Bracket My Order
Most traders over-complicate the process and make it much more difficult than necessary. Whether in trading, sports or virtually anything, in all my pursuits for performance I found it best to minimize the moving parts to as few as possible.
Trading isn’t complex, people are. We make trading more difficult than it needs to be by adding emotions like hope, greed and regret into the equation. The key is to remove all the unnecessary moving parts until you are down to the shortest distance between you and your goal.
That is why I keep repeating the same mistakes for 12 years.
Obviously, I fight it. But more obvious one is I allow myself to experience the tilt by ridging it only in binary answer. E.g. Sell all at 141 or sell all at 139.
What I should DO? JUST SELL HALF!. Target at 141, feel uncomfortable then sell half at 139, another half at 151 an another half at 200. That will 4R profit with 30% run.
DO NOT FIGHT IT. DO NOT FORCE IT. BEND WITH IT!
Here are some ways to reduce unnecessary drama in your life:
- Recognize when you might be creating drama. You get what you put out.
- Change your perspective.
- Don’t feed into other people’s drama.
- Reconsider unhealthy relationships.
- Be clear and straight with other people.
- Be slow to label something as “drama.”
- Learn from drama.¹³
Do you want me to look up more information on any of these steps?
Source: Conversation with Bing, 3/17/2023(1) 7 Crucial Steps to Minimize Drama in Your Life – Tiny Buddha. https://bing.com/search?q=how+can+I+reduce+unnecessary+drama+in+my+life Accessed 3/17/2023.
(2) 5 Ways to Avoid Drama in Your Life – Psychology Today. https://www.psychologytoday.com/au/blog/in-flux/202108/5-ways-avoid-drama-in-your-life Accessed 3/17/2023.
(3) 7 Ways to Avoid Drama in Your Life – Aisles of Life. https://aislesoflife.com/2022/02/25/how-to-avoid-drama-in-your-life/ Accessed 3/17/2023.
(4) 5 Ways to Avoid Drama | Psychology Today. https://www.psychologytoday.com/us/blog/in-flux/202108/5-ways-avoid-drama Accessed 3/17/2023.