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A cycle of our psyche?
I noticed from my equity curve recently that there tends to be a wave of ups and downs and I tried to determine if this has to do with the market or it's our own psyche that dictates these results? These waves happen on a very almost symmetrical order, in terms of time and $ value. Do you know what I'm saying?
I mean, I'm a discretionary trader so when I execute trades to the setups on entries, no problem there, but I think it's the exit that is more flexible depending the market condition. So I'm not sure whether there is something in me or my mind that cause the equity to move to a level, then move back down then up again.
I've read somewhere that we humans have a cycle to everything we do, at work, at play, etc. An example is not all of us devote all 8 hrs at work in productive mode. Stats show that no one can produce even half of those hours productively. So I'm thinking that traders that falter in their equity is due to lack of concentration, focus, productivity. It must be difficult to maintain high level of productivity for long before a drop and a losing streak would come. Any ideas doc?
Last edited by torero; 08-14-2007 at 03:55 AM.
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