I can’t repeat it enough: Losses are part of trading! They will happen, often when you least expect it. The challenge is to learn to accept this reality without allowing feelings of disappointment and grievances to carry on and turn into irrational fears.
Did you ever stop and notice what goes on in your mind when you’re trading – the kind of thoughts and feelings that arise?
Over the course of our lives, we run across all types of adverse situations. Some examples might include you losing your job; you’re backstabbed by a member of your inner circle, your love interest rejects you, you lose a good chunk of your capital in the market. Most of those situations have the potential to
In today’s post, I want to share a few quotes from Howard Marks whom I’ve been reading a lot lately. Howard is an American investor, thinker, and writer. He’s the chairman and cofounder of Oaktree Capital Management and is renowned for his insightful assessments of financial markets.
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
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?