Consistency has to be priority number 1
“Consistency has to be Priority #1â€
Those all to important words spoken by Vince Lombardi.
More often than not I would see this all too common scenario:
Traders get on a roll where they would have many days in a row of great trading.
It might be $5 a day or $10,000+ a day, depending on there trading level. Then,
all of a sudden, a tremendously bad day, where it brings us all the way back to
when the roll started, and sometimes below that. It’s as if we take 5 steps
forward, 7 steps back. We get on a good streak and then boom it’s all gone…And
it always seems to happen when we start thinking thoughts like, “it’s clickingâ€,
“it’s finally happeningâ€, “I finally got the hang of thisâ€, “it’s my timeâ€,†I
know what I’m doing.†All of a sudden…boom! We have that bad day in the market,
and it humbles us all the way back to zero, or further. Sounds familiar?
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