Accept The Market For What It Is!
The market is neither good or bad. The market is neutral. It will reward you for both bad and good decisions that you make in it. The market will always be the market. Whether you trade or don’t. It moves whenever it. These are things which a trader has no control of.
The only thing you can do is to accept the market for what it is. Have you ever been in a trade that moves in your direction and all of a sudden it moves against you, eating away all your floating profit? Have you experienced how painful and disturbing that is? Well, that’s the nature of the market and there’s really nothing you can do about that.
The only thing you can do, which works exceptionally well even for me, is to remain consistent with your trading strategy and your trading overall. In other words, I am saying control what you can and leave the market to be itself. Otherwise, you will want to chase the market, by taking trades that aren’t supposed to be taken. One big mistake I see a lot of traders make is closing trades prematurely because they are scared the market might come back against their trade.
The best solution to that is to back test your strategy well enough so that you know how it performs. This will help you build confidence and the trust you need to stick with the strategy even during periods of drawdowns and losing streaks. The less you worry about the market, the more you will improve in your trading because for every action you take in the market there will be consequences. Only you will decide what type of consequences come your way.
The best thing you can do is to always stay positive and think positive. Don’t let negative trades discourage you but rather take them as valuable lessons to help you perform better the next time. Make sure when you are winning you collect as much profits as possible so that when you experience losses, your account is never wiped out.
The market has too many participants who are always thinking differently at all times. That’s why it is impossible to know what will happen do next. This where you will realize that trading is no child’s game. However, consistency is the way to overcome the market. By remaining consistent and by accepting the market for what it is, is how I managed to make the breakthrough from being a loser to a consistently profitable trader.
Once, I became profitable, I’ve never looked back.
Now traders, if you are looking for strategies that have been proven to be consistently profitable over time, look no further than the memberships that we are offering right here on our website. It can be a life changing decision that you can make! The strategies that you will learn are easy to follow as they are rules based so that you know exactly how to enter trades and exit them.
With that said, I would like wish you all the best in your trading! Otherwise I’m very active on the socials and you can catch me there!
