I haven’t been trading constantly as of the last few weeks. Power in my house (I’m on a leave of absence) has been cut off every other morning during trading hours. In addition to that, I’ve been busy working on my EB-2 NIW application, applying for new jobs, and helping out Michael and JD.
Because my mind has not been fully focused on trading, my performance has slipped because I’m not in the optimal mindset. I’m always distracted by something when I’m trading and it doesn’t help that I’ve been trading slow days. In addiction, I’m getting more and more frustrated and that builds up and affects the next trading day’s performance.
Key issues are:
1.) Desperation to get into any and every trade.
2.) because of this desperation, I’m always getting bad prices on my entries.
3.) as such, I have been taking more bad trades than usual. And since you can’t really manage a bad trade, when it fails, I get frustrated and take more bad trades as an example.
4.) this is all resultant of me not paying enough attention to the overall momentum picture. This is a basic problem within me. It is symptomatic of my inability to zoom OUT. If anything, not trading has taught me what to focus on.
I hope when I get back to my last three days of work, I’ll get everything back in check. This EB-2 NIW application is pretty much the huge stressor in my life now as I need to get everything done by end of this month. I just hope this won’t affect my trading too much.