Itās odd how easy it is to consistently LOSE - isnāt it ? Whereas itās really hard to consistently win !
Something I found confusing but useful too is to make notes when entering a trade of exactly Why the trade was entered and to write down the feelings - so often it is a āFear of missing outā and exits are often due to a fear of losing too much. (on the very bar which is a āReversal pointā ).
I think āeducationā really starts when you go back and examine these trades afterwards (take screen shots of teh action on small time scales) - then go throughh them again, and try to feel those same emotions. See how your emotions "(Evolutionās protection mechanisms) are entirely inappropriate in trading.
We are forever told from birth āA bird in the hand is worth two in the bushā - Well maybe for a āHunter gathererā that is true, but in a trading environment, it is self destructive. (Small wins - Big losses)
Then when you have done that a few times, when you are ready to take your next bet, steel yourself and when the pressure to āBetā is intolereable, press the button, but instead of āBuyingā - SELL ! {I assume you are on āDemoā btw}
There is a lot of āstuffā to be learned !