In the world of trading 📊 many get fixated on one indicator — PnL (Profit and Loss), meaning profits and losses. It sounds important, but should you look at it every day like a mirror? 🪞 Let's figure it out!
What is PnL?
PnL is your financial thermometer:
✅ Positive PnL — you are in the black (profit)
❌ Negative PnL — you are in the red (losses)
Sounds simple, but there's a catch...
Why you shouldn't look at PnL every day?
1. Emotions drive you! 😱
When you see a loss every day — panic sets in.
When in profit — greed sets in.
These emotions can ruin your strategy.
2. You lose focus 🎯
Instead of analyzing charts, news, and the market — you are just looking at the number.
It's like driving a car and only looking at the speedometer.
3. Your plan is more important than the number ✍️
Profit is not a snapshot, but the result of a long-term strategy.
Stick to your plan — and you'll see PnL over time!
How to do it right?
• Check PnL once a week or month
• Instead, focus daily on:
• market analysis
• learning
• refining the strategy
Remember:
A successful trader is not the one who is in profit every day, but the one who systematically earns over the long term. 🧠📆
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