I have an observation for you . . .
Sometimes I get emails from people who are drawn to trading because they need a way out.
They’re attracted to it because they either hate their day job or need money or just want an easier life.
These people do succeed sometimes . . .
But most often they find it hard to stay on track.
Their journey is usually derailed before they reach their end goals.
Their desperate need to achieve the end result clouds their judgement.
It makes them jump from strategy to strategy.
These traders succumb more easily to the lure of easier/more profitable methods that ultimately pull them further and further off course when they don’t work out.
But trust me on this . . . .
Short cuts are the enemy!
The traders who always seem to do really well are the ones who love it.
That’s right, the traders who actually enjoy the process of trading.
They enjoy learning about the markets.
They enjoy performing technical analysis.
Sure, they have bad days.
Sometimes they have REALLY bad days!
But overall there is something in them that LOVES being in the markets.
It’s in their blood.
And this is why they ALWAYS rise to the top.
I can usually spot these traders a mile away.
They tend to be the ones who work hard and long for the results they desire.
Essentially, they’re like me.
They love learning, reading the market and honing their skills.
Which camp do you fall into?
Are you here just for the cash?
Or are you here to make the markets your own personal playground?
If you’re here just for the cash I recommend you try to adjust your attitude a little.
When your focus is the almighty dollar, you can end up losing the game.
Your focus shouldn’t be money, it should be to become the best trader you can possibly be.
The money flows AFTER that.
And as always . . . I’m here to help you become a better trader (if you need me?).
#Thanks for tuning in.