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.
This is a guest post by AK from the Youtube channel Fallible.
It doesn’t take much to create a monthly income from trading.
For many, one good trade, that’s all it takes.
But, if it’s that “simple”, why can’t people do it?
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.
One of the hardest things about trading is to be (and stay) consistent.
Most struggling traders can’t seem to do this because they’re so compelled by short-term rewards or short-term pain avoidance.
The typical trader’s mornings are often filled with busyness, chaos, noise, and anxiety.
Often, time is wasted on trivial things; preparation is done at the last minute, and this sets the tone for an emotional approach to trading.
This is a guest post by AK from the Youtube channel Fallible.
Hi everyone!
I must apologize for the long silence.
What have I been up to?
