Simple Ways to be a Losing Trader

Here are some simple ways to be a losing trader.

  • Don’t keep a journal – just eyeball your daily P&L number
  • Enter trades without a plan to exit
  • Place trades manually in the GUI (or even better, on your phone)
  • Use ballpark position sizing – size your positions based on feel
  • Watch other traders post their trades on X/Twitter
  • Whatever you do, don’t backtest

Any other good ones that I missed?

-Dave