Someone Else Is Spinning The Thread
"If the breaking day sees someone proud,
The ending day sees them brought low.
No one should put too much trust in triumph,
No one should give up hope of trials improving.
Clotho mixes one with the other and stops
Fortune from resting, spinning every fate around.
No one has had so much divine favor
That they could guarantee themselves tomorrow.
God keeps our lives hurtling on,
Spinning in a whirlwind."
—SENECA, THYESTES, 613
This is a really tough one to compare to trading for sure!
As traders we have to take the rough with the smooth and we must remember that even with the stats/data that we have available and by following the rules/criteria for our strategies 100% of the time, there will be occasions when a trade doesn't go to plan!
You may feel like the world is against you, but it will happen and it's all part and parcel of trading!
We can't control what is going to be thrown at us during our trades, so we must be ready to react to what we are seeing, rather than what we hope/expect to happen.
This is why as soon as a trade goes in play, we must adopt a neutral mindset to be able to react to what is happening, swiftly and decisively, in a heartbeat!
This means we are controlling and managing any losses and protecting our trading bank, so that we live to fight the next battle!
Sometimes we may be fortunate by taking our targeted profit, earlier than expected. Other times things may go according to plan and then there will be the occasional times when things are going against us and this is when we must react!
The target is to control our losses, to stay in the game. The profits will look after themselves.
Concentrate on how much you keep, rather than how much you can make!
If you stay patient and disciplined, with the correct trading mindset, it can be achieved. You've got this; get out there and do it!