Think back to your childhood, when you were learning something new. Whether you were learning to ride your bike or solve that Rubik’s cube you spent your time begging your parents to buy you, try to capture that feeling of first discovering the thing you loved so much.
I like to use Twitter as a medium to think out loud on trading or life in general. I write in all good faith, to share some insights and hard-learned lessons.
While a statistically tested strategy and an efficient money management technique are essential, the right mindset is what glues everything together.
It’s a common thing to be frequently annoyed by the market— let’s be honest, it can irritate the hell out of us! But what can we do about that? Well, often the best practice is an internal shift rather than trying to change anything from the outside.
The other day, I was mentioning (to an otherwise smart and informed guy) that I really believe that trading psychology is the most important aspect of trading.
Quotes, man. I love them. Excerpts, proverbs, quips, riddles, koans, aphorisms, limericks, snippets, and lyrics— I’m not the type to discriminate. I love them all.