Be At Peace With Money
•The more you are chasing money, the more you’ll have a hard time trading objectively and at your best state.
•Often, traders are affected by each tick, each up, each down, and that leads them to trading errors.
•Our emotions get the best of us if we are focused on the absolute amounts.
A trader asked me:
What did you do to get used to trading big amounts?
My Answer:
Train yourself to have no emotional attachment to money.
The more you are chasing money, the more you’ll have a hard time trading objectively and at your best state.
Often, traders are affected by each tick, each up, each down, and that leads them to trading errors.
Our emotions get the best of us if we are focused on the absolute amounts.
You need to put yourself into a position where you just execute and focus on “trading best”.
I think you will only reach your true potential if you are in a ZEN like flow.
Let the market come to you and your system, don’t chase it.
Have no emotional attachment to money. You must remember that “money” is just a by-product, the result of your actions.
Focus on your strategy and your trade, you will see that money will just naturally follow.