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John's Journal

Conquering FOMO


Day 7
May

How To Have A Good Day

John BoyUk, 7 May

"God laid down this law, saying: if you want some good, get it from yourself."
— Epictetus, Discourses

A very short and sweet meditation today, but the message is quite simple and also this can be applied to trading.

Do good things that work for you as a trader. Stick to the rules/criteria for your strategies 100% of the time. Manage each and every trade to it's completion.

By doing this correctly you will be right many more times than you are wrong. Therefore, as long as you cut your losses in a heartbeat and without hesitation if a trade is going against you at your pre-agreed exit point, you will be profitable long term.

So stick fully to the strategies that work for you and nothing else. This is the way to improve and get better and better as you get to know your strategies inside out and back to front! You will become consistent and profitable over time.

This is "how to have a good day" as a trader.


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