A trader reflects on hitting consecutive million-dollar months and why success can be dangerous. The psychological toll of winning streaks can breed overconfidence, leading to bigger losses. Sometimes the smartest move is stepping back.
Chapters
I took a week off. It's like I need to recalibrate myself right now because I've had two back to back million dollar months. First time I had two back to back million dollar months. And I can see how I feel already. It's weird. And I'm pretty sure traders can relate to this. Every trade I would take, I would hit. I feel my confidence and ego getting way more than I wanted to get out. Yeah. And I was like, I know where this leads to because I've been in this predicament before, right. Where next thing I do is I put on massive size and I get burned. So I was like, I need to take a week off. I need to process all of this. I need to come back. But I was able to keep the momentum of making half a million or 600k the month keep going. Right. Just because I was like, okay, I'm getting close to the year. I don't want to push. And the crazy part is seven and a half million in 2021. And then you go to 2022. I think I was at 1.4. You see the shifts in the market that happen in terms of like profit wise.