This is a personal note to myself.
I am starting to understand the traits of a successful and professional trader.
Less important is the understanding of the charts and risk management. These things are simple enough to learn. More importantly is that I've come to understand myself.
I've learned why I was not patient. I learned why I keep oversizing. I learned why I hesitate. I learned why I couldn't stay consistent.
Though I am not fully profitable yet, I feel that I am becoming more aware of the traits that I need to exhibit to become successful.
The mistakes mentioned above has cost me more than any other indicator setting. Sure, it's beneficial to fine tune your trading system. However, it's imperative to fine tune yourself in relation to the markets.
You never need to get into a trade. You never have to trade with all your capital. You never let your fear stop you from getting into a trade. You never deviate from the plan because you think you know better.
Beyond the charts, the numbers, and the screen, it's just you. Your results are a direct reflection of you and your internal state of mind.
To trade at the highest level, you must quell the lowest depths of yourself.
I am starting to understand the traits of a successful and professional trader.
Less important is the understanding of the charts and risk management. These things are simple enough to learn. More importantly is that I've come to understand myself.
I've learned why I was not patient. I learned why I keep oversizing. I learned why I hesitate. I learned why I couldn't stay consistent.
Though I am not fully profitable yet, I feel that I am becoming more aware of the traits that I need to exhibit to become successful.
The mistakes mentioned above has cost me more than any other indicator setting. Sure, it's beneficial to fine tune your trading system. However, it's imperative to fine tune yourself in relation to the markets.
You never need to get into a trade. You never have to trade with all your capital. You never let your fear stop you from getting into a trade. You never deviate from the plan because you think you know better.
Beyond the charts, the numbers, and the screen, it's just you. Your results are a direct reflection of you and your internal state of mind.
To trade at the highest level, you must quell the lowest depths of yourself.