I can’t repeat it enough: Losses are part of trading! They will happen, often when you least expect it.
The challenge is to learn to accept this reality without allowing feelings of disappointment and grievances to carry on and turn into irrational fears.
Did you ever stop and notice what goes on in your mind when you’re trading – the kind of thoughts and feelings that arise?
Over the course of our lives, we run across all types of adverse situations.
Some examples might include you losing your job; you’re backstabbed by a member of your inner circle, your love interest rejects you, you lose a good chunk of your capital in the market.
Most of those situations have the potential to make us wiser, but notice how easy it is for them to instead make us bitter.
My goal here at Trading Composure is to help show people what trading is all about – it’s not just about trading systems, analysis, and risk management. There’s also a mindset component to it all that too many people ignore.
And because they ignore it, they never really get to a point where they can deliver predictable results in the market.
The market is a risky and uncertain place.
Of course, this probably won’t prevent you from being attracted to it and from wanting to trade it.
And, for good reason — in general, hiding under your bed to avoid risky decisions is not an ideal way to live life. What’s more, we all know that risk can also imply opportunity. So, risk is not always a bad thing.
Hi everyone!
I must apologize for the long silence.
What have I been up to?
I’m a sucker for stories with a powerful message.
Especially those coming from the Zen tradition.
They often seem strange and confusing, but if you look closely, they contain profound wisdom.
For a few years, I went through some tough financial times. First, I failed a lot at trading. It’s no secret. But even when my trading performance started getting more and more consistent, I was still struggling financially. If you’re struggling financially and you’re wanting a way to track your expenditure and receipts, have a look into how using Everlance could help you.
The reason was that I didn’t know how to manage my finances skilfully.
