A Bit More Bull

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Mental Fitness May 26, 2009

Filed under: Trading Wisdom — BMB @ 6:47 pm

“Mental Fitness For Traders” – a free PDF download:

In my career, I’ve come across at least 50 systems that I consider A+, yet I know for a fact the MOST traders that have traded these systems have lost.

Why?

They were not in control of their emotions.

Are you?

Thanks to Chart Swing Trader for the link.

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2 Responses to “Mental Fitness”

  1. Andrew Says:

    LOL…. I’ve got too much control….and tend to get out too early….Of course, that only happens because my strategy isn’t overly complicated.

    Yesterday I made what I thought was more than enough for one day and got out. Sadly, I think this is becoming more prevalent.

  2. BMB Says:

    Andrew, making some money is better than making none or losing — and getting out early isn’t a bad idea in choppy markets. But in longer trends, it’ll cost ya.


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