Don't Trade!


Someone once told me that "the older I get, the more I repeat my old stories", to that I say, some stories are worth repeating.

One of the most difficult things about trading is consistency. Consistency in not just your trading method, but in your state of mind.

If you need a pep-talk or feeling the blues, don't trade.

Think you need to prove the naysayers wrong, don't trade.

Need money desperately to pay bills, don't trade.

Think your an amazing trader and can not lose, don't trade.

Comments

  1. "Consistency in not just your trading method, but in your state of mind."

    Couldn't agree more and very much taken for granted by the vast majority of newer traders.

    J

    ReplyDelete
  2. J, thanks for commenting; are you still actively trading/blogging?

    ReplyDelete
    Replies
    1. Ooo I missed this- well you know the answer by now! :)

      Delete

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