Your mindset is either working for you or against you. To some degree, you get to choose.
NOTE: An essential ingredient in operating with a mindset of wonder is a pre-acceptance of risk. We discussed this recently here.
Before any trade you must pause to confirm that:
- A full loss on this trade will not break any session drawdown limits, and
- A full loss on this trade is personally acceptable. I am completely comfortable taking the loss and moving on. (Typically because I expect that any loss will be contained and easily overcome by the next positive trades.)
With the above preconditions in place, reframe any nerves you feel as WONDER. And watch fascinated as the future unfolds before your eyes.
Happy trading,
Lance Beggs