• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer

Lucra® by Mindie Kniss and Sean Stephenson

Success coaching for entrepreneurs and traders, plus online courses on coach training and professional speaker training.

  • Coaching
  • Shop
  • Contact
Home » Blog » Let’s Talk About Tilt…

Let’s Talk About Tilt…

May 12, 2022 3 Comments

Or

How I turned a $200 loss into a $1,000 loss.

Share this:

  • Click to share on Facebook (Opens in new window)
  • Click to share on Twitter (Opens in new window)
  • Click to share on LinkedIn (Opens in new window)

Filed Under: The Daily Rage

Comments

  1. James Plair says

    May 12, 2022 at 4:47 pm

    I’m sorry to hear about what you went through today, Ms. Kniss.

    I have been in that nasty spot, too, more times than I care to admit. This day trading is also kind of like a competitive sport, in that athletes lose the game mentally before they lose the game physically. Mentality seems to be 80 to 90 percent of successful day trading. It’s so hard to pull ourselves away from the trading table, especially when we are not trading well.

    It is so hard to master the mental part of this day-trading game. John Carter always likens a day spent day trading to a day being spent in front of his psychologist.

    We have to self-check ourselves almost every few minutes to see what our state of mind is at any given moment: Are we feeling greedy? Are we feeling fearful? Are in a state of “trader’s revenge”? Are we thinking only of the reward, the money? Or, more importantly, are we thinking of and sticking to our day-trading plan?

    Scary thing is, when emotions are dominating us, rarely do we even realize it is happening to us again and again and again…until it’s too late, and we have to put yet another notch in the “Loss” column.

    Mindie, tomorrow’s another day to trade (unless you are starting your weekend early, of course). As always, thanks for sharing. So humble of you to admit your mistakes and talking about them will resonate with us and yourself, too.

    Reply
  2. Mike says

    May 13, 2022 at 6:57 am

    I really appreciate your honesty.

    Reply
    • Mindie Kniss says

      May 13, 2022 at 1:44 pm

      Hey Mike, thanks so much for the feedback.

      Reply

Leave a Reply Cancel reply

Become a Funded Trader
Save 50% on any size Evaluation Account with coupon code: YRKUIGCJ
Click to Learn More

Get The Daily Rage in your Inbox
SUBSCRIBE

Trading Courses
View Training

Join The Conversation

  • Mindie Kniss on Dow on the Struggle Bus 🚌
  • Sheila Crosby on Dow on the Struggle Bus 🚌
  • Jeff on Back At It
  • Mindie Kniss on Back At It
  • Jeff on Back At It

Let’s Be Social

  • Instagram
  • Twitter
  • YouTube

Customer Login

Ambassador Login

Get Access to our “True Wealth” course, in addition to our latest podcasts & programs:

GET ACCESS

Follow Us on Social

  • Facebook
  • Instagram
  • LinkedIn
  • Twitter
  • YouTube
  • About
  • Podcast
  • Course Catalog
  • Coaching
  • Our Books
  • Contact
  • Coach Training
  • Speaker Training
  • Sedona Retreat
  • Futures Trading

Copyright © 2023 Lucra LLC. HeartPath®, The Daily Rage™, and Lucra® are trademarks of Lucra LLC. All rights reserved.
Privacy Policy | Terms & Conditions
As an Amazon Associate, I earn from qualifying purchases.


DISCLAIMER:  All information and data on this site is for informational purposes only.  This information is based on my personal opinion and experience, and should not be considered professional investment advice.  The ideas and strategies should never be used without first assessing your own financial situation, or without consulting a qualified financial professional.  My thoughts and opinions will change from time to time as I learn and accumulate more knowledge. NOTICE:  No representation is being made that the use of this strategy or any system or trading methodology will generate profits.  Past performance is not indicative of future results.  There is substantial risk of loss associated with trading securities.  Trading securities is not suitable for everyone. Do not trade with money you can’t afford to lose. This website is neither a solicitation nor an offer to Buy/Sell futures, options, or currencies. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this website. The past performance of any trading system or methodology is not indicative of future results. CFTC RULE 4.41 – HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.