Equity update – 12/7/2017

You may have noticed a slowdown in posts.

Second only to setting up a proper trading system, managing emotions is the most important aspect of discretionary trading.  And the system is there in part to manage those emotions.

I hate drawdowns and when they happen, it’s hard to talk about it and be transparent about them.  Today, since I’m up again, it’s easier to talk about.  Getting to a place where the emotions are the same, regardless of the P&L is an indication that your trading is on the right track.  Focusing on the ability to execute the plan, to follow the process is better than focusing on the P+L.  If the system/process is right, the P+L will take care of itself.

EQUITY UPDATE:  $17,050 | +70.5%

 

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