The Rules Start Feeling Optional
You had a plan. Buy here. Sell there. Risk this much. Don't risk any more. You even wrote some of it down. The funny thing about rules is that they work really well right up until you don't feel like following them.
The live market is the best teacher, and the tuition makes Pepperdine look like a Dollar Tree. I have decades of emotional scars, hard lessons, and just enough perspective to find it all darkly pleasurable. You've been warned.
You had a plan. Buy here. Sell there. Risk this much. Don't risk any more. You even wrote some of it down. The funny thing about rules is that they work really well right up until you don't feel like following them.
“How’s trading going?” It’s a simple question. Funny how complicated the answer becomes. “Pretty good.” “Not bad.” “Still learning.” Something like that. None of those answers are exactly wrong, they’re just edited. You don’t mention the trade that got away. You don’t mention giving back
You pass a construction site and think copper prices. You see a coffee shop line and think consumer spending. Your kid is talking and a chart pattern is still running in your head. Your phone buzzes. You glance at it before you can stop yourself. Your kid notices.
Most traders get their first warning after a big loss. But the trade that does the most damage usually comes before that. It comes wrapped in a green number, a faster heartbeat, and a thought you probably shouldn't have trusted. Maybe I'm actually good at this.
You tell yourself you're just going to check real quick. That's the lie. A look at how the market quietly moves in with you — and what it starts doing to your head.