In the first part of this article, I briefly discussed a rather painful early trading experience during the financial crises in 2007/2008.
I was short and still somehow killed my account.
I let my emotions dominate my trades earlier in my career.
My self-worth was tied to each dollar made or lost.
I was many things back then.
Too eager, too risk-loving, too young.
Eventually, learned that my trading career is like a war that never ends.
Every minute of trading is a battle with others trying to separate me from my money.
If we fail to manage our emotions, we become easy targets.
After blowing up my account multiple times, I learned some very painful lessons.
As promised, I will share with you my framework to keep psychologically sane while trading and also what to do when off balance.