US Nas 100
Edukacja

The Hardest Thing About Trading

Od lazyluchi
Trading [Horn honks] You know—that’s the only job, you can’t be attached to the outcome. Other professions, you’ll need to be attached to the outcome—imagine a surgeon not being attached to his outcome; I can imagine how many bloods would be on his hands.

There’s only one way to succeed in this business and that’s: accepting that anything can happen. Having a trading relationship can be fun. But, just like any other relationship, You need to know if it’s gonna hit rock bottom or… till death do us path. In other to have that, it isn’t really about change; it’s about acceptance.

[Radio silenced, birds tweeting]

It’s a beautiful day, the sky is clear, the air is fresh. Exactly 2 years, 3 months, 5 days and 30 minutes, that’s how long I’ve been a trader. At least I think I am… Starting off, I always thought, “trading is easy”. In fact, we’d have gurus that will tell you that. I mean, who speaks the truth these days? Everyone is just great at marketing, selling hope to anyone who cares to listen.

So pathetic!

Trading Is Easy
Trading for me isn’t easy, Let’s quit the B.S. It’s not! To the robots—it probably is. Hello, there’s still blood running through those veins—Wake up! you’re human. It’s better to know the truth and accept it. Though painful, at least—you’ll be aware. Than to be told lies every new cock-crow. Well who am I to judge? Thanks to the media, we live amongst robots. The ones who would do anything for online gratification.

[Jamal Sighs]

You know what?… Trading is a gift and a curse. A gift, because for the first time in your life, you’re free. Heh—Free to make your own choices, no bosses, no timing—just you. Anywhere in the world. How amazing is that? Here’s where the curse comes in… You’re responsible for every outcome. Know what’s funny? Traders are not supposed to be attached to this “outcome”.

Tell me, how can you say that’s easy?

If I create a problem, I have to accept the problem even if it leaves an emotional pain that “I” created. A pain that easily sticks, creates trauma—then I get addicted, obsessed with dealing with it. I have a thing for organization… How do I deal with failures, losing money, missing out on opportunities and giving the broker my money because of “my” own mistakes? Long rhetorical question there. Who’s the honest—one left to answer?

This is a job that requires balance, A balance between euphoria, over-confidence and fear… Now do you know what that means?

The Reality
Therefore, no excess excitement even if you just won; no fear even if you just lost. Now, how easy is that? Well, to you it might be. However, I need a trader that can boast of being completely emotionless when they started off. Want to know how these traders succeeded? They realized the truth, they either learnt it, figured it out or a kind person told them.

To the rest of the zombies—don’t be deceived. There’s nothing easy about completely shutting off your emotions. Like some animal…

“Self-control”, yeah I think that’s the word. It takes discipline and consistency. I mean when you started, all you knew was, you needed to make money right?

No-one told you about the choices you’ll have to make. People quit, commit suicide, feel like losers all their life—because of the constant lies. Don’t get me wrong, the fact that I’m saying this doesn’t mean you can’t work on being amongst the 1% . The reason I’m saying all this is—I need you to know what you’re up against. That way, you can get rid of expectations, the outcome and focus more on the process. Probabilities. Just like how we can’t tell who’s dying next, you can’t tell which trade would be a winner.

Imagine putting your cash in something you have no control over and not attaching yourself to its outcome…

Trading And Trust Issues
That’s trust right there. Newsflash, I have big trust issues. Meanwhile, also something to deal with. I’m probably ffed up right now because, I have to trust in my edge. An edge. That’s not even a solution. That’s just the probability of one thing happening against another. What the hell! Funny,

I think religion calls that—“faith”.

My life has been ffed up for the longest time. Trading just showed me my own reflection. Like the kanima, I got scared. How on earth do I improve this person, learn from my mistakes and get less attached to the outcome—whilst focusing on the process. I came for the cash right—When do I get it? Don’t you dare say, “patience”. Imagine you’ve never seen your naked body before only to see it for the first time and it’s filled up with scars, weird marks from injuries, surgeries… all that messed up stuff.

It’s something new; something different.
That’s hard man—especially if you’re surrounded by judge-mental f**ks. What’s the drive to overcoming fear? I don’t know of any guru that teaches you how to overcome fear. I mean, it’s not like they can make it disappear. Here’s something: if you still suffer from past traumas or you’re still scared of stuff—don’t believe someone can take that away from you. For instance, paying $2,000 to that marketer won’t take the fear away.

Don’t be foolish!

Pfft… easy my foot! Here’s to enlighten-ment… Let’s drink to that. In short, Trading is tough—are you ready for its challenge?
Risk ManagementtradingTrading PlanTrading Psychology
lazyluchi

Wyłączenie odpowiedzialności