Do you constantly check your P&L throughout the day?

[Spooz Top]

Quote from Puretick_4_ever:

I dont need to look at my P&L because in our super awesome trading room i follow the master always so i know always what my profit is

here's a hint : Its always a lot.

because the calls are that awesome

you are a joke.............beat it.

 

[repoman888]

I'd try eliminating the "daily goal" It's a comfort blanket you don't need.

My daily goal is to make sure I participate with appropriate position sizes in the best risk/reward trades of that day.

Everything seems to take care of itself.

And whenever I stray from that, the market is always there to collect it's continuing ed. tuition. This can take the from of missed opportunities just as much as losses.

Quote from sunggong:

Sounds like you understand exactly what I'm talking about.

Although I don't revenge trade anymore when having a bad day, I certainly do have a problem becoming conservative when I hit my daily goal.

I'm going to get rid of my P&L window for a few days and see if that helps.

I'm also bumping up the share size by about 5% on my system.

 

[forexjohn]

You should check it once in a while but not everyday, otherwise you will lose focus.

 

[dumbgai]

NO, but i always have an idea.