Are You Feeling Discouraged?
It is easy for traders to get discouraged when the markets have little to absolutely no follow through like they have had in recent weeks.
We can find ourselves questioning what we are doing and wonder how much longer we can maintain a positive attitude when we are losing money.
Losing Small Prepares You to Win
No one likes to lose money. None of us do. I certainly don’t. However, after 16 years of trading I have accepted that losing is sometimes winning and I am a much happier trader because of it.
Do You Keep a Trade Journal? Here’s a Good Reason to …
One of the best things I do to keep my disappointment from getting too big when I am losing money is to put it in perspective. I look back in my trade journal for a big fat reality check.
That is exactly what I did this past weekend. I looked back…the months of January, February, March and April all showed the great trading sessions we had and all of the opportunities there were to make money.
I smiled and was instantly reminded about just how good it has been.
This too shall pass…nothing in life stays inert for very long, even the markets.
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