The best mental state to trade in isn't excitement.
It's indifference.
Not caring which way it goes.
Just knowing what you do if it does.
Most traders never get there.
Most money lost:
- marrying bias
- seeing what I what I think is happening; not what's actually happening.
- overleveraging
- not cutting losses early (at signs of weakness)
Most money made:
- being aligned with HTF pd arrays
- trading when the time was right
- turtle soups
The amount of weight you put behind any single trade idea of yours (and others’ ideas) shows what an emotional being you are.
For you.. 1 trade can end a career,
For me.. a losing streak is only business.