Valentin S @ValentinSaidash - Twitter Profile

Emotions are a beautiful thing. They allow us to love and develop relationships with the people we care about, which when it comes down it, is the definition of happiness. But when it comes to business and making money, emotions are our biggest weakness. I work for a hedge fund and I can categorically tell you that the biggest players are ice cold in their decision making. They’ve been promoted time and time again because when things are hard they’re consistently good at making decision in terms of investments (and people) that lead to good outcomes. This is the same with trading. When the numbers become significant to you and the drawdown becomes large, the pros are separated from the amateurs. We as developing traders spend a lot of time trying to be technically better, reading books, watching YouTube videos… but the unfortunate truth is that very very few of us are emotionally prepared for how far this game will push us. So how do we get better? I believe there is significant emotional edge to be gained away from the screens. It’s not about becoming a robot, because that would ruin the fun of life. But significant discipline in our personal lives is a place where we can start. Do you look after yourself physically? Do you eat well to keep your blood sugar steady? Are your relationships with the people closest to you functional and healthy? Are you happy? Don’t get me wrong. We all need a technical edge and these things won’t make you profitable in isolation But risking an amount per trade that is significant to you will eventually push you close to breaking point… And what will keep you going and following your plan at that point won’t be some bro on YouTube It will be the ability to control your emotions.

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