When you lose money on a trade it has much less impact than losing the same amount of money to a thief at an ATM machine, and when you win money on a trade it also seems much less important to you than if you found a pile of actual cash while walking through the park….even if the amounts were all equal. So much of managing your money correctly in the market revolves around feeling and understanding the FULL IMPACT of your wins and losses, and using poker chips or Monopoly money is a great way to constantly remind yourself that you really ARE losing REAL money that you worked hard for, or that you are making real money that you can use to better your life with (so don’t gamble your profits!) However, when you use poker chips or Monopoly money to keep track of your trading wins and losses,…