Good morning everyone,
I have two questions for those of you who are consistently profitable.
What is your optimal mental state when you trade? Is it confidence, caution, aggressiveness, combination of different states, etc?
How do you consistently maintain an optimal mental state despite the difficulties that you may experience on a day-to-day basis?
I'm preparing the groundwork to be a successful trader and I've placed very few trades over the years. I'm currently learning about mindset and I realized from my studies that this is a current major issue I need to work on.
I'm a stay-at-home father who loves to build and refine systems to make executing my responsibilities efficient. One example of an efficient system that I've built is around meals. In a matter of about three hours, I update and track my grocery budget, take an inventory of what I currently have, plan my meals for 1 to 2 weeks, buy my groceries, and put them away inside my house in its proper place.
My problem that I have is not in building and refining systems but it is maintaining an optimal state for consistently executing my system.
After taking further examination of my thought processes this morning, I've been saying to myself, “this is overwhelming” or “I hate doing this”.
My main opportunity for change is that I've been thinking negatively without even realizing that I'm doing it. I can't afford to have this negative mental state crossover into my trading.
Thanks!
I have two questions for those of you who are consistently profitable.
What is your optimal mental state when you trade? Is it confidence, caution, aggressiveness, combination of different states, etc?
How do you consistently maintain an optimal mental state despite the difficulties that you may experience on a day-to-day basis?
I'm preparing the groundwork to be a successful trader and I've placed very few trades over the years. I'm currently learning about mindset and I realized from my studies that this is a current major issue I need to work on.
I'm a stay-at-home father who loves to build and refine systems to make executing my responsibilities efficient. One example of an efficient system that I've built is around meals. In a matter of about three hours, I update and track my grocery budget, take an inventory of what I currently have, plan my meals for 1 to 2 weeks, buy my groceries, and put them away inside my house in its proper place.
My problem that I have is not in building and refining systems but it is maintaining an optimal state for consistently executing my system.
After taking further examination of my thought processes this morning, I've been saying to myself, “this is overwhelming” or “I hate doing this”.
My main opportunity for change is that I've been thinking negatively without even realizing that I'm doing it. I can't afford to have this negative mental state crossover into my trading.
Thanks!
