I don't know about any of you guys that are consistently profitable, but I've had a poor week. Not only did my intraday strategy that I trade not do well, my swing trades were even worse. And most of it because I made two or three mistakes that ended up causing me to front-run and I ended up being wrong.
Losses are a part of the game, but for those of you who are consistent, and then have that loss, if you're like me, you instantly feel like you've been humbled...
I expect down weeks, but not like the one I had this week when I tried to force the market to do my bidding.
It's these times that I have to remember the words from Boris' blog:
Ben Mezrich, the author of the book - a terrific writer – notes, "No matter the count the cards could go bad. Over time winning was inevitable. But in the short run the game could either way. Even math left room for luck." I love that last line because as traders it should always help us to remember that we are nether as good nor as bad as our last trade would indicate.
Don’t let the losses shake you.
Amen.<!-- / message -->
Losses are a part of the game, but for those of you who are consistent, and then have that loss, if you're like me, you instantly feel like you've been humbled...
I expect down weeks, but not like the one I had this week when I tried to force the market to do my bidding.
It's these times that I have to remember the words from Boris' blog:
Ben Mezrich, the author of the book - a terrific writer – notes, "No matter the count the cards could go bad. Over time winning was inevitable. But in the short run the game could either way. Even math left room for luck." I love that last line because as traders it should always help us to remember that we are nether as good nor as bad as our last trade would indicate.
Don’t let the losses shake you.
Amen.<!-- / message -->
Mr. Trend