Steve's post
Most traders think the market tests whether they're right.
It tests something more difficult.
Can you watch a stock run without you and not chase it if it has moved too far past your entry signal?
Can you let a winner run without inventing a new exit rule to exit too early for no reason?
Can you take three small clean losses without deciding your edge has disappeared?
Can you make easy money for a month without deciding you're suddenly entitled to take bigger risks?
Can you see people make a lot of money with a different strategy without abandoning your own and creating style drift?
The market is constantly offering you reasons to abandon your trading consistency and discipline.
The market will constantly test your patience, discipline, confidence, and conviction. The real skill is knowing when the market is just volatile and when your emotions are trying to change your behavior.
It tests something more difficult.
Can you watch a stock run without you and not chase it if it has moved too far past your entry signal?
Can you let a winner run without inventing a new exit rule to exit too early for no reason?
Can you take three small clean losses without deciding your edge has disappeared?
Can you make easy money for a month without deciding you're suddenly entitled to take bigger risks?
Can you see people make a lot of money with a different strategy without abandoning your own and creating style drift?
The market is constantly offering you reasons to abandon your trading consistency and discipline.
The market will constantly test your patience, discipline, confidence, and conviction. The real skill is knowing when the market is just volatile and when your emotions are trying to change your behavior.
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