The death of certain illusions is often accompanied by a significant shift in how you approach trading. So here’s something that will hopefully help kill one of the most pervasive illusions out there.
This is a super short post. As I sit back and reflect on my journey as a trader –where I was and where I am today– I can clearly point out the things I didn’t get right at first. For instance, one of the fundamental lessons I’ve learned and come to accept is that control
What separates the winning traders from the losers? It’s not their accomplishments, which are just symptoms, after all. It’s the way they think.
This is a guest post by @LoneStockTrader lonestocktrader.com
Impatience is one of the most common forms of resistance to the practice of good trading. In a way, it represents your mind’s attempts to hold on, to solve a problem where there is none, thereby creating one in that process.
We’ve all done it before… we have a plan, we come in the market well prepared, but then, we end up behaving in ways that are irrational and destructive. It hurts! So, naturally, we resolve to behave differently in the future.