Knowing Your Limits as a Trader

Here's a big shout out to Tom Canfield for his recent tweet on finding his limits in trading the volatile TSLA stock.  We get so many boastful tweets and self-promotions, it's refreshing to hear from a real trader who is going through a real growth process.

We talk about many trading strengths, but rarely discuss acceptance.  A top athlete in track and field may not be a top basketball player or a top weight lifter.  A great portfolio manager might make a wildly unsuccessful day trader and vice versa.  So much of success is finding what we're good at and making the most of those strengths.  But that presupposes that we can accept who we are and what we're good at--and what we're not.

Often, we only know what we're good at by pushing our limits and finding out what works and what doesn't.  I know traders who are freakishly good at trading one kind of market and not others.  They only learn that by pushing, failing, and then coming to a reckoning--and an acceptance of the limits of their strengths.

We cannot make the most of who we are if we are always trying to be someone else.  It's great to push our boundaries, but even greater to fail fast and use the experience to double down on what makes us successful.

Further Reading:

Trading and The Path of Repentance

forex trading forex factory what is forex what is forex trading forex market forex scams forex brokers forex com forex market hours forex news forex trading app forex trading for beginners how to trade forex best forex broker forex charts forex signals is forex legit pips forex forex investment ig forex forex calendar forex trading strategies hdfc forex card login best forex trading platform forex brokers usa forex cargo forex demo account forex exchange forex patterns forex reddit forex trading scams how to start forex trading tradera forex what is forex trading and how does it work what is leverage in forex best forex broker in usa best forex trading app forex app forex compounding calculator forex currency forex factory calendar forex profit calculator forex tracking forex trading platforms forex vs stocks learn forex trading lot size forex no nonsense forex td ameritrade forex forex cargo tracking forex definition forex login forex meaning forex pip calculator forex ranks forex reviews forex time zone converter forex time zones forex trading for dummies forex trading hours forex trading reddit free forex signals iml forex is forex trading profitable what is spread in forex best time to trade forex forex calculator forex candlestick patterns forex chart patterns forex com login forex correlation pairs forex day trading forex economic calendar forex for beginners forex session times forex stock forex strategies forex trader salary forex trading meaning forex trading reviews is forex legal live forex charts scalping forex us30 forex what is forex market what time does the forex market open when does the forex market open divergence forex forex com review forex factory news forex for dummies forex hours forex indicators forex market times forex pyramid scheme forex quotes forex sessions forex trading course forex trading signals

Iklan Atas Artikel

Iklan Tengah Artikel 1

Iklan Tengah Artikel 2

Iklan Bawah Artikel