look after every aspect of life.
@TradingInTheNow Emotional patterns can be improved over time while journaling. But a bad strategy can improve over time. Hence I would say most traders actually don't even know if their strategy is worth the risk they take everyday.
I'm not opposed to paying for education.
Nothing is free.
I find you either pay with money or you pay with time.
If you pay with money, the cost is obvious.
You pay upfront, but you should expect it to shorten the path and save you time.
If you pay with time, it feels cheaper.
There's no immediate payment, but the cost is often in slower progress.
Most people think they're saving money by not paying for education, but you just end up paying in time.
There's no right or wrong way, but just accept the price you're willing to pay from the get-go.
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Firstly, I would say establish what's normal for your edge.
Is it typical to have periods where that happens?
Does your data and backtesting reflect that?
If it is, that should be your baseline expectation.
Sometimes you're going to thrive.
Sometimes you just need to survive.
Secondly, have a plan ready for what to do during that time.
It's going to suck.
It's going to be frustrating.
You're going to get tempted to do something else.
How should you respond in an ideal world?
What can you be prepared to do to help regulate the short-term emotions?
There is no one-size-fits-all process/actions, but mentally being prepared for these moments makes a world of difference.