I discuss how I moved the goalposts during a trade. I changed what I was going to do by talking to somebody else and when it didn’t work I had no solution. I then allowed it to bleed into the rest of my week.
I talk about the struggles another trader is having and then we go into how he is reviewing his trades and how I am reviewing my trades and what we can learn about doing it better.
This is a very important episode for me and it’s about coming off a nice run of trading and facing that first loss. This is something that will challenge you your entire career.
I talk about maintaining the right perspective as you navigate through different environments and see different things happening around you. It’s very important to understand these cycles so you do not get caught up in them.