Today I have been deep in thought. When I am not trying to trade. I am usually coming up with other ways to make money. I am always aware of how much effort, tools it takes, and all the other crap that is involved in making a buck. All for what in reality is a pittance in what I could do in trading with the click of a mouse, if I had my mental side under control. In my efforts to trade I have followed what others say about being positive, saying nice things to myself. Never to put myself down and such- I have decided that is bullshit. As I sat there once again today seeing trade after trade but not pushing the button and letting my fear thoughts control me. I have come to the conclusion, I am a pussy. I can be a good trader and know my method works. But I have no I repeat NO mental skill set to pull it off. I am a freakin mental wreck. I am aware of how I need to trade mentally to get where I want to be and realize I have a long road ahead.
I can spend hours working on building something totally unafraid of messing up or having it cost me money with all sorts of home project tools that could hurt me, that I have to pull out to use and put away. I am able to control how I do that work and make it happen to what I want it to do. I cannot move the market around. I should embrace that. The market is doing my work for me while I just sit and wait for the outcome. All I can do to control my trading is to do my trading process mentally right and follow how I know it needs to be done same as working with my tools to make the final out come. once I enter it is up to probability whether I have more or less Dollars.
These are the trades I wanted to take today. but sat on my ass and watched them move towards my targets without me. I obviously don't trust myself and have huge doubts that I am seeing good trade entries. But day after day I am mostly correct for at least my 2 pts targets.
I must get it in my head that my eyes are now my tools and that clicking the mouse is turning the tool on and letting it do its thing automatically, as I have no control once that TOOL is turned on. But I must not be afraid to turn it ON.
The Monster Within Me
Derivative transactions are not suitable for all investors.
Past performance is not indicative of future results.
The information provided here is for educational purposes only.
The Monster Within Me
There is a monster within me. His name is Phil. These are the journal's that will record my battle with the monster and his attempt to keep me as a losing trader. But I will prevail and learn to control this monster within me. I will be a great trader, I will be in control of who I want to be.
I will SLAY THE MONSTER within me so that it can no longer control me and my thoughts.
By becoming an Observer of the self, I give authority to the Empowered parts, to be all I can become.
Brick by Brick

No comments:
Post a Comment