tag:blogger.com,1999:blog-20374666.post2005241899091583162..comments2024-03-05T07:50:04.017-05:00Comments on Stockbee: Manage what is under your controlPradeep Bondehttp://www.blogger.com/profile/16750002566366368685noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-20374666.post-8039785002712028072019-01-12T07:07:09.351-05:002019-01-12T07:07:09.351-05:00I like your style Pradeep. I really do. Let me tel...I like your style Pradeep. I really do. Let me tell you my story briefly. I can learn so much from your blog and strangely, what I am trying is step 1 of the investing cycle, not step 54.<br /><br />1. I have profitable systems which I have backtested 20 years+. No curve fitting<br />2. I lose money still<br />3. Why? Because I continuously over trade and when I do win, I get blown out by taking trades that are outside my systems<br />4. I set out and say I need to ring fence capital to allow for drawdown on each given system. 5. X Weeks down the road, I don't follow the rule book and inevitably get blown out through either overtrading or reading blogs and being sucked into fanfair<br /><br />I need to break this cycle, stop procastinating and just remember that its all under my control. Friday 11th was the first day in months I was slightly more in control than before. Still not fully in that I am overstaked but before, if I had a few £k capital free margin, I would take another trade. This time, I have said I cannot afford it because I am undercapitalised on my open trade. This in itself is not right but I guess 2 wrongs would not make a right. <br /><br />I dont know why I am opening up to you here and saying all this. Trading is lonely and I need to sort out the basics. <br /><br />Next week my objective is simply to have the week as being a "perfect" week. Not in terms of whether I make a profit or not. This is I accept a roller coaster. Just to follow the rules and not create unnecessary stress<br /><br />It is ALL under my control (apart from how the market moves which is a no control zone for everyone). What I can control, I have to control properly<br /><br />Keep up the good work PradeepStrategyTraderhttps://www.blogger.com/profile/09834014749985751495noreply@blogger.com