I can double down on this, in the past month I was so biased and not clear headed mentally that I missed some good trades.
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Alright, Iāve been thinking a bit and I just thought of something. I was thinking about subs results, and why my trading performance dropped after few good months.
And seeing @SaintSovereignāunderstanding of the customer maybe you can shed light on this, or have a better understanding than me on this.
There is some kind of āwinner effectā in trading where when you win, it gives you the confidence to take risk, keep trading and apply your strategy.
It have to be balanced with good risk management and be careful not to fall into greed, as in deviating from our strategy or taking massive risk.
But there is also the opposite effect where when you start to lose, confidence drop, doubt gets into your mind and you fall into a rut.
It would be nice to keep a bullet proof winning mindset in trading as drawdown will happen, but we need to be able to bounce back quickly from those to get back in a winning mindset.
Winners keeps winning and loser keeps losing.
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How long until release? Iāve got some ideas that Iām starting to sketch out but might need a week or so until I feel like theyāre able to expressed.
If I do a rough sketch:
There are only 3 things you need. Knowing when to buy (enter, go long), knowing when to sell (exit, go short), and knowing when to hold (waiting).
If we look at the Market Wizards 99% of them do this one thing
RISK MANAGEMENT
Everything else is about following their chosen system and tricks/tips to do that. - (finding a system and edge is good, should be included)
Qullamaggie knowingly overtrades because it scratches his itch.
Some guys do meditations to have patience for when the market makes its move
A lot of them aim to know when they are in flow - or when the markets are making a move. Stockbee also talks about this. He looked at the market whole 2024. When his trading setups started working in July he put on 200%+ of his portfolio. By august he was down to 20% exposure again. (knowing when to hit the trigger).
Soros taught Druckenmiller to bet big when heās certain. (they wanted 15b exposure during the Pound event, Stan only got halfway there).
When reading about all of them though; They failed.
Qullamaggie went from 5k to 100m within 12years. He blew up 3 times.
Most of the advice Iāve found is on what not to do. Buffettās rules:
Rule #1 Donāt lose money.
Rule #2 Never forget Rule 1.
(of course Buffett lost money multiple times, and one of his worse investment was Berkshire Hathaway itself).
If weāre going by the big abstractions:
āKnowing what mattersā
Thereās also this aspect of having fun. Itās not just deep focus or deliberate practice. Itās about deliberate playing āWhat if I turn the chart upside down and tradeā - What if I enter here and here and not where everyone expects etc. - Just to get the cognitive machine running.
Qulla collected thousands of chart images, Stockbee wrote in the market in his market monitor daily in excel. Just to get a daily touch of the market. To start feeling the market.
Risk management isnāt just a good thing; Itās Biology. Itās survival. If you lose, you die.
Journalling as a way of tracking the patterns underneath that impacts your trading (moods, behaviors etc).
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Van Tharp said before that the most important thing is to turn your trading philosophy into an executable system and leave emotion out of it.
Whatever that is called, sign me up.
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Youāve still got time, no worries there.
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Noooo 
I wanted to try this out so soon!
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I donāt think this will be out for a while. I saw Saint asking for a trading simulated platform suggestion.
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Oh well 
No choice but to let them do the testing then.
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Yeah, weāve got scripting being tested now. But, I canāt ask any testers to use their real accounts unless we can first establish a baseline, even though itās āplay money.ā But, it may not be as far off as you may believe.
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Please excuse my insistance, since I started trading three years ago Iāve wanted a sub for that hahaha, Iām very eager for this one!
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I would like to be a tester how does one apply for it?
(Do I need to slide you some cash?)
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I thought about that, how can you bribe a guy who creates ways for you to make moneyā¦ itās ridiculous you ethical beings you!