If you decided to withdraw your #daytrading profits daily, would that change how you trade for the better?
It can create a real sense of the profits & losses being real, not just numbers on a screen. This may help some ppl. Think about the concept to see if it would help you...
It can create a real sense of the profits & losses being real, not just numbers on a screen. This may help some ppl. Think about the concept to see if it would help you...
An actual withdrawal doesn't have to take place. Profits could simply be transferred into another account with your broker. On losing days the profits get transferred out and back into the live trading account...
Some people trade best when they're not thinking about money at all.
Others need to think about the money to realize this is a business, a serious endeavor, and that those numbers you're looking at aren't just numbers, but money that can change your life....
Others need to think about the money to realize this is a business, a serious endeavor, and that those numbers you're looking at aren't just numbers, but money that can change your life....
Jesse Livermore used to lock himself in the bank vault with his $, so it was tangible, real, and he realized the seriousness of it.
Sometimes I trade better not thinking about it. Other times, I need to be reminded that what happens on that little screen affects my livelihood.
Sometimes I trade better not thinking about it. Other times, I need to be reminded that what happens on that little screen affects my livelihood.
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