account resistance --> must be psychology problem

[ammo]

Quote from mikeenday:

my account reached 700k two months back, which was all time high.
and for the past two months, it doesn't go anywhere. I win some and lose some, and it stays there.

the key problem that I can think of is that I become more conservative, and bet smaller than I used to be.

any other possible reason for this? and what's the solution?

another common scenario is to give some back after you reach a number that you feel is bigger than you feel you are,self sabotage,consider your self lucky...i would just remove a large portion of the acct and trade with what you need,if you need the money to have a purpose, think of donating anonymously to a nearby charity or someone you know will use it wisely ,perhaps an elderly person on soc sec,this will make the money less important,and you can get back to trading what you see clearly,if it helps, i look at the market as a game ,and points,not dollars..congrats by the way

 

[letom13eur]

Quote from Handle123:

I view this as not knowing your method over a long period of time of actually trading and backtesting. If I was to start doing less contracts and reducing size cause of abnormal amount of profitable trades in a row that is outside the mean of the system, I couldn't get the twenty profitable trades in a row that occurs occassionally. What about if your high has been five profitable days in a row, your getting scared to pull the trigger on being successful and making money each day?

And so what if you have a lose? It is the system's fault, not yours.
You are just there to push buttons. It is like you are the Captain of a ship, your job to control the ship, you don't know if the engines are going to stop working, you can't be slowing down cause you on a roll, but that doesn't mean you should increase the speed either. Meaning, don't increase size cause you doing well, wait for drawdown to increase size.

I took myself out of trading long ago, losses occur cause of bad cycles of the method to the Price Action that is happening, each day I walk away happy whether I did ok or outstanding, I am just a Monkey pushing buttons.

yeah you are right it is what to do. But even if I know that, here is an example of what can happen to me.

Let's say I start trading. I, of course, have a plan which I think can work because I've backtested it... I honestly believe in it. I say I think because until I didn't see it for real I keep having a doubt. So I start, pretty confident. Who cares after all, get it a try I think. I'm innocent and I have nothing to lose. Then it starts working, I'm doing good, better than what I thought I could do. What was just a thought it can eventually work becomes reality. Here starts the problem for me.
Now I fear it ends, now I don't like when I give back some of my profit (even if I know it's part of the game), now after a lost I want to see more opportunities that actually occur to get it back, I'm getting frustrated... What was just mechanical becomes emotional.
This is how you got out of this circle that interests me, for those who experienced it and found a way.
I think time helps. As I'm standing up after I fell I feel I'm doing better now. So maybe after a while things will become natural and I won't do it (or a lot less).