Some of you may need to read this, the market hasn't been easy for me either.
I am just executing a process over & over & getting mediocre results but that has a lot more to do with the climate than anything else.
Sometimes you just have to grit your teeth & keep moving fwd.
I am just executing a process over & over & getting mediocre results but that has a lot more to do with the climate than anything else.
Sometimes you just have to grit your teeth & keep moving fwd.
Style drift is a major reason why traders fail in the long run.
Trading is absolutely a marathon and a very difficult game indeed.
It is arrogant to believe you can come in without a plan of attack, a process or a methodology and profit over time.
Alternatively...
Trading is absolutely a marathon and a very difficult game indeed.
It is arrogant to believe you can come in without a plan of attack, a process or a methodology and profit over time.
Alternatively...
Sticking with your process through ups and downs and doing your best to mitigate the damage through adjusting your position size puts you in the best position overall.
You will try to force other trades or get influenced by outside variables amongst peers.
You will try to force other trades or get influenced by outside variables amongst peers.
Having a process is the safeguard that generates the most consistent outcomes because you've put effort into thinking it through.
Trading does not come easy, even if it sometimes feels this way.
You either have the strategies available to you in your playbook or you don't...
Trading does not come easy, even if it sometimes feels this way.
You either have the strategies available to you in your playbook or you don't...
Hindsight has no place for 'missed' opportunities, random/forced trades should be viewed as just that- random & forced trades, not favorable over the long run.
For the intermediate+, maintain your consistent approach, let time be the number 1 factor that expresses edge to you.
For the intermediate+, maintain your consistent approach, let time be the number 1 factor that expresses edge to you.
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