One Sentence that can RUIN you as a Trader
What if I told you, it can take one sentence to blow it as a trader.
Say it once and you’ll set a ripple effect.
Before you know it, you’ve given up and leave the trading journey with pure frustration…
Wanna know what this one sentence is?
“I’ll take the next trade”.
Yep that’s it!
When you have a winning trading strategy, with strict entry, risk and exit levels – you are no longer the boss.
You are a worker. And your job is to follow your job description or risk losing your job.
Think about it… The system works with or without you. And if you follow it, you’ll generate a stable and consistent income.
So, it is not your place to decide which trades you feel you want to take or not.
Think about your back and forward tested statistics. Do you think there’s a robot that says…
“Mmm let’s skip that trade my feelings tell me it’ll be wrong.”
No, it records each and every trade one the criteria lines up.
Here are some ridiculous examples of where traders don’t take trades.
“It’s my birthday and I don’t want to lose money”.
“I have banked 5 winning trades and I feel the next trade will be a loser’.
“I’m on a losing streak and I don’t feel like taking another loser”.
“Oooh I’m not going to take a trade, Elon Musk just tweeted ‘stock trading is over rated'”.
And I can go on and on…
So why will that one sentence ruin you as a trader?
Here it is again: “I’ll take the next trade”.
Reason #1:
You’ll keep looking for the perfect trade
Not only will you choose the trades you take, but you’ll also lose the confidence in the trading system and yourself whenever the next trade lines up.
Reason #2:
You’ll do it again and again
You’ll set a precedent for not following your trading setups in the future.
Reason #3:
You won’t be able to keep a strong track record
You won’t be able to jot down your trades with accuracy in your trading journal.
Reason #4:
Your emotions will get the better of you
You’ll start thinking that you know better and refuse to accept the inevitable losses that come with trading.
Remember, nothing in life that is rewarding comes without some degree of risk.
By taking every trade your strategy yields, you’ll get to the point where you’ll enter into a long-term state of certainty and confidence with your trading.
So get your ass in gear, cut your ego out, stop forfeiting trades – AND DO YOUR JOB.
You’ll keep looking for the perfect trade
You’ll do it again and again
You won’t be able to keep a strong track record
Your emotions will get the better of you
Remember, nothing in life that is rewarding comes without some degree of risk.
Let me know if you found this article helpful by clicking here.
If you want to be a Premium MATI Trader and secure a 28.57% discount send me a blank email by clicking here…
Trade well and look after yourself,
Timon Rossolimos
Founder, MATI Trader
Not sure the best way to get started with MATI Trader?
Follow these steps to start your successful trading journey.