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How would PO the perfect trader think, and act ? Focus on the process, not of the results. Perfect traders Make money from the market (but then so can blind monkeys) Have losing trades, but remain emotionally unaffected by them Have learned to take all set ups, (never know which will...

RN, welcome back and thanks for posting, your advice and encouragement. I think you've helped me answer your own question above. This is what I'm going to do next - write down answers to the following questions, analyze them and keep practicing... How would PO the perfect trader think...

EE, thanks for you comments and advice. I definitely need to focus more on the process and not on the results, and learn how to deal with the "fearful voice"

Thanks LF, I need to keep working. How has your trading been?

P&L -6.75 points I was getting overconfident and sloppy. Will try again tomorrow.

P&L for the last week +25 points It was a good week in the SIM. Finally a positive week. I need to stay focused and not get complacent, overconfident and greedy.

P&L +4.75 points

P&L +6.8 points

P&L +6.3 points

P&L +4.6 points

P&L +2.25 points

MEMORIES Each of our memories makes up a part of our identity, and because they exist as an energy form, they have the potential to act as a force on our behavior. Regardless of whether we are conscious of these specific forces or not they cause us to move through the environment in certain...

SELF-ACCEPTANCE Personal transformation, growth, and learning new skills are a function of self-acceptance. The market will make you face what is inside of you on a moment-to-moment basis, it could be confidence or fear, a perception of opportunity or loss, restraint or uncontrollable greed...

FEAR To grasp the fundamental nature of your own behavior, you will need to understand all the effects fear has on your perception of environmental information. At the most fundamental level, fear will limit your awareness of market information. How could any deep level of insight into the...

Took a day off today - taking a break after a bad day. Reading "The disciplined trader". When you put on a trade, you have some belief about the future, some expectations. You need to learn how to release yourself from the demand that these expectations be fulfilled. This will allow...

P&L -15 points as I said before, I wasn't following my rules because greed was clouding my judgment. Even though I've realized that in the middle of the day (as per my posts), I wasn't able to change my thinking and kept trying to prove myself right by buying again and again. I couldn't...

I wasn't saying that "market is emotional", but the participants, myself including, are. It's more difficult for me to stay focused and not let my emotions take hold of me on days like today. I'll have to keep working on it.

I know that I'm not unique and I'm not asking for pity, I'm just documenting my thought process, trying to deconstruct it and change it. How does one stops greed from taking control? From "the Disciplined trader": In the market environment you have to make the rules to the game and then...

Another thing I've noticed is that when I read trading commentary real time, I trade much worse. I should stop reading them, but they are like a drug. Overall a terrible day today - instead of trading my setups, I traded my expectations. That must mean that I don't have confidence in my...

Big range days are very emotional days in nature and that's why they are more difficult to trade. On days like these especially I should wait for the second entry and not jump on board just because there is a green bar.