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%% That's right. Almost all the time, regret is wrong thinking, sometimes from a wrong action I did[feel] regret with a small profit in SDOW; but on further thought,its better than a loss.Prefer big trends, but see what i mean, Lukas?? Besides a profit is better than a loss; + you may find something better than SDOW.......
As far as feelings go, my banker dad told me a lot, even though he enjoyed his work mostly; he did'' not feel like going to work Monday ''. BUT so what, Lukas, there is work to do so --he got back to work. Good question.
It's not easy to deal with. I tell myself that if I follow my rules through the course of the month, I will be successful. I don't need those big candles, or runs that happened on a different stock.
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And mr Lucas need$ to look @ many more charts.I hated [some regret] after i took a small profit on SDOW, it turns around + starts BIG trending again.LOL
FOLLOW the well tested rules/plan. Actually easy to get back in,+ found something better.Fundamentals win in the end , that's why GE went down 90% /+from all time HIGH. Some times you may want to modify a plan, like when 50% off sale pays off ........................
.Winning in trade without losing your mind is important. You can turn your failure or regret into action through Trading journal. It is an effective tool which is used to study past trades and boost present trading systems. It helps to contemplate on both winning and losing trades which gives the more analytical and organized thought process and trading journals decrease overwhelming regret and promotes growth oriented state of mind.
I would like to make a modest suggestion: trade a ridiculously small size and let it work in the market.
So - for example, instead of trading ES, trade QM or SPY shares. Have a realistic, attainable profit target and a sensible stop-loss level.
You need some validation and positive reinforcement for your trade ideas without carrying an elevated level of anxiety. Ease into it. Once you build consistency and confidence then you can lever. Just get it going - build some momentum. It’s a process. Plan your work, work your plan, and give it a chance in the market. If you have to be flat at the end of each day - then that alters the calculus to s certain extent and we can have that discussion.
I wish you good fortune!
No worries trader . What’s important is that you realize what you missed out on . Small mistakes in trading help us avoid many big mistakes in future. So now you probably understand the importance of staying calm while trading. Don’t let your emotions affect you. Remember, not losing hope and patience is the key. Go out for a walk in between, take a break and think patiently before closing your positions. Make it a point to never mess up.
You don’t have to think about "what would have happened?" or "If I did," the market is very volatile and not easy to predict, there are moments where you make a bad move and end up losing or not investing and the market changes as you hoped, What you need to do is stay focused and leave behind those mistakes or regrets you may have and move on.