Trading Mistake You Are Probably Making

Some people are not cut

out for trading

Self-deception

Your trading account

takes a hit

“Why has this has

happened?”You consider quitting.

You feel pretty terrible.

If a friend was on this

never ending cycle…..

you’d say

something.

This is entirely

unintentional and an easy

trap to fall into

When the trader eases

back into trading, they are

really trying extremely

hard to ensure that they

stick to their stops.

Highly

Controlled

Circumstances

They keep themselves out

of harms way.

TRADE PLAN

What do most people do?

Avoid pain seek pleasure!

The problem is that this

trader is focusing on risk

and loss for all the wrong

reasons.

Complacency is

something we must

recognize no matter who

we are and what our

experience level is.

You need to actively

monitor for these

signals to.

Don’t let gains or losses

be the only indicator of

pointing out when you are

on the wrong track.

You do need to simulate

these circumstances

somehow

Simulate using a much faster

moving product (crude oil)

Simulate when you are much

more likely to get extreme

volatility (NFP)

Recognition is the first

step on the road to taking

control of a situation.

In the end, not dealing with self-deception

makes this popular saying very true to you:

You are only

fooling yourself