Thursday, April 30, 2009

Quote

Don't judge each day by the harvest you reap but by the seeds that you plant.
-Robert Louis Stevenson


Reflections:
It should never be a trader's main motivation as to make $$. This is especially detrimental to beginner traders. As any new trader, your focus needs to be on developing trading mentality and skill. Your main job is to find a trading strategy that works consistently for you. You should never judge your performance by p/l every day. Rather, you need to focus on: "what did I learn today from my losses?", "how have I improved on my skill/mental structure?" it is by painstakingly planting these seeds one by one and day by day that ultimately determines your success as a trader. Ultimately, the $$/ the harvest will follow.

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