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A short thread: My trading platforms have been off since Dec 24 (crypto on the phone)
During several yrs. In the past, I had suffered drawdowns over the holiday season that I chalked up as poor analysis/management, which I ignored quickly and carried on. One of the drawdowns
During several yrs. In the past, I had suffered drawdowns over the holiday season that I chalked up as poor analysis/management, which I ignored quickly and carried on. One of the drawdowns
resulted in a complete erase of any yearly gains + 6 fig. loss. Then one year, as the holidays approached, my subconscious reminded me of the loss/es and poor performance during this time of year, and I decided to completely shut down and relax and enjoy my family. That was 2007.
I reviewed the reasons that may have caused these sudden swings and found that it was ALL mental. My psychology had changed from disciplined and tactical to very loose and spontaneous unknowingly due to my surroundings' festive nature. It exposed a weakness that I
had ignored quite a few times in the past, so I decided to change that by simply not initiating any new actions and shutting down until I felt ready to get back to calculated behavior.
I post this to relay the message that I believe we must listen to our subconscious or not ignore it when it sounds like a warning sign. It helped me. It may help you. Cheers
