Close Menu

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    What to Know Before Traveling to Elko, Nevada

    June 18, 2025

    Question.AI: Your Ultimate Study Companion, Revitalizing How We Learn

    June 18, 2025

    Luxury Lifestyle Ideas to Elevate Your 2025

    June 18, 2025
    Facebook X (Twitter) Instagram
    Thistradinglife
    • Home
    • Business
    • Tech
    • Education
    • Health
    • Fashion
    • Lawyer
    • Post
    Thistradinglife
    Home»Post»Mindset and Trading Success
    Post

    Mindset and Trading Success

    JamesBy JamesMay 2, 2022No Comments2 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email Copy Link
    Most people know how to lose weight, so how can it be so difficult? We all know that if we eat a healthier diet, consume smaller portions, drink less alcohol, exercise more and reduced stress, we will lose weight. So how can it be so difficult to implement these changes over the long-term?

    Mindset.

    It’s the same with trading.

    Most traders know what to do, so how can it be so difficult to be profitable? We all know that we need to find an trading edge, develop a trading strategy, formulate a trading plan which gives us a positive expectancy over a large number of trades, and then follow that plan. So how can it be so difficult to implement this plan over the long-term?

    Mindset.

    You don’t need the latest diet, shake, indicator or tipster. It’s tempting to be persuaded that improvement will come from the outside. From a diet shake or a special indicator. But we don’t need anything extra from the outside, we don’t need to buy more stuff.

    We just need to do the work. Every day.

    The voice that says:

    “Oh well, I’ll just have another piece of chocolate”

    is EXACTLY the same voice that says:

    “Oh well, I’ll move my stop a bit further away” or

    “It’s a bit of a random trade but I fancy a punt”.

    It may sounds harsh (and I’ve had to admit this to myself more than once) but maybe we choose the chocolate over being leaner. We want the chocolate more than we want to be a healthy weight. It’s easier to stay out of shape, shrug our shoulders and give up.

    Or we choose to override our trading plan over being profitable. We want to be in that trade more than we want to be profitable. It’s easier to be unprofitable, shrug our shoulders and give up.

    That’s the essence of self-sabotage!

    Choosing instant comfort over long-term goals.

    So, when tempted to eat yet another piece of chocolate I can say to myself: “I choose health!”

    Or, when tempted to open a random trade, I can say to myself: “I choose success!”

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email Copy Link
    James
    • Website

    Related Posts

    Keke Palmer Baby Daddy: Inside Their Relationship and Co‑Parenting Journey

    June 1, 2025

    Transformation of ‘The Voice’ contestant to Duchy Music Mogul: Morgan Wallen Net Worth in 2025

    May 31, 2025

    Zach Woods: The Master of Awkward Comedy and Quiet Genius of Modern Television

    May 29, 2025

    Tiffany Ortiz: The Life and Legacy of Former David Ortizs Wife

    May 27, 2025

    Miriam McDonald: From Degrassi Icon to Multifaceted Artist

    May 26, 2025

    Savannah James: The Quiet Power Behind a Global Icon

    May 24, 2025
    Add A Comment
    Leave A Reply Cancel Reply

    You must be logged in to post a comment.

    Categories
    • Automation
    • Automotive
    • Business
    • Education
    • Entertainment
    • Fashion
    • Finance
    • Game
    • Health
    • Home Improvement
    • Lawyer
    • Lifestyle
    • News
    • Others
    • pet
    • Post
    • Real Estate
    • Social Media
    • Sports
    • Tech
    • Travel

    Subscribe to Updates

    Get the latest creative news from SmartMag about art & design.

    Latest Posts

    What to Know Before Traveling to Elko, Nevada

    June 18, 2025

    Question.AI: Your Ultimate Study Companion, Revitalizing How We Learn

    June 18, 2025

    Luxury Lifestyle Ideas to Elevate Your 2025

    June 18, 2025

    Creative Ideas for Outdoor Enjoyment This Summer

    June 18, 2025
    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • Vimeo
    Don't Miss

    What to Know Before Traveling to Elko, Nevada

    By JamesJune 18, 2025

    Elko is renowned for its unique culture and stunning landscapes, and it has something for…

    Mindset and Trading Success

    May 2, 2022

    Can Trading Be Simple?

    May 5, 2022
    About Us
    About Us

    We offer a blend of educational content, real-world strategies, market analysis, and motivational insights to help you master the art and science of trading.

    Contact Email Us:[email protected]

    Facebook X (Twitter) Pinterest YouTube WhatsApp
    Our Picks

    What to Know Before Traveling to Elko, Nevada

    June 18, 2025

    Question.AI: Your Ultimate Study Companion, Revitalizing How We Learn

    June 18, 2025

    Luxury Lifestyle Ideas to Elevate Your 2025

    June 18, 2025
    Most Popular

    What to Know Before Traveling to Elko, Nevada

    June 18, 2025

    Mindset and Trading Success

    May 2, 2022

    Can Trading Be Simple?

    May 5, 2022
    © 2025 Thistradinglife.com
    • Contact Us
    • Privacy Policy
    • Our Authors

    Type above and press Enter to search. Press Esc to cancel.