What separates the greatest traders from the rest is their level of self-awareness.
The best trading edge you can have is knowing yourself.
When we don't understand ourselves and our emotions, we make bad choices.
But when we can identify those emotions for what they are and how they work within us, we can start making informed decisions about how to best respond in any given situation.
And that's where trading success comes from; being able to identify your emotions and make good decisions without letting them get the better of you.
If you can do this, then you'll find yourself in much better shape to deal with the challenges that trading presents.
You'll be able to stay calm when things get hectic, and you'll know when it's time to take a breather or walk away from your desk.
When we are aware of our biases and tendencies, we can start to account for them.
We can also start to see the circumstances and situations where they are likely to come into play.
This helps us avoid costly mistakes that can quickly end our trading careers.
If you're looking for an edge, don't waste your time searching for the perfect system or indicator.
Instead, focus on becoming a more self-aware trader.
It's a skill that will serve you well in all areas of your life, and it's one that will give you a real edge in the market.
@elonmusk@ClayTravis@Twitter@nytimes Are you really saying if people had gotten to see Hunter’s dick pics, the election would have been won by Trump? That’s the big corruption?
@ACTBrigitte The people really don’t care about the returns of a man who at one time held the power of life and death but about the son a president who presided over a gas company. Very rich!
@tedcruz Another grievance pursuit on behalf of Trump. Can you guys just govern? I’m tired of working two jobs and not spending time with my kids.
You guys can make our lives better but it’s this exhausting endless political beef you’ll rather have.
@ksorbs I’m curious at the significance of Hunter other than he’s POTUS’ kid. Trump and Kavanaugh made and make decisions that impacted and will continue to impact lives for a lifetime.
@Acyn The fact that people have the time to consider the merits of the nonsense he spews is telling of how he will continue to dominate the news circles. How what this man says is worthy of consideration is beyond me.
@donwinslow@tedcruz this is an army of good guys with guns, I’m sure you would have had something cute to say if it was one teacher with a gun who showed fear.
@ananavarro I don’t even get the comparison between the two, Jill made a gaffe and apologized. Trump is intentional about putting people down and doesn’t give a damn.
@AdamKinzinger How they contort themselves to echo Trump’s talking points? They strip themselves of any independent thought just to appeal to the base. It’s really sad.