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“Journaling my trades specially the bad ones…”

Posted on by Michael Covel

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Good Day Michael,

I wish I could point to a single biggest challenge faced in my trading but I’ll try below.

1. Working a full time career around my trading.
2. Getting out of my own way in trading such as take profits and losses (aka; following my rules)
3. Journaling my trades specially the bad ones! (aka; emotional control)
4. Addicted to option trading which has been the single factor of my last few years of losing full accounts to zero
5. Not having a trading mentor

Out of those, top 2.

2. Following my Rules
3. Journaling my trades to best understand and study my losses

Thanks for hearing me out Michael! I think I have a possibly unique story but not sure. My first few years in trading (started in 2017) were filled with bad habits which rewarded me in a middle of a bull market! From $60 to almost 92k in 3 years. Then the bear market arrived and slammed me back to reality. The ATM was closed and now taking back all of its money! I know I have to unlearn all of my bad habits and replace them with sound consistent good ones!

Thanks again Michael!

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