Having been in the same boat making .5% to 2% on my capital every day I will always go and ruin it by taking a trade that blows my days earning. Its quite easy to identify this problem, it is one of greed, you think that you trading is blessed and that all your trades seem to work out so you feel confident and decide that your last 12 trades were all winners so now you are ahead financially and spiritually.
Best advice is close your computer down and go out for a walk, the market will always give a good trader money, but not always and consistantly every day at some point even the best trading plan goes and fails because it is probability not certanty we deal in.
Also in an effort to invlove ourselves in a trade we look for reasons to trade rather than reasons not to trade, and we expose ourselves to risk.
My advice is set a limit on the number of trades you make and keep your stop the same size and time frame, progress naturally to other trades don't force them. it sounds like you are either increasing your stop or doing something different like larger contract sizes ( thats my problem, every time I go to the next contract up my trade always go south).
You are doing well and do get Mark Douglas Trading in the zone it is the best for helping you head get round trading
Good luck
Small dog
Best advice is close your computer down and go out for a walk, the market will always give a good trader money, but not always and consistantly every day at some point even the best trading plan goes and fails because it is probability not certanty we deal in.
Also in an effort to invlove ourselves in a trade we look for reasons to trade rather than reasons not to trade, and we expose ourselves to risk.
My advice is set a limit on the number of trades you make and keep your stop the same size and time frame, progress naturally to other trades don't force them. it sounds like you are either increasing your stop or doing something different like larger contract sizes ( thats my problem, every time I go to the next contract up my trade always go south).
You are doing well and do get Mark Douglas Trading in the zone it is the best for helping you head get round trading
Good luck
Small dog