Get Your Head in the Game | Daily reality check for optimal state of mind by Strategic Trading ↴
Market Realities:
- Anything can, and will happen
- You Don't need to know what's going to happen next to make money
- An edge is nothing more then an indication of a Higher Probability of "A" happening over "B”
- There is a Random Distribution between wins & losses for any edge
- Every Moment in the market is Unique
I'm a Consistently Profitable Trader because:
- I Objectively Identify my Edges
- I Predefine the Risk of Every Trade
- I Accept the Risk / I'm Able to Let Go
- I Act on my Edges without Reservation or Hesitation
- I Pay myself as the Market Makes money Available to me
- I Continually Monitor my susceptibility for making Errors
** I Understand the Absolute Necessity of these Principles of Consistent Success & therefore I NEVER VIOLATE THEM! **
Psychology
Losses are inevitable
Trust your skills & understand it won't be perfect