 So think back when you had your last major loss or if you haven't had one yet pay attention to this if you incur a major loss did it come right after a state of euphoria or was it related to a situation of just self-sabotage because what you'll find is that major losses are usually a result of one or the other euphoria or self-sabotage. Now of course every trader is different. Every trader has a different threshold for when this overconfidence or euphoria may start. For some traders this streak is just a few trades in a row some it's looking at a very steadily rising equity curve or in some cases even just one winning trade but be aware when euphoria takes hold you're in deep trouble and this is where self-awareness comes in and plays a huge role because when you're in a state of euphoria you can't perceive the risk. In your mind nothing can go wrong at this point and if nothing can go wrong that there's no need for rules there's there's no need for boundaries and so what happens many times is this is the point where you start putting on larger than normal trades and inevitably that's when the market slaps you the worst.