95% of weight losers gain back, just like traders lose--solution

[Immortal]

I lost almost 34 lb after many years of struggling. I lost it when I said Enough Is enough.

The line has to be drawn here
____________________________

This far and no further


Just like in trading and losing weight. Until you decide that enough is enough in terms of loses and mediocrity you won't become a worthwhile trader. I suppose the reason so many fail is because so many never reach that bottom pit, where enough is enough.

 

[caroy]

Is this similar to you have to hit rock bottom in certain areas where you realize the change is critical for survival. In my own trading as a volatility seller it took me two near blow outs to realize if I just honor my own exit rules it would be a lot easier.

I now find that my partner and I split the portfolios. I trade the grains and he trades the softs. We then manage eachothers trades to exit following our rules. Not having an emotional attachment makes it much easier.