The aim of today’s post is to highlight two lessons we discussed in previous years, which came into play in a recent price sequence.

<image: Two lessons from the YTC archives>

<image: Two lessons from the YTC archives>

<image: Two lessons from the YTC archives>

We don’t profit from regret. We profit from quality decisions in the NOW.

So when you miss a price sequence that you feel you “should have” caught, you need a way to move past it quickly to ensure that it doesn’t negatively affect further decision making.

I find these two lessons quite effective in helping me get over missed opportunity:

Lesson 1: It wasn’t mine to catch. If it was, I would have caught it. Let it go.

Lesson 2: Remain focused. There might just be an opportunity to get in on a retest.

Happy trading,

Lance Beggs

Related article: It Wasn’t Mine to Take but the Next One Will Be

 

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