Emotional reset after every trade?

David's faith

David's faith

i got a friend, also a trader, mainly in CL futures. He is essentially profitable, but he has a handicap. He trades one trade a day and 3,6 out of 5 days they end up in winning days, as his statistics say. If he trades more then 1 trade a day, lets say 2 trades, his losing rate would be significantly higher as he is emotionally not free from the last trade and therefore unable to reset between the 2 trades which leads to doing bad analysis.

Do you know any techniques or trainings for him to emotionally reset after a trade? Mine would not help him.
 
David's faith said:
i got a friend, also a trader, mainly in CL futures. He is essentially profitable, but he has a handicap. He trades one trade a day and 3,6 out of 5 days they end up in winning days, as his statistics say. If he trades more then 1 trade a day, lets say 2 trades, his losing rate would be significantly higher as he is emotionally not free from the last trade and therefore unable to reset between the 2 trades which leads to doing bad analysis.

Do you know any techniques or trainings for him to emotionally reset after a trade? Mine would not help him.
More...

Why are you/he closing his trades at the end of the day?
 
Besides doing body exercises, he has to do mind exercises like

mindful meditation
chakra
tapping meridian points
psycho cybernetics ....

That will probably neutralize negative emotions,
and center our minds.

I do see some traders pray at a shrine before they proceed to their trading desks.
 
Your friend do trades but he not a trader. Trader can't get so emotional with loses. Maybe continue the day with demo, improve or get evidence your trick works. Breathing will not help.. only confidence. As I see it, the journey is not over for your friend, more work to do, and maybe even the more complex one..
 
Leob said:
Your friend do trades but he not a trader. Trader can't get so emotional with loses. Maybe continue the day with demo, improve or get evidence your trick works. Breathing will not help.. only confidence. As I see it, the journey is not over for your friend, more work to do, and maybe even the more complex one..
More...
Actually it doesen't matter if he had a winning trade or a losing trade first, the 2nd trade will just not be as good.
 
David's faith said:
i got a friend, also a trader, mainly in CL futures. He is essentially profitable, but he has a handicap. He trades one trade a day and 3,6 out of 5 days they end up in winning days, as his statistics say. If he trades more then 1 trade a day, lets say 2 trades, his losing rate would be significantly higher as he is emotionally not free from the last trade and therefore unable to reset between the 2 trades which leads to doing bad analysis.

Do you know any techniques or trainings for him to emotionally reset after a trade? Mine would not help him.
More...


I agree with @Leob.

Temporary “reset” is just a band-aid.

Tell him to forget about trading and to take up gardening or something else and to save his money before he blows it.

Reason being is that if a trader is not able to emotionally deal with more than one trade, then it is just an accident waiting to happen.

Seriously, it’s just a matter of time before he flips into a tilt.

The market will find out his every weakness.

He needs to deal with his underlying issues.
 
This is my advice; just do something very simple;
just do one trade per day.

When his account grows, increase the trading quantity.
When his account grows, increase the quantity again.
When his account grows, increase the quantity again.
When his account grows, increase the quantity again.
When his account grows, increase the quantity again....

Soon he will be a billionaire.
 
Last edited:
David's faith said:
i got a friend, also a trader, mainly in CL futures. He is essentially profitable, but he has a handicap. He trades one trade a day and 3,6 out of 5 days they end up in winning days, as his statistics say. If he trades more then 1 trade a day, lets say 2 trades, his losing rate would be significantly higher as he is emotionally not free from the last trade and therefore unable to reset between the 2 trades which leads to doing bad analysis.

Do you know any techniques or trainings for him to emotionally reset after a trade? Mine would not help him.
More...
Hello David's faith,

Leave your friend alone, he is making money. Why bother him for?
 
You must log in or register to reply here.
Back
Top