The emotional side of trading is really a roller coaster, especially for someone who is trading full time. Iâve got a mortgage. Iâve got two kids. Weâve got grocery bills, and when I have a losing day, it can hurt. I wish there was some way to smooth out the euphoria and the nausea: the euphoria of the good days when Iâm making a lot of money, and the nausea I feel when I have a particularly bad day.
My wife is very supportive. In fact, sometimes when I have a bad day, Iâll talk to her about it, and sheâll help me focus on the big picture. Humans tend to live very much in the present. Even though Schindler Trading has a very good long-term track record, if I have a losing day, I feel bad. I wish I could figure out how to stay focused on the long-term good results. Losses are just part of life. Weâre going to have losing months, eventually weâll probably have a losing year, but weâve been profitable so far and we expect to stay profitable. But when youâre in that losing day or losing week or month, it just feels lousy.
- Aaron