I was reading http://simonsupertrader.blogspot.com/ and read a really good post. Actually there are a lot of great thought provoking posts on the SimonSuperTrader blog. This post hit me because of the place I'm as a result of mediocre results
Currently I'm tracking my performance on a monthly basis. As a result, I get this refreshing sense of starting anew. It is like starting a new year. It is actually very therapeutic for a couple reasons. First, if you are having a great month you are excited of capping the month off with a positive result for the record books. Secondly, if you are having a bad month then you have that sense of a new start with better things on the horizon.
SimonSuperTrader talks about this resetting feeling and how important it is to his trading. He does this 'resetting' every week. I'm not sure why but I have never thought about doing anything different than once a month. To me once a week makes perfect sense. It causes someone to focus a little more intently. I need to think about it over the weekend but I think it may help my performance.
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