The hard road to consistency

Quote from danielc1:

When I started to trade, I learned a very good lesson about consistency that is still helpfull today for me:

I had to change my believe from good or bad, related to the outcome in money, too following the rules of my system. I had to reward myself for following the system no matter what the outcome was in regards to money. I could only do that, by giving up money goals in the short term and start setting goals about not making a mistake on my trading rules.

The goals I set where personal things I loved to do or hate to do.
For example: If I follow al my rules today, I will reward myself with a new book I want. Or If I do not follow al my rules, I will clean the garage this weekend.

Simple but effective...
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and trade small. Practice your execution. It comes first. Analysis second

Quote from calmeurotrader:

today P/L: 630$
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congrats!
 
Quote from calmeurotrader:

SELL 148K 28487 STOP 28547 TARGET 367
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I notice your size changes slightly from trade to trade, is that based on account size? or probablility of the set up?
 
I notice your size changes slightly from trade to trade, is that based on account size? or probablility of the set up?
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It's based on the type of the setup. 1min setups have a lower risk than 5 min ones.
The size is also adjusted at the end of the month based on the account size.
 
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