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2 contributions to Trading Reframe
Resilience in trading
Resilience is one of the most important skills to develop as a trader. Being resilient means to have the ability to keep focusing on your goals where things don't go as planned. To keep fighting when you are beaten. We all get into trading slumps. It's normal. And that's where you need resilience. So how do you build resilience after a bad trading day? 1. Go back to work with the attitude that today will be a great day 2. Lower size 3. Switch your focus for the day to ONLY GET INTO 1 GOOD TRADE So basically your goal after a bad trading day is to get only into 1 good trade the following day. An A+ Setup, on low size. So you can get your confidence going again, and as you get back from trading slumps over and over again you then build resilience. Sounds easy right? It's not. But you can do it
1 like • Dec '24
One Good Trade (no more...maybe 0)...committed to doing just that tomorrow (Tuesday). I'll report back at the end of the day
Howdy!
I'm Paul...I'm in San Diego. Started learning the markets about 4+ years ago (began with Long Term Investing) then learned about credit spreads/options (which I really liked), and then found that shorter term trading suits my personality best. I transitioned to bonds & futures 2 years and really like it on an intraday and scalping time frames; these attract my interests most (so far). Working on improving my discipline to trade less and wait for my prime setups and conditions. Glad to be here!
0 likes • Dec '24
That's great! Where in SD are you?
1-2 of 2
Paul Devine
1
2points to level up
@paul-devine-3708
Learning, growing, & appreciating daily.

Active 11h ago
Joined Nov 27, 2024
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