Some important points to think about:
At the end of the day, it's important to know the game that you're playing; accept the games that you're not playing; and find peace with who you are, what you can do, and what you can't do. Only some market movement is opportunity: that sphere of movement that overlaps where we truly possess an edge. BMW doesn't fret over buyers who choose to drive a Chevy; that's not the game they're playing. The people who run Silversea cruises don't bang their heads against walls because they "left money on the table" when people chose Disney cruises. You judge yourself against your own yardstick, against the metrics that capture who you are and what you're trying to accomplish.
Trading can be fun and we can be passionate about markets, but nothing is so important that it should dictate and control our physical and emotional well-being. Trading has to fit into our lives and skill sets; otherwise, our relationship with markets becomes an unhappy and even abusive one.
At the end of the day, it's important to know the game that you're playing; accept the games that you're not playing; and find peace with who you are, what you can do, and what you can't do. Only some market movement is opportunity: that sphere of movement that overlaps where we truly possess an edge. BMW doesn't fret over buyers who choose to drive a Chevy; that's not the game they're playing. The people who run Silversea cruises don't bang their heads against walls because they "left money on the table" when people chose Disney cruises. You judge yourself against your own yardstick, against the metrics that capture who you are and what you're trying to accomplish.
Trading can be fun and we can be passionate about markets, but nothing is so important that it should dictate and control our physical and emotional well-being. Trading has to fit into our lives and skill sets; otherwise, our relationship with markets becomes an unhappy and even abusive one.