Peace Is In Staying The Course
"Tranquility can't be grasped except by those who have reached an unwavering and firm power of judgment — the rest constantly fall and rise in their decisions, wavering in a state of alternately rejecting and accepting things. What is the cause of this back and forth? It's because nothing is clear and they rely on the most uncertain guide — common opinion."
— Seneca, Moral Letters
The Stoics believe in having an unwavering and firm power of judgement. This is defined by Seneca as "believing in yourself and trusting that you are on the right path and not being in doubt by following the myriad footpaths of those wandering in every direction."
Put simply in trading terms, we are sticking to our judgement using the historical stats/data that we have available to us. When all the rules/criteria for our strategy have also been met, we can believe in ourselves and trade accordingly. This means that we avoid being distracted by other people's opinions, which can make us doubt ourselves and veer off course, in a different direction to our planned path!
We can be confident that we are moving in the right direction and we don't need to compare ourselves to others and jump from strategy to strategy. It's very simple.. We can be at peace with our trading, by identifying our path (the strategies we use) and sticking to it 100%, staying the course and ignoring any potential distractions. This is how we can have an unwavering and firm power of judgement on our trading journey.
As the title of today's meditation says; "Peace is in staying the course." Are you ready to try it for yourself?