Emini Trading: Emotional Challenges & Weekly Update!
Friday, October 14th, 2011
Day Trading IS a business, but it’s a little bit different. We HAVE to take losing trades. It’s PART of the business. And it’s an expected part of the business. Accepting that is easy to do. Dealing with it emotionally is the hard part. This is the big disconnect right here. This is where some traders FAIL and blame the system developer, or blame something else. Sometimes a prudent and persistent trader will realize his/her mistakes, blame themselves for being too emotional, LEARN FROM IT, and move onto become a successful trader. Another disconnect here as well, but that is an entirely different blog post.
