Hide your P&L—trade your strategy, not your balance

Hard - Requires significant effort Recommended

You’ve heard it from tough-love mentors: “Don’t trade your P&L.” Yet your heart races when the real-time profit column hits +$500 or –$400. That buzz hijacks your brain chemistry, kicking you into fight or flight. You may exit winners too fast or cling to losers desperately.

The solution? Literally hide it. That’s no glib advice—it’s psychological liberation. When Andrew masked his P&L column behind black tape, his trading improved overnight. His eyes stayed glued to VWAP and candlestick wicks, not flashing numbers. His heart rate steadied, and he started sticking to his plan, not to the swim of green and red digits.

Of course, you still want to know how you did—but schedule it. He sets breaks at 11 a.m. and 3 p.m. to unearth his P&L, savor successes, and debug failures. That controlled exposure means no more emotional hijacks.

Cognitive studies show that removing real-time feedback prevents distraction and impulsive decisions. You’ll trade your strategy, not your emotions. Real-time victory or pain is for the evening recap, not minute-to-minute madness.

Go ahead—cover that profit/loss column right now. Hide it behind a sticky note or toggle off the setting. Limit yourself to checks at set intervals—say hourly on the hour—and use those moments to journal, not to panic. By treating your balance like a bedtime story, you’ll stay laser-focused on your entry and exit signals. Try it today.

What You'll Achieve

You’ll shift from emotion-driven exits to process-driven executions, boosting your consistency. Externally, you’ll stick to your stops and targets without premature reactions.

Remove live-profit distractions instantly

1

Cover your P&L column

In your trading platform, hide or mask the real-time profit/loss column. Out of sight keeps your mind on rules, not green or red numbers.

2

Display only entry triggers

Keep your charts focused on entry and exit levels—VWAP, support/resistance—and remove all live statistics that trigger emotional swings.

3

Journal results after hourly blocks

Restrict P&L checks to scheduled breaks—say at 11 a.m., 1 p.m. and the Close—so you know when to responsibly review performance.

4

Trust your process repeatedly

Remind yourself that profits follow discipline. If your setup hits the entry trigger, execute. Don’t peek until your planned exit.”

Reflection Questions

  • How often do live P&L swings make you change your plan?
  • What will you lose or gain by hiding your profit/loss column?
  • When will you schedule your first calm P&L review today?

Personalization Tips

  • When learning, cover your test answers until you finish the exercise to avoid peeking and guessing.
  • In a diet plan, remove the scales until weekly weigh-in —focus on meals rather than the daily fluctuation.
  • For a presentation, blur your slide notes until you reach each section to prevent stumbling over stats.
How to Day Trade for a Living: A Beginner's Guide to Trading Tools and Tactics, Money Management, Discipline and Trading Psychology
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How to Day Trade for a Living: A Beginner's Guide to Trading Tools and Tactics, Money Management, Discipline and Trading Psychology

Andrew Aziz 2016
Insight 7 of 8

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