Thanks for coming back and reading my blog, Let’s face it trading is extremely difficult to master. Even once you have found your go to strategy, confidence and have been seeing great results in simulation for months as soon as you flip that switch and trade your hard earned capital KAABOOM.
Sounds familiar? By kaboom I mean your account, confidence and any dreams you had to live like a rock start. Its reality. It happens to every single one of us. What I’m trying to get at here is no strategy, holy grail indicator, trade room etc. will get you prepared for the emotions and feeling you get when you trade live with real capital.
I have been trading for over 4 years, I have had months of live trading success followed by complete blow outs. I have passed the TopstepTrader combine and FTP to make it to the funded account twice and failed. I have used the same strategy for years, I have always tweaked it according to the market structure etc. but the core principles have stayed the same. That’s because I have back tested the S**t of out and believe in it and have seen its success.
Where things go wrong is upstairs by that I mean in the brain, in that thick head of ours. There is a tiny little voice in there with BIG objections and holds the key to ours biggest dreams. Our subconscious mind is our protector of all things. It makes sure that we do not experience any negative feelings that we have had in the past and if we do it does its best to turn that around and that means sabotaging our accounts and trading dreams.
It is impossible to eliminate emotions in trading but it is POSSIBLE to manage your emotions. This is done by changing your attitude and perceptions towards trading. How you respond to the discomfort in trading will determine your success.
This is where I’m at, I’m taking the steps to train my subconscious mind to accept trading, accept the emotion and move on. Let It take over, but recognize it. Positive trading affirmations on a daily basis will help with this, telling yourself you are a successful trader, not swearing at the screen when you take a loss. Until the subconscious recognizes that trading will not hurt you and can accept it, you are doomed in the long run.
As of this week, this and only this is my focus in my trading plan. Most make their trading plans addressing the setups, risk/reward, daily loss limits etc. It’s now time to make a different trading plan. A plan that consists of daily trading affirmations, subliminal training for my trading mind. Practicing patience, emotional recognition in the moment. I will practice this is my everyday life and when I’m in front of my trading screens. I do believe this is the only way anyone succeeds long term, go and read about the best traders on Wall Street or the all time greatest athleats and champions like MIchael Jordan, Kobe Bryant,Derek jeter they all speak with a positive mindset.
This is the next chapter in my trading journey.
Yes, for those of you that asked I will be continuing with TopstepTrader.
Thanks and speak with you all soon, Il leave you with this;
“What the mind of man can conceive and believe, it can achieve”