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The trap of obsessing over daily PNL

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Many traders believe that reviewing their PNL every day is a good idea. Spoiler: it’s not.

The real problem:

Constantly seeing red numbers causes panic. Seeing green numbers breeds greed. Both emotions destroy plans. It’s like driving while only watching the speedometer instead of the road.

The interesting fact: The traders who make the most money are not those who watch the screen all day, but those who have a plan and execute it consistently. The PNL is the result, not the goal.

So what should you do?

Review your maximum PNL once a week. The rest of the time, focus on what really matters:

  • Analyzing the marketplace
  • Improving your strategy
  • Learning from past mistakes

The reality: A profitable trader doesn’t win every day. They win systematically over the long term. That’s the difference between speculating and trading professionally.

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