Most people know how to lose weight, so how can it be so difficult?
Mindset.
It's the same with trading.
Most traders know what to do, so how can it be so difficult to be profitable?
Mindset.
You don’t need the latest diet, shake, indicator or tipster.
Just do the work. Every day.
The voice that says:
“Oh sod it, I’ll have another piece of chocolate”
is EXACTLY the same voice that says:
“Oh sod it, 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.
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.
That’s the essence of self-sabotage!
Choosing instant comfort over long-term goals.
So, when tempted to eat 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!”
P.S. If you're looking for an excellent broker, mine comes highly recommended. You can check them out here.