Today I’m feeling sad. I don’t know why. Things are going rather well for me but, for some reason, my mindset is not at its best.
And it’s Ok. Thoughts and emotions come and go, and it’s important to let ourselves feel them fully instead of ignoring them or denying them their existence.
We live in a society where a high value is placed on being positive. Yet sometimes this isn’t as simple as it sounds, nor is it possible. Just telling yourself to “be positive” isn’t much help, because moods can have a life of their own.
The beautiful quotes that you see online often make us fantasize about a perfect life… But realistically, no life is perfect. Even people who seem to have the best lives periodically experience challenges, disappointments, frustrations…
And it’s o.k…
Opportunities in the markets are like taxis: They come and they go. You missed one? There’s another one behind.
This is a good time to remind all of you that you don’t always have to trade. Opportunities in the markets are like taxis: They come and they go. You missed one? There’s another one behind. So, don’t ever think that you absolutely have to trade.
Your results are mostly dependent, in my opinion, on your mental stability. In other words, it’s your ability to fully exploit your edge when you see it appear in the markets; it’s your ability to manage risk.
If you can’t even do those things consistently, then, no matter how much you stay glued to your screen, you won’t be able to create a consistent trading performance.
Some days, you are more prone to making trading errors. It’s important that you learn to read the signs. That’s also the job of a trader.
Some days, you are more prone to making trading errors. It’s important that you learn to read the signs. That’s also the job of a trader. When you finally understand that you don’t need to trade all the time; once you develop enough self-awareness and that you start listening to yourself, that’s when trading takes a whole new dimension.
Instead of being something that handcuffs you to your computer screen, it actually becomes quite liberating because it offers you the choice to do it with pleasure and ease, instead of fear.
So today, no trading for me. Tomorrow is another day ?