Module 6 — Psychology & discipline
Overconfidence after a winning streak
5 minute read
In plain English
Consecutive wins feel like skill. Often they are a favourable market period.
Why it matters
Position sizes tend to creep up just before conditions change.
Example
Five wins in a week during a strong market, then one oversized loss removes all of them.
Try this
Keep position sizing fixed by formula regardless of recent results.
Common mistake
Rewarding yourself with bigger risk.
What this does not mean
A streak is not evidence that your edge improved.
Educational content only. Not financial advice.