Just curious, what type of Zen-like moment have you had when trading? When did the lightbulb finally go on, and what was it that triggered the "ah-ha" moment for you?
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A trader once said if you want to get an idea of what kind of trader your going to be,a disciplined one or not, take a look at yourself in your daily life. It may show up in your trading. |
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CORRECTION: It WILL show up in your trading for certain. Your true inner self will be revealed, with all its flaws and imperfections when your money is on the line, every day, every trade.
If you're still in the stage of "papertrading" on the electronic demo, you won't have a clue until you put your money where your mouth is.
Too many newbies think it's so easy when their demo trades show a positive expectancy; real world trading just ain't so easy - and they find out the hard way.
Getting control of your emotions is the key to trading successfully, followed by money management, and a positive real-world expectancy on your trade setups. All the winning trades in the world won't help you if you don't have a handle on how to properly manage your trades via proper position sizing. Overleveraging, and overtrading is symptomatic of letting your fear and greed get the best of you - only your best winning setups should be taken, and only in accordance with your trading plan.
Simply put, plan your trade, and trade your plan.