trading

trading

Wednesday 29 April 2015

#6: WITHDRAW FROM THE MARKET "It is in your power to withdraw yourself whenever you desire. Perfect tranquility within consists in the good ordering of the mind, the realm of your own."

"Traders think that they have to trade. After all, if they don’t trade, they are not traders.
Wrong, wrong, wrong.
One of the most powerful weapons of a trader is the ability to stop trading.
To improve your trading, withdraw from the market under the following circumstances.
• You are mentally fatigued.
• You cannot find an edge in the current market.
• Your trading connection is unreliable. (For e.g. when travelling in less developed areas)
Withdrawing yourself from the market is not just an option. It is a powerful one that distinguishes the best traders."

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