By Yvan Byeajee
Attaining good fortune within the markets isn't just in regards to the monetary rewards; it truly is approximately eventually being at peace with who you're. luck is a mind set, effortless to think about, tough to accomplish for the mere cause that it calls for that we begin pondering and behaving another way. the purpose of this brief “book” is to steer you at the route to attaining that good fortune. The truths I percentage with you're meant to encourage, encourage, and lead you in the direction of a happy and fulfilled mind set.
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Additional info for 200 Short Trading Psychology Truths
Don’t blame markets for your decisions. Take responsibility, your trading will improve. 144. Nobody's a natural at trading because all of this stuff is counter-intuitive to our nature. You have to work hard to get good at it. 145. Once you choose to accept yourself as a trader, then, and only then, can you work on being the best version of yourself that you can ever be! 146. The function of risk management is not only to preserve your capital; it's also to protect your emotional well-being. 147.
One can leave you in an instant; the other is more durable in time. 153. It is not a problem to make trading mistakes; everyone does, but it is a problem if you don't learn from them. 154. Losing traders think they have all the answers. They can’t learn because they're busy telling everyone what they know. 155. Being a trader is ultimately an act of competing against yourself. It's about self-improvement; about being better than you were the day before. 156. Good traders come in each day with a plan formed outside of market hours.
Luck is predictable in the markets. If you want more luck, take more chances. Be more active. There is no overtrading if you have a tested methodology. 107. Successful trading is a matter of waiting for the right moment to act. 108. The point is not to avoid trading losses but to go through them with stability. 109. If you want to trade for a living, decide today that you won't give up on your dreams and keep pressing. 110. Understand that there is no greater wealth in this world than peace of mind.