CROWD ALGO TRADING SYSTEM – 20210125 – DAY25

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Day 25 is January the 25th and it is a Monday.

 

The current numbers are looking good, I should be happy, but actually I am not.

 

Today I have spent most of my time talking to the network provider support three or four times.

 

My new router says that I should have an improved connection speed, but actually I can’t connect to any website.

 

Yes, I have a plan B, that is a second router with a second contract. 

 

I am using it right now.

 

And yes, I also have a LTE mobile phone with a costly contract, that is my plan C.

 

Actually I never do anything without a plan B or plan C.

 

I am ancient enough to know who Iron Maiden is, so right now I am listening to the Youtube video that is called: 

 

Fear of the Dark – Progressive Psytrance remix

 

to improve my current mood.

 

If you like base, this is something that is really something you should check out.

 

Actually we all are humans and we have good and bad days.

 

Trading is also emotional, because a profit or a loss might affect your current mood.

 

And the reason why we want to trade is also the reason why I think most people fail in trading.

 

Emotional reasons to do or not do something is the opposite of what I think is required to improve your results.

 

One of the reasons is that our emotional response to bad news are always several times stronger than our emotional response to good news.

 

Trading is totally against human nature.

 

You do it, because you want to enjoy the opportunities that come with a big profig, but then you are totally imprisoned because of your fear of a loss.

 

Or, to say it with Iron Maiden: your fear of the dark.

 

I remember how it was to wake up in the middle of the night and ask myself if my account would be still alive.

 

There is one thing that is working very well against that fear – and that is to start with a small Cent account and grow with your results.

 

Nobody will lose a good night’s sleep because of a loss of 17 cents.

 

That is totally different when you fear to lose 1700 dollars.

 

It is the same thing, but it feels totally different, because of the impact that thing has for you.

 

So the best way to never manipulate your own trading rules is to trade an account that is small enough so that you don’t have to deal with the fear of the dark.

 

It is never a problem to scale up your account later, but first make sure that everything works as expected.

 

If you want to join this journey and benefit from the findings to improve your own algorithmic trading system, just keep watching this automated content and be my guest!

 

So what do you think? What could you do to escape the fear of the dark? Let me know.