Don’t Tinker with Trading
When used as a verb, tinker has the following definition: attempt to repair or improve something in a casual or desultory way, often to no useful effect.
When I was younger I would have several successful trades or weeks, then get hit by a big loss or several losses and I would immediately start to tinker with my trade setups and indicators.
This of course immediately messes with your head and doesn’t help. I was reminded of this as I watched golf this weekend. Continue reading