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WHAT? Really? Is it another great day ahead of us filled with intriguing price action twists and turns?
Grateful for some LBR wisdom:
#1 - "Trading is not an intellectual game. You can’t “out-think” the market. Analyzing and predicting the markets is not nearly as important as learning how to react to what the markets actually do. Stay involved in the process of making the right decisions at each moment, and let go of worrying about the outcome. Take each trade one at a time and manage it to the best of your ability at that moment. Trust your judgment."
#2 - "Concentration, routine, and ritual are the most powerful tools at your disposal to help ward off distractions and eliminate the emotions and anxieties that hinder good performance."
#3 - "In order to be profitable, you must learn how to win the real game: the mental side of the business. This includes recognizing the importance of having a game plan, the incredible role that patience plays (waiting for conditions to be just right before entering a trade), and the tremendous amount of mental fortitude it takes to endure the slow times."
BONUS - LBR on the importance of APPRECIATION - "Trading is the ultimate lesson in attitude. Every day we can choose to criticize all the things we didn't do right, or we can marvel at the abundance of opportunity the market provides for us."
What makes you tick at your end, guys?
You are never in the wrong place... but sometimes you are in the right place looking at things in the wrong way.
Today I identified a major spiritual error that I have been making... since forever. In the process of correction... and that always brings growth, happiness, peace, and joy.
You are never in the wrong place... but sometimes you are in the right place looking at things in the wrong way.