#2 **LAKEOFFICE CLASS** Gee, it must be Wednesday night!
"Finally, my feet are wet!"
OR
At-home rocket surgery, it isn't
One fine day you will tumble out of bed and with the taste
of toothpaste still in your mouth and the smell of freshly brewed coffee
at your side, you'll click the mouse and enter your first position
as a full-time market trader.
It will be a stressful experience, for no amount of Paper Trading
can adequately prepare you for this moment... and the moments to follow.
Within minutes, you will feel chilled to the bone as if the temperature
had suddenly fallen to freezing. Or, you may break out in a sweat as your
precious bodily fluids rise through your epidermis to cool your brow.
Whatever the outcome of your first 'serious' trade, your reaction to this
simple event will be emblazoned upon your memory as though it had
been scorched by a branding iron.
Of course, this first 'professional' trade will not exactly be a pivotal point
in the sweeping story that is the human drama. It will be but the first
tiny step for you, somewhat less significant than your first date
or learning to drive.
Win or lose, upon closing out your trade, you will most likely feel
like a limp rag. If you don't, you had better check your pulse to see
if you're still alive.
The trick to consistent successful trading is to keep your emotions in check.
That doesn't mean that trading can ever be totally without emotion - we are
emotional creatures. Checking your emotions means that you must 'check' them
at the door when trading.
The entry and exit points will be determined by your chosen indicators or
sudden market-altering news or events. To help you 'check' your emotions,
promise yourself that you will release them in their full glory AFTER you have
exited your position. And by all means, keep this promise.
Think 'Exit and Release'.
You exit your position and release the 'checked' emotions.
Go ahead, vent! Get it out!
Now take a break. Go for a walk. You'll feel better after having moved
around for a while. When you've totally calmed down, you can then
begin thinking about what the next trade opportunity should look like.
It's a complex world in which we live and far from ideal. Good and evil
live side by side. There is too much need and too little peace.
Trading is but a means to an end - not an entirely perfect means
to not an entirely perfect end.
But, you're not alone. There's always a place for you here.
Besides, even trading alone from home sure beats the crap out of
the morning commute. |
