Beginner Trading Psychology

0 of 11 lessons complete (0%)

Lesson 8 – System Hopping

Problem
You switch strategies constantly. One week you trade moving averages, next week supply & demand, then candlesticks… You never stick to one long enough to see results.

Cause

  • Lack of patience during drawdowns.
  • Belief that the “perfect system” exists.
  • Seduction of novelty — new systems feel exciting.

How the Brain Works

  • The brain rewards novelty with dopamine.
  • The first few trades with a new system feel thrilling, but once losses appear, motivation drops.
  • Without commitment, no statistical edge ever proves itself.

Real-Life Example
Paulius tries a price action strategy. After 4 losses, he abandons it for an indicator-based system. He repeats this cycle for months. His problem isn’t the strategies — it’s never sticking with one long enough to build data.

Practical Solutions

  1. Minimum 3-Month Rule – commit to testing one system for at least 3 months before switching.
  2. 100 Trade Backtest – gather a large enough sample size.
  3. Write a System Loyalty Note – remind yourself why you chose it.
  4. Track Improvements – even in losses, note if discipline is improving.

Key Takeaway: Chasing new systems keeps you stuck on a treadmill 🏃‍♂️. Stick, test, and refine to find your edge 🔑.

tradinglions.eu
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.