Change Is Always A Challenge
As traders it is so easy to criticize our trading strategy when results do not meet our expectations. The last thing we want to do is acknowledge that we might be making mistakes. However, rarely does a proven trading strategy continuously deliver poor results without the discovery of a trader making changes in the steps due to unproven gut feelings, revenge tactics, fear, greed and so many other emotions that arise when we try to outsmart the market. For all of us to enhance our skills and
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Being In Control Requires A Decision
Our thoughts, attitudes, words, actions, habits and character are what determine our destiny. As a trader, each of us needs to decide that we will be in control of each and every session. We must understand and accept that the way we respond to great successes as well as disappointing losses has a huge impact on how we approach our next trading session. Trading is a skill that we add knowledge and new objectives on a daily basis. If we stand still, the market will become more difficult to
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You Will Never Get Wet Unless You Jump In
We all can probably remember a time early in our life when we were standing on the edge of a pool or a boat dock and being encouraged to jump in. We waited and waited and sometimes never jumped in or maybe we jumped in immediately. Those same feelings are still with us today when we trade. The world around us has a way of instilling indecisiveness in executing trades or exiting trades. If we have developed a proven process of risk management, money management and a strategy that has been
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