Trading Commodity

In a world with no job for life, at least there is still an industry for life... so: I am trading commodities :) follow me #TradingWhatYouLove #FinancialFreedom

[Trading Commodity @iamtradingcommo]

Do you hate and dread Mondays? I am very fortunate... I don't care what day it is most of the time ;) #BeingYourOwnBoss #ReasontoSmile #TCFH

[Julian Komar 🚨 Market Update Premium @BlogJulianKomar]

5 things I have learned about #trading:

1) Market is the best teacher.
2) Learning will never end.
3) Money comes in bunches.
4) There's no holy grail.
5) I want to do this until the end of my life.
6) Everybody can learn to trade.
7) Most traders lose money.

What else?

[Trading Composure @TradingComposur]

"Expect the best, plan for the worst, and prepare to be surprised."

― Denis Waitley

[Trading Composure @TradingComposur]

• Prioritize health — physical and mental
• Focus on quality vs quantity
• Think process
• Think consistency
• Trust your plan

If you can do that, I guarantee you’ll see some significant improvements in your trading.

[Trading Composure @TradingComposur]

“Receive without pride, let go without attachment.”

~ Marcus Aurelius

[Trading Composure @TradingComposur]

Losses show that trading is taking place.

You can't win them all.

Hence, the goal is not to avoid losses, but to go through them with process and stability of mind.

[Peter Robbins @prrobbins]

Forget the usual indicators, the best indicator is listening to your own thoughts and trading according to your natural reactions.

[Trading Composure @TradingComposur]

What compounds agitation, worry, and stress:

• Not having a trading system
• Not following your rules
• Trading too big a position size
• Not managing your mindset
• Checking your positions 10-20x a day
• Comparing yourself to others

[Trading Composure @TradingComposur]

It's not about making money trade after trade, it's about making money in the aggregate.

[Trading Composure @TradingComposur]

How are you approaching this trade? Are you doing it with expectations?

Why not take a moment to relax your body and clear your mind, and then see if you can approach it with acceptance?

[Peter Robbins @prrobbins]

Getting flat and taking a walk is often the best move a trader can make.

[Peter Robbins @prrobbins]

Both overconfidence and underconfidence can destroy a trader.

[Peter Robbins @prrobbins]

A missed trade is a walk away trade. Chasing is for dogs.

[Trading Composure @TradingComposur]

Consistency will keep eluding you until you make a firm decision to fix yourself.

[Trading Composure @TradingComposur]

People are very bad at taking losses. They take it as a blow to their ego when, in fact, they should view it as a learning experience.

[Trading Composure @TradingComposur]

Discretionary trading is where the BIG bucks are made.

When everything is systematized (fixed entry point, stop-loss and target), you lose some of the benefits of random variation.

[Fearless Motivation @fearlessmotivat]

Intelligent and STRONG people tend to have less friends, but more quality friends. The stronger you are the more selective you become.

[Peter Robbins @prrobbins]

For the average worker TGIF is exciting because it means only one more day until the weekend. For traders it is sad because it means there is only one more day of trading left in the week.

[Trading Composure @TradingComposur]

Shift your perspective from money-oriented to process-oriented.

Remember, you're playing a numbers game. Make sure your ego is not involved in this.

In the short term, winning trades and losing trades should not get to your head, or to your heart.