A Trader’s Mindset Daily Thoughts

“You can only have two things in life, reasons, and results. Reasons don’t count, Results do.” Robert Anthony

If you are in a state repeating to yourself that you have bad luck or feel victimized by the market changing trends then it’s curial for you to immediately STOP trading and start evaluating your Mindset.

Facts: No one is Victim of the market & Luck has zero effect on your trading strategy.

The ONLY way to make your money in any market is by repeating 3 important steps:

An edge that works for you

Defined Pre-plan (Entry/Exit)

Money management

Once you start mixing the above steps with luck then you are on the wrong path.

Important mental note to remember when trading “there is a random distribution between winners and losers” Take your time to digest this fact.

The market does not care about luck or how sorry you feel for yourself and the more your get into this state of mind the faster your capital will evaporate.

Don’t give yourself the reasons , but make sure to have the results.

Be vigilant to spot the opportunities that the market is offering to you on daily basis and be consistent with the said golden steps & let the market offer you the rest.

The above was food for thought.

I hope you found this article helpful to stay tuned for more.