By Yvan Byeajee
Attaining good fortune within the markets is not just concerning the monetary rewards; it really is approximately ultimately being at peace with who you're. luck is a state of mind, effortless to consider, tricky to accomplish for the mere cause that it calls for that we begin considering and behaving another way. the purpose of this brief “book” is to lead you at the route to reaching that luck. The truths I proportion with you're meant to encourage, encourage, and lead you in the direction of a cheerful and fulfilled mind set.
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90% is how you respond to it. That's trading in a nutshell. 118. As traders, we've got one job, and it is to get better at what we do. Forget the damn money already; it is causing you to shoot yourself in the foot! 119. No one can bring us trading success but ourselves. We, ourselves, must walk the path. 120. Keep calm. You will not be punished for your anger and frustration; you will be punished by them! 121. It is imperative to make your trading decision before you enter your trade, before you are subject to the wild emotional swings.
You have power over your mind — not the markets. Realize this, and you will improve your trading. 130. People erroneously see trading success as an event. It is not! It is a process! 131. If you know neither the markets nor yourself, you will succumb in every battle. 132. Fear, greed - these only exist in your mind! So when you practice staying outside of your head, that's when you begin to see markets objectively. 133. If you have lost money today, think of what a privilege it is to be able to participate in this game.
96. Your motivation to succeed as a trader must be absolutely compelling in order to overcome the obstacles that will invariably come your way. 97. Nothing is ever wrong. There are no mistakes; no failures. We learn from every step we take. Whatever you did today in the markets was the way it was meant to be. Find wisdom in your every action! 98. Every success story in trading is a tale of struggle, reassessment, and adaptation. 99. Your beliefs about myriads of things have the power to create your success in the markets.
200 Short Trading Psychology Truths by Yvan Byeajee