The Comeback Mindset

Here’s a short comment that raised my interest in a recent email exchange: “I hate the first trade of the day. Always worried I’ll have to start the day with a loss.” It was not the primary focus of the conversation, so didn’t receive much followup discussion beyond sharing a couple of links which I…

A Shift in Mindset – 2

  Last week we discussed a common problem with new and developing traders – difficulty accepting losses as a normal part of the game. And we discussed a simple idea for moving beyond this problem, through seeking profits over a larger series of trades rather than any individual trade. You can see last week's article…

A Shift in Mindset

  I love this comment in response to last week's article (see the article here if you missed it). This was the trade Steve is referring to: Too many traders take the loss personally. As Steve says, they're stuck in the mindset of "Aaargh, I did it again." Their focus is on themselves and their…