@_tradersacademy Trying to pass as quickly as possible? Subconsciously thinking youโve got loads of room to play with and maybe taking sub par trades? When in drawdown, it should sharpen you to take only the very best RR trades. You clearly know how to turn it around anyway, so hats off! ๐ซก
@tradermike1234 Great stuff! ๐ช๐ผ
Can I ask, in terms of โRโ or even โ%โ what is the return on your account. You often preach that 1-2% could change lives and make people insane amounts of money. Maybe showing this will inspire some.
Keep up the good work!! ๐๐ผ๐๐ผ
@Pac_TRADE ๐๐ผ ๐๐ผ๐๐ผ
Gratitude seems to go out of the window for a lot of people in this game. Without the lows we can not appreciate the highs. But in the end, trading skills are probably the most financially benefitting skills on this planet!
Respect & well done on your resilience! ๐ซก
The Weird Trader's Struggle You Never Hear About!
(And how to overcome it)
A topic that often gets swept under the rug in the trading world: The Transition Phase.
You know, that tricky period where you shift gears from relentless learning to the slower pace of live trading?
Yep, that one!
The Rookie Stage
During the initial years, the focus is on immersing oneself in the learning process.
Countless hours are spent absorbing knowledge, crafting strategies, and rigorously testing them.
However, as we progress, a shift becomes necessary.
We must learn to ease off the pedal and distance ourselves from the relentless pace we once embraced.
Transition Period...
This transition phase is particularly daunting.
After investing so much time and effort into the "hard work" mentality, slowing down can feel uncomfortable and counterintuitive.
What Problems Now Arise
As we enter this transitional stage, there's a tendency to rush the process.
We've become accustomed to constant activity, making it challenging to adjust to a more measured approach.
The problem compounds when we realize that the hard work ethic cultivated during the learning phase is not conducive to live trading.
Success in trading requires patience to wait for opportune setups and discipline to follow our trading plan.
The Identity Crisis
Moreover, trading becomes intertwined with our identity.
Each win or loss feels like a personal reflection because trading has consumed much of our focus and energy.
You have whether you know it or not 'identified' as a trader
Every win or loss becomes a reflection of yourself because trading is all you've done up until now.
It's all you've known.
Take A Step Back...
It's essential to take a step back during this pivotal moment and remind yourself of why it is you started to take on the challenge of trading.
Remind yourself of the goal and the 'why' behind it all.
Remember that emotional connection to the goal and let that be the driver again.
And most importantly learn to start separating yourself from being a trader.
Trading should not define your entire existence.
Make a conscious effort to reintroduce balance into your life and pursue other hobbies and interests beyond trading.
You'll soon discover that as your life finds equilibrium, so too does your trading performance.
An that's a wrap!
Yeah, it's definitely a tough transition, but it's totally necessary.
Just remember, being aware of it is the first step to making progress.
And hopefully, I've been able to shed some light on this for you.
Have a great day my friend!
====
P.S. I hope you found this helpful and if you did enjoy this 2 quick requests:
1. Share it with your audience so others can see - or just hit reply to let me know if it helped!
2. Drop me a follow @TraderDivergent
For more trading and psychology-related content
Cheers!
Trade a strategy that fits your personality so you're not fighting an uphill battle.
Trading is already hard as isโdon't inject more hardship into it.