I wake up each morning and put the things I can control and the things I cannot on paper. If I cannot control the right amount for me, I do not proceed. I work on fixing it, it could be family or friends, it could be that my air conditioner is broke, it could be that I did not get any sleep. It is normally the later, only because I have not found a way to overcome it. If too much attention is averted away from the market, I spend time on fixing it.
On a less frequent basis I columnize what the market can take from me.
What the market can take away from me?
The market can take away my ability to trade tomorrow. Not so much financially at this point but psychologically. Can I get my TEE in balance? More importantly do I have the power to not trade if TEE is not in balance.
A positive look at life. I have been a victim of this. I stopped trading for 6 months because I saw my friends reduced to the shell of what they were. It is a real thing but I have not experienced it personally. Maybe one day.
What the market cannot take from me.
Housing, food, clothing.
I am going to borrow from Maslow’s hierarchy of needs. I have lived in 14 states, I own very few things that cannot be replaced. I just live simply, it is more painful to go down a standard of living than to stay at one. I prefer sleeping on a couch than most beds. I am not saying I do not like nice things but they are just that, things. I can afford food; the types of food may vary. I love a medium rare steak and but do not mind eating Ramen noodles. I have enough clothes are this point, I am not going to be without an outfit.
My Pride.
Pride is a fault if it is not used properly. I love trading so much, if I have to I will shovel shit to get back, I will. I came from humble background and the only way I can fail is if I forget that.
My process.
It works, without a doubt. The application leaves rooms for interpretations. If I break the rules the process does not matter. It means I failed not the process.
The grind
Your base is important, it limits your fall. I know that if I have to, I can make $200 net every day. It is enough to make a decent living. I am resilient if anything. I will find a way to make it through. I do not look forward to times when/if I have to grind.
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