Trading Without Ego

[helgen_1]

Quote from Redneck:

Hmmmm…. Trading without ego… interesting concept…..

May as well trade without your consciousness…, iow – without your thoughts…, your beliefs.., your emotions…, your very being

Never happen – never


Ego is as much a part of us, as everything else inside us….

So how the hell to separate from it….

Well…, fact is, we don’t

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Every trade I take;

I have the power to let a loss grow too big
I have the power to fight price tooth and nail – and trade the other way
I have the power to get nervous, and exit winners too fast... or not wait on a proper set up… nor take a proper set up once it materializes
I have the power to form an opinion about where price is going
I have the power to overtrade – till I’m blue in the face
I have the power to delude myself into thinking I'm the biggest, baddest trader around

I have absolute power – to blow my account up absolutely… and worse

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But – on the flipside…..

I also have the power to choose not to… and more importantly – to trade each trade – exactly like that….


Master your self first… then mastering the mkt…, your success…, your ego…, your whatever – ain’t nothing but a thang…

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Inconsistent, or non existent profit… OR excessive losses – is simply a mirror of that which is within

Nothing more… nothing less


Here's to you liking what you see... or not

RN

I must say thank you for this post, best piece of advice in a long time.

H.