Stop focusing on the uncontrollable πŸ™Œ

BITTREX:DOGEUSD   Dogecoin / US Dollar
We have all been guilty of this at some point as traders.

The only thing that matters to us is the returns or the potential returns πŸ€‘

Our only focus is those returns which we have no control over πŸ€¦β€β™‚οΈ

When returns become the only focus we fail to focus on other elements we do control that will get those much wanted gains.

Once upon a time I focused on a target each day then each week and month as my only focus.

Sometimes the targets were met but most the time wildly missed and I spent all my time chasing money back.

Once I started focusing my efforts on the four elements posted in this idea I can control the returns started to come naturally.

Every trade idea I post does have the trade history attached for transparency which includes returns.

However these returns come via focusing my risk, costs, time and emotions all correctly.

Risk is controlled to sensible levels capital.

Time is managed correctly as automation and building proven strategies has freed me up from excessive chart time.

Costs are controlled as I'm not re-depositing to my account all the time.

Above all else my emotions are in check due to working to proven plans along with a systematic/rules based approach negating the need for stressful decision making.

Getting those four control elements dialled in to my trading helped the all important returns to flourish.

Focus on the elements you can control and not the ones you can't and trading will get a lot more simpler.

Thanks for taking the time to read my post πŸ‘

More Info here: https://linktr.ee/team_pow

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Thanks man!
+6 Reply
thanks πŸ˜ŠπŸ™
+4 Reply
+4 Reply
Thank you 😊
+3 Reply
Insane, I was pondering this today after a missed opportunity, thank you for sharing!
+3 Reply
Good post, bad trading pair
+3 Reply
It takes time and willingness to understand that risk and money management are more important in a trading career.
+2 Reply
Overall the control over RECT, or TREC factors is most important.

There is at important exception: when there are no targets as in trend following - but that still requires control over RECT/TREC.
+2 Reply