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.
“When should I quit trading for good?”
If you’re a struggling trader, I’m sure this question has been in the periphery of your mind at some point.
We all know that working on our trading mindset will make us better traders, but where to start?
Being a good trader is not about making xxx% this month or this year. It’s about developing a set of mental attitudes. When you have that, success (the durable kind) is already yours.
If you’ve watched the movie The Matrix, you are undoubtedly familiar with an iconic scene showing Neo and Morpheus going hand to hand.
At one point, we see a shot of Neo taking a big hit from Morpheus which causes him to fall to the ground. They then exchange the following dialogue:
In today’s post, I want to share a passage from my book, Zero To Hero.
I will make this post short but, hopefully, it’s insightful.
Picture a guy walking a tightrope over the Grand Canyons.
This is a blog post I originally wrote for Paul Koger over at Foxy Trades
Why is it so difficult to succeed as a trader?
Great question, right?
Let me start by eliminating one wrong answer commonly thought to be true: It’s because people can’t find a reliable trading system.
This can’t be true.