Show Notes

Success in all aspects of life seem to follow those who do not try to act like someone else, but rather have a foundation of knowing who they are and act in that manner.

Many traders seem to want to act like other traders who have recently had a string of successes instead of being committed to their own strategy and trading style.

To be the best we can and have consistent success in trading takes a devotion and passion to learning our strengths and weaknesses and applying our skills to match up with these understandings.

Whether you are a risk taker or very conservative, both styles can reap profits as long as the trading matches with that personality. Just be yourself and let the results take occur.

Show Notes

Some of the greatest successes have been accomplished not long after a person had reached the end of their rope.

They had been beat down so much they had their backs to the wall and were ready to quit. but they did not.

Trading can easily cause us to get to this point unless we decide that when we hit the most difficult times in our trading is the exact time when we can emerge with more power and passion than every before.

Give yourself a push and decide what you truly want to accomplish and then forget about any past difficulties or disasters and fix your eyes forward to what you can do to become better.

Show Notes

Trading has many ups and downs and can easily cause us to feel defeated.

However, defeat can only be disastrous if we classify it as disastrous.

Losses, defeats, failures, etc. have been a part of history for every person who has reached high levels of success. The difference with the successful people is that they analyze the situation immediately. Those that tend to fade away are those that wait until tomorrow or maybe never to review and discover why the results were not what they expected.

To be successful we must accept every result as a part of our growth and to apply those findings today. Don't wait until tomorrow, because tomorrow may be too late.

Show Notes

If we have expectations of always winning, we are setting ourselves up for a large amount of disappointment and frustration.

The best traders have realized that by truly understanding that trading involves wins and losses and what to do with each result has allowed them to continually grow.

We need to search for high probability trades, not 100% probability trades. Analyze. Decide. Execute. Accept. Review. and then do it all over again.