Gabriel Baryard

I must apologize Kiwi, I had not seen your post on this before I wrote mine. It seems our answers both put winning and losing in the same category. Good post. Gabriel

Hey Guys, New here. Been trading independently for 5 years. Mostly equities and a little forex. Nice community you guys have going here. I just wanted to toss my two pennies into the cup on this one if you don't mind. I believe psychology is huge in trading and so my answer to this question is about how I deal with that from day to day and I have to say that just viewing things in this way has been a great help to my trading. My number 1 rule is this, when trading never desire a win or a loss, simply desire an outcome. Pretty simple right? Sounds pretty impotent I know. But in my opinion this is so helpful to me because it helps me to circumvent the highs I feel when I have a good play as well as the lows I feel when I have a losing play. Because my desire is to simply have an outcome I am fine with getting stopped out and consider it a very healthy part of my trading. I could talk about it all night, but that is the basic idea. Best, Gabriel