Trader Mindset Living in Uncertainly and Succeeding with Imperfect Information
We traders are people who have to live with uncertainty and make decisions with imperfect information. No way around it. We willingly decide to take this lifestyle on.
Most people can't live with the uncertainly. John Q. Public and Public Pensions will pay you handsomely to make the decisions under the conditions that we must make and as long as you are consistent, they will continue to do so.
You can't do this from the beach or it flip-flops. That's Tim Ferriss stuff. If you want to be a beach bum, go for it. This is not for you.
You have to be dressed as if your best client can walk through the front door at any time. Looking like a frat boy is not how you install confidence and you're not going to trade $2,000 into millions.
Tiger Woods played his best golf while his personal life was a big lie. Think about the emotional system he needed to play his "game."
When his personal life blew up, so did his game. It's as if he needed the secrecy and his clandestine behavior to play at a high level consistently. Maybe that's how he got "in the zone."
That's how his emotional model served him. How is yours serving you?
Nothing should get in the way of you feeling happy and trading. If trading is making you feel bad, you can quit trading.
Go for a quality, happy life first. Put a protective stop on your trading career to preserve your happiness. Driving yourself nuts is not worth it.
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