There is always so much room for improvement between what you could have made and what you did make
it is very easy for traders to spend a lot of time fixating on what might have been, the dreaded “woulda, shoulda, coulda” syndrome. “If only I had gotten in sooner (or later) and exited sooner (or later). If only this, if only that.….” This is a difficult malady to avoid, particularly because it can affect you even if you are making money. Interestingly, as much as traders hate losing money, quite possibly the single most frustrating experience in futures trading is to close a trade with a profit and then have the market explode causing you to miss out on a much larger profit than the one you took. The only way to avoid the“woulda, shoulda, coulda” syndrome is, when trading, to focus solely on the action of the market from the time you enter the trade until the time you exit the trade. For the sake of your own sanity, what happened before you entered and after you exited the trade should be ignored (for now).
it is very easy for traders to spend a lot of time fixating on what might have been, the dreaded “woulda, shoulda, coulda” syndrome. “If only I had gotten in sooner (or later) and exited sooner (or later). If only this, if only that.….” This is a difficult malady to avoid, particularly because it can affect you even if you are making money. Interestingly, as much as traders hate losing money, quite possibly the single most frustrating experience in futures trading is to close a trade with a profit and then have the market explode causing you to miss out on a much larger profit than the one you took. The only way to avoid the“woulda, shoulda, coulda” syndrome is, when trading, to focus solely on the action of the market from the time you enter the trade until the time you exit the trade. For the sake of your own sanity, what happened before you entered and after you exited the trade should be ignored (for now).
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