No One Has A Gun To Your Head
"Nothing is noble if it's done unwillingly or under compulsion. Every noble deed is voluntary."
— Seneca, Moral Letters
Yet another meditation today, that is tough to try and compare to trading. We seem to be on a run of these over the last few days!
As traders we are always in a position where we don't have to do the right thing, because we always have options of course. However, if we want to become consistent and profitable on our trading journey, then doing the right thing is something that we must ensure that we do on a regular basis!
Due to the stats/data that we have available, we know that our trades will successfully go our way, many more times than when they go against us. This means, that as long as we take our regular targeted profits and cut short the occasional trades that are going against us, at our pre-agreed exit point, we will be profitable long term.
You stick to the rules/criteria for your strategies, because you know they work long term.
"No one has a gun to your head." You get to trade this way because you want to trade this way! Your results will confirm that you are doing the right thing, over a period of time.
Be persistent and with patience, discipline and a determination to succeed, you can do this! Stick with it!