Quote from nkhoi:
how many have you get stop out then it turn around going 'your way' how many times have you said to yourself if only I can hold a little longer, the counter account allows that little time but you still got to be more right than wrong at the end I think it is a way to change from would've, could've stress to busy juggling many accounts stress.
you have something here that i want to touch on and it deals with psychology which is a critical part of everyones trading.
STRESS --- what would and usually does cause this feeling when trading? stress comes from not having a specific plan of attack that you are confident in for whatever price action may do once you have entered a trade. if you keep getting a lot of "unrealized" losses converted into "realized" losses on a daily basis {from stops or reversing constantly} then lack of confidence in a persons system would definitely set in. if you keep getting into trades everyday with no plan or set of rules to carry out while in each trade, then we have all the criteria in place for emotional stress risers --- lol.
the ONLY way to have any chance of eliminating stressful trading is to have a specific plan once a trade is entered for ALL possible outcomes. when you enter a trade and already know EXACTLY what will take place no matter what price action does then you have no fears of the unknown --- because with a plan there better not be any "unknown" events once the trade has been entered. your trade management plan must have all the possible outcomes accounted for. if every possible outcome is accounted for in your plan then what would be the basis for your stress --- there should not be any at this point.
