Disliked{quote} Congratulations on your fatherhood, jurtziI totally understand what you mean by saying 'the pressure of having to be profitable soon'. It is such a blind alley! I've been guilty of playing with high leverage before, just to get badly burnt. Oh well, as RJ says, sometimes we won't learn until we make a mistake ourselves. No matter how much you read, theory can't compete with experience and the pain of loss. I believe trading is about developing the right habits, and that certainly requires working on oneself. And it won't happen...
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Good judgement comes from experience, experience comes from poor judgement