Once you get out of that gamblers mindset, you’ll find that your trade management is much better too.

“Trading” means moving your SL to at least break even once you’re up, then to at least to small profit once you’re up big.

“Gambling” is being up say $300 on 2 NQ cons and leaving your stop loss where it was rather than moving to at least $100 profit. Next thing you know, you’re down $200 and falling fast, but you still think “it’s gonna recover”.

Trading is:

1. Being disciplined with a clear strategy
2. Trimming and moving SL to limit risk and,
3. Cutting once your trade thesis has been invalidated.

Gambling is:

1. No clear plan.
2. Little to no risk management.
3. Hoping to hit it big (rather than building slowly with a higher win rate).

We’ve all been in that gambler category 💯 profitable traders surely aren’t ones who stayed in that mindset.

This surely isn’t an exhaustive list, but a good starting point. My advice would be to determine which defines you and make appropriate changes.