I missed this opening drive.

I missed this opening drive.

I was fine with this. There was no real signal for me to enter. And I prefer not to chase a price move.

But then I missed this one.

But then I missed this one.

This one did provide a setup. And I attempted entry, only to miss.

^&#%#%@%@

Naturally, this one was followed by a few choice swear words.

But then I was reminded of my recent facebook and twitter post:

 

It was never mine to take. If it was, I would have taken it. Let it go.

There is NO SUCH THING as missed opportunity!

It was never mine to take. If it was, I would have taken it.

Let it go.

You have two choices when you miss a trade. You can see it as missed opportunity and allow frustration to cloud your judgement going forward. Or you can accept that it was never yours to take, allowing you to maintain focus and prepare for any opportunity in the following price sequences.

I chose the latter.

I let it go.

I maintained focus.

And I got the next opportunity… which was mine to take.

"Letting it go" allowed me to operate with a clear mind...

and focus...

ensuring that I was able to catch the next price swing opportunity.

As the earlier social media post suggests:

Your aim during the session should be to maintain FOCUS with a POSITIVE MINDSET. There is no room for frustration and anger. There is more opportunity coming, even if it’s just a few singles rather than home-runs. To capture it, you need FOCUS.

To reduce frustration, try this mindset trick…

“It was never mine to take. If it was, I would have taken it.Let it go.”

You can’t catch every move.

And you don’t have to catch every move.

There is more opportunity coming along in future price sequences. Some of them are yours. And they will require your full focus and attention.

Happy trading,

Lance Beggs

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