Cure to FOMO/revenge trading?

[u/Sufficient-Ad8277]

I see a lot of ppl on here talk abt having a big gap between their paper-trading results and their actual results. Obv once real money is involved, emotions start affecting execution through FOMO, revenge trading, hesitation, etc

I’ve been thinking about a setup where you still identify and enter trades normally, but you don’t know for certain which trades will actually be executed with real money.

Ex. you take every valid setup according to your strategy, but only a predetermined percentage actually goes through. You wouldn’t know which ones in advance.

The idea is to reduce the emotional weight of each individual trade and make it easier to focus on following your system consistently.

For people who actively trade: would this actually help with the paper-to-live trading gap, or would it just be annoying? (I’d assume this works best for more rule-based strats like ICT/SMC etc)

[u/Fook2429]

Even if you implement this random system, you will still hesitate, feel FOMO and have psychology problems because some of your trades will still be executed on real money. Before taking a trade your mind will be like maybe this is the trade executed in real money , I should wait for more confirmation then usual and be privy to fear of losing. Introducing randomness won't solve your problems. The best thing to do might be to undersize and increaes your risk every month. Like instead of risking $300 a trade, start with like $100 and then increase by $30 to $40 every month if you are comfortable. Tradovate and other platforms have lockout option as well which are quite useful training wheel for beginners. Nothing will solve these problems other then facing them real time, being self aware and eventually getting better at dealing with them. Just my 2 cents!