Thursday was challenging. But not because I was racking up loss after loss—my trading process takes a safety-first approach, so that's never a concern. But I missed out on the primary opportunities. Why? I'll explain in a minute. Can you relate? You have a strategy that's working for you. What happens next? Let me share an email with you. As you read it, consider whether you could easily have sent it.
You plan to make back those losses. Yet once trading gets underway the next day, it's more of the same. After several additional losses, you do the wise thing and stop trading. While your account is no longer suffering losses, it won't be long before you experience why some people say the market is an unforgiving force. See if you know what I'm referring to in a moment. The complacent ones I refer to identifying where the market will move as a game plan.