OK, then hither comes 1 of my best posts.
I’ll give y’all a stance y’all won’t listen from whatever mentor, coach, guru, or furu.
Why produce then many traders utter most trading existence a mental game as well as making bad trades because of emotions? Why produce y’all uncovering yourself making the same mistakes over again as well as again, making coin exclusively to lose it?
Is it because y’all lack discipline? Is it because y’all cannot command your emotions? Is it because y’all don’t stick alongside a trading process?
You conduct keep emotional problems inward markets because you’re the market’s bitch.
You heard me right, Mr. Independent Trader who doesn’t desire a nine to five labor as well as wants to exclusively move for himself. You’re the market’s bitch.
From opened upwards to close, you’re hanging on every marketplace tick, letting it sway your thoughts as well as feelings.
When the marketplace treats y’all well, y’all experience good. When it treats y’all poorly, y’all experience similar crap. When the market’s non moving, y’all don’t know what to do.
If y’all behaved that agency inward whatever relationship–with your boss at move or your husband at home–everyone would run across that you’re mortal else’s bitch. But alongside markets, y’all say yourself it’s dedication, it’s a passion for trading.
Bullshit. You the market’s bitch.
You conduct keep a human relationship alongside the marketplace as well as anytime you’re controlled inward a relationship, you’re the bitch.
The exclusively agency to conduct keep an fifty-fifty human relationship alongside the marketplace is to command when y’all play, then that y’all don’t larn played.
That takes rules, that takes finding as well as sticking to edges–and it takes the willingness to non play when your edges aren’t screamingly apparent.
What y’all got ain’t passion for trading; it’s a demand to play.
If y’all demand to play, you’re going to larn played. You’re going to live on controlled yesteryear marketplace behavior. You’re going to live on the market’s bitch.
Further Reading: Life Lessons From the Trading Trenches