Re: Transitioning from simulated to live trading
Posted: Mon Apr 30, 2012 10:48 pm
switchtrader wrote:
Set yourself a small goal of taking the next 10-20 trades no matter what...no excuses,no fluffing about......just take them!!!
Before you place the trade,define your risk and ACCEPT IT COMPLETELY.
Always tell yourself that if i don't take this trade,which is based on my edge then i WILL destroy whatever edge i have.
If you notice the last part i mentioned,you will see how important your mental head space is in becoming a professional,its more important than an edge or a system.
Because you my have an edge but completely destroy it by thinking incorrectly.
rgds,
switchtrader
Echo that. The whole post was right on, not just the quoted part. Great job Switchtrader.