It’s not the market that throws us lemons, it’s what we do with them. Keep this in the back of your mind…
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.
We get tons of training in thinking and problem solving, but we rarely if ever get any training in awareness. Yet, awareness is often the prelude to any solution to our inability to be and stay consistent in trading.
While a statistically tested strategy and an efficient money management technique are essential, the right mindset is what glues everything together.
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.