What is your biggest challenge you have faced with your trading?

What is your biggest challenge you have faced with your trading?

My biggest challenge have been to find my trading philosophy and a robust trading system. I have wandered between different methods of portfolio optimizations and then equity research/firm valuation. But none of these have resonated with me or given the performance or mirrored my own limited experience with trading on the market. Trend following is the first time, an approach reflects what I have experienced and seen on the market such as “Don’t miss the bounce, get out early etc”. I need a system with trading rules before hand. I read about the term empathy gap that explains it well: “The empathy gap is a cognitive bias that makes it difficult for people to account for the manner in which differences in mental states affect the way that they and other people make decisions.” I have experienced it. I know that I don’t think as clearly when the heat is on, the thinking needs to already have been done before.

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