Desperation
Petulance
Vengeance
Demotivation
These were among the emotions that drove me this week
No surprise, it's a devastating week, where I lost over 200p, $100, or about 30%
The only surprise was I still have my account
But with just over $100 remaining, it's as good as busted
The 20p challenge didn't work for me, at least not in this state of mind
Was too desperate to prove something
After taking a few days of break, I've reverted to trading demo again
Turned out to be rather positive performance, with less emotional stress and fear
So... how do I know I'm ready for live trading again?
- When I'm profitable with at least +80p weekly gain for 4 out of 6 profitable weeks
- When I'm getting Grade B for 4 out of 6 weeks of at least Grade C
- When I can declare that I'm on top of my emotions while trading a demo account
The last one isn't scientifically measurable, but let's start like this...
Grade: E
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