Like all performance-based activities,
trading depends on your ability to execute
what you have learned in real time.
Making decisions about entry and exit
in a timely fashion; eliminating hesitation
and doubt from your actions; developing
the ability to deliver smooth and accurate
trading orders; becoming easy and comfortable
with the challenge of seeing new market
conditions arise and modifying or reversing
your opinion and taking action on this
new perception easily and without hesitation
– these are very real challenges
and many traders are not able to develop
them, no matter how hard they work at
it.
|
 |
Much depends on your ability to remain
balanced and on your ability to function
in an unemotional, confident manner.
All of this can
be boiled down onto one statement
– emotion plays no part in trading.
The fewer emotions we experience,
the better it is for trading. But
we are all human and concede that
to have no emotions whatsoever when
trading, ever, is a difficult and
perhaps impossible goal.
However, since
thoughts and emotions are a constant
companion, a mainstay of our inner
lives, then we have to learn how to
deal with them appropriately before
we will become successful.
|
P&L
School of Drummond Geometry