I did some emotional analysis of my trading and found something that logically is wierd.
It seems that the better the outcome -from my biggest risk limit of 2% to the smallest win of about 1-2% - the more stress I experience. Once I clearly have a winner, I can manage the trade just fine, but getting it off the ground seems to have an inverse stress response. Losses of my largest risk limit are the easiest to handle, break evens are somewhat harder, and small gains are soul-crushing; sometimes enough to get me to deviate from my plan, but not always. Here's a picture to illustrate what I mean.
I'm curious if anyone else has experienced this phenomenon. I would assume so. It's kind of a plausible explaination of why traders have a tendency to "cut the winners short."
I'd like to know the root cause of this issue so I can shut it off.
It's affecting my trading only a little. My main concern is still having hair in 20 years. Lol.
It seems that the better the outcome -from my biggest risk limit of 2% to the smallest win of about 1-2% - the more stress I experience. Once I clearly have a winner, I can manage the trade just fine, but getting it off the ground seems to have an inverse stress response. Losses of my largest risk limit are the easiest to handle, break evens are somewhat harder, and small gains are soul-crushing; sometimes enough to get me to deviate from my plan, but not always. Here's a picture to illustrate what I mean.
I'm curious if anyone else has experienced this phenomenon. I would assume so. It's kind of a plausible explaination of why traders have a tendency to "cut the winners short."
I'd like to know the root cause of this issue so I can shut it off.
It's affecting my trading only a little. My main concern is still having hair in 20 years. Lol.