Trader Mindset Absent Of Intentional Work, Your Self Talk Is Weak
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Sep 21, 2023 Explore the significance of hard work, intentional self-talk and developing a winning mindset in trading. Discover strategies for catching retracements, reversals and trends. Reflect on the importance of defining intentions and self-talk in trading. Learn about the power of intention, personal growth, and the role of subconscious beliefs and emotions in decision-making.
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Hard Work Strengthens Self-Talk
- Self-talk is weak without hard work backing it up.
- Negative self-talk creates an endless loop reinforcing failure.
Trade With Clear Intentions
- Define your intentions clearly before trading and act on them intentionally.
- Avoid relying excessively on others’ trading ideas to develop your own strategy.
Spot Upward Trends Early
- Look for instruments trending upward on charts using six months daily data.
- Don’t anchor to missed trades; trends can continue despite past gains.