22-02-2022
009 - Are You a Reactive or a Proactive Trader?
Last week's episode 8 on handling trading losses is an important topic that impacts all traders. It's one of the most challenging aspects of trading to accept, handle, grasp, manage, and overcome. Not only it can be financially draining, but also psychologically draining. But many traders can't help but continue to "react" to the losses and trading results by "revenge trading" or not pausing and reflecting to learn from the losses before putting on another trade. Instead of focusing on the trading results or outcome, focus on arming yourself with building a solid trading process and continue to improve your process because that is what you have control over, not what the market does to your trades. What is your favorite affirmation from this episode that resonates most with you? Visit the Affirmations For Traders website and go to the Blog page to leave a comment under the corresponding episode. The transcripts are also available inside the Blog page.