What to do after a winning streak

After a great win streak, it is always good to sit down and review the top priorities.

1. Money Management

It is easy to think that you are invincible after series of wins. Winning can be due to the fact that
your style matches with current market context, improvements in your execution, and sometime just luck.

However, never forget your sole goal as a trader... TRADE WELL.
Focusing on becoming a better trader, managing risk well, understanding market better, and better emotion control...  Then winning will take care of itself in the long run.

Don't rush. Don't raise trading size. Just focus on the task list as always.

2. Right Expectation

We often raise expectation of ourselves and market after good run.
Pressing too hard and expecting to make more can be mentally very harming. 
Keep study goals high but return expectation low will keep a developing trader in a good shape.

3. Learn from wins

When you lose, you should not lose the lesson. Same applies to winning trades.
You can always find the good portions of what you did good, rewind and replay it, and make it
part of you for the future.


4. Reduce Size

This is linked to the first priority. I often find it is good to reduce size to 1/2 to 1/4 of your normal size.
It will make sure you don't get over excited, and keep in sync with market context.

Another way is to diversify the instruments you trade.


It is not about how much money you can make in the short period of time.
It is about how much you can KEEP in the long run.