The Pain of Leaving Money on the Table
On Friday, we caught a 2.5R trade. The market then continued dropping another 3.5%, turning what we took as 2.5R into something that could have been around 17R. Frustrating? It used to be. But it doesnāt hurt me the same way anymore, because I know how many times in the past I chased price, got greedy, ignored my plan, and ended up giving money back to the market. Did we win? Yes. Did we make money? Yes. Could we have made more? Clearly. But could we have known the market would drop that much? No. And thatās the key. We take what the market gives us based on our plan. We donāt start making decisions based on greed, hindsight, or emotion. The market will always find a way to create pain. There is pain in closing too early.There is pain in closing too late after being in big profit.There is pain in not entering because you didnāt have the right confirmations.There is pain in chasing a move and getting burned. You donāt avoid pain in trading. You choose which pain youāre willing to accept. For me, Iād rather accept the pain of taking profit and leaving money on the table than the pain of breaking my rules and destroying my account. The goal is not to be emotionless. Thatās unrealistic. The goal is to feel the emotion, recognise it, and still respond with discipline. Thatās what changes your trading.