Much of trading psychology, like much of traditional applied psychology, is problem-focused. We start with a problem and we look to identify and remove or minimize the cause of the problem. This is similar to the framework in medicine. We start with symptoms, diagnose an illness, and seek a treatment that will cure the disease. —Brett Steenbarger
What do you consider to be the problem that is inhibiting you to trade profitably most of the time?
In my book I described the most common issues that traders face that are an impediment to consistent profitability:
(1) The first one is trading without confidence. The lack of trading confidence is the source of many trading related mistakes;
(2) Experience fear, hesitation or anxiety while trading;
(3) Burnout;
(4) The inability to admit trading mistakes;
(5) Not knowing how to think about individual trades in the context of a methodology or trading strategy;
(6) Self-sabotage
(7) Overtrading
(8) The inability to flawlessly execute a trading strategy;
(9) Getting upset in the face of a drawdown and starting to make recurring trading mistakes;
Do not worry if you are facing more than one of these problems. Most traders are. In my book I dig deep into all of these problems and what traders must do to be able to overcome them.