Gunshy

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No trades tonight…been a little reluctant to pull the trigger. I missed a perfect setup in CHF when it bounced off the 2000 figure. Dollar is really weak, not much news going on.

Why am I afraid to enter a trade?  There might be two reasons.

First, I could be trading a position size that is way too big.  If I trade too big, then that would make me reluctant to take a trade.  If I trade a smaller position size that doesn’t make a huge impact on the total account, I think I would be more likely to take the trade.

Second, I’m probably not confident in my trading system, or I don’t have a system.  If I really think about it, this is probably the reason more than anything.  But how do I test a system and be reasonably sure that it works?

Are you afraid to trade?

If I was able to test it and see some actual results that would help a lot.  Also, the act of testing the trade over and over, would give me a lot of practice and make the process automatic.  I’ll have to figure out how to do this.

I want to get back to feeling like this.

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