So I traded quite poorly at the beginning of the week, again, but managed to turn it round in the last two days to finish 3 points up, or essentially, break even.
It's so frustrating though because I can feel myself forcing trades due to nothing more than FOMO, I even write in my trade diary when I record the trade 'Feels FOMOy, or, FOMO or Momentum?'. I know that what makes money in trading more than any thing else is patience, and it was something I prided myself on when first starting out, yet that patience that I once had seems to have weakened instead of strengthened over time. You'd think now that I have much more experience in the market that it would be the other way around?
I think I can trace it back to one thing. I fucking hate my job. I know, if you hate it that much then leave. But as with most things in life it's not that simple, for a multitude of reasons. But at least now I feel almost 100% confident that this is why I'm not being patient when I trade because I want points, and I want to move up in stake size as soon as possible, because I believe it will enable me to escape my shitty job. This is true in part, when it comes to trading size, because if I traded £200 per point, I wouldn't also work a shitty job, but it is also a sure fired way to stifle my progress and to hold me back from achieving that goal, because of the pressure of 'having' to be profitable because my life, or rather the quality of it, depends on it. This mindset does not allow me to have the freedom that you need in trading to be wrong, to accept that you were wrong, and to move on to the next trade. To have a losing day, week, even month, and be okay with it because you know it is temporary.
I used to meditate before I traded, and I still do, only now instead of simply trying to relax my body and my mind, it includes the acceptance that today may not go as I planned, and to be okay with that. Life still goes on. The market still moves and new signals and thus new trades are always being generated. Just be patient, take one trade at a time, and trust in your ability and the process. Yes, I want success now but even if it takes me 10 years, if I'm lucky enough to live to 80 or 90 then that would mean 20 or 30 years of having a wonderful life, so what's the rush...?
Bình luận