To judge yourself not on how much money you made today, but on how well you traded today.
The following comes not from a trading book but from a poker book by Dusty Schmidt, who is a very good poker player.
http://www.pokertableratings.com/stars-player-search/Leatherass9
http://www.pokertableratings.com/fulltilt-player-search/Leatherass9
Just replace the word 'playing' with 'trading':
- How well you played overall
- Quality of your thinking
- Quality of decisions
- Number and size of mistakes
- Quality of focus ('the Zone')
- Length of time spent focused and playing well
- Length of the session
[the two above are probably not relevant to trading]
- Ability to manage emotions, focus and thinking
- Ability to work through a tough mental or emotional spot
The following comes not from a trading book but from a poker book by Dusty Schmidt, who is a very good poker player.
http://www.pokertableratings.com/stars-player-search/Leatherass9
http://www.pokertableratings.com/fulltilt-player-search/Leatherass9
Just replace the word 'playing' with 'trading':
- How well you played overall
- Quality of your thinking
- Quality of decisions
- Number and size of mistakes
- Quality of focus ('the Zone')
- Length of time spent focused and playing well
- Length of the session
[the two above are probably not relevant to trading]
- Ability to manage emotions, focus and thinking
- Ability to work through a tough mental or emotional spot
