What are the unwritten rules of the stock market?
New set of trading mantras -
- If there is no setup based on my strategy, I happily stay out of the market to preserve my capital.
- I have no emotional attachment to the outcome of my trades.
- I base my trading decision on probabilities, trading what I see and not what I think.
- I only take trades that give me a reward which clearly outweighs my risk.
- I believe and think in terms of probabilities and I know that by taking every trade that qualifies according to my trading rules the statistics are on my side.
- I have discipline, patience, no fear of loss, belief in probabilities. I trade the market and not the money. I am a trading machine. I am calm, focused, confident and highly disciplined.
- Trading is a game, a mental game. I have to love my losers as much as I love my winners to destroy fear about trading.
- I don’t have to be naturally gifted to have an excellent career as a day trader because genius is not the realm of genetics, genius is the realm of practice.
- I am relaxed, disciplined, fearless, day trader and I flawlessly execute my trades.
0 Comments