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Today was an up-day (pep talk to myself)

Any day I don't lose is considered a good day. When we think about trading, we often imagine how good it feels to achieve a big win or how good it feels to experience a series of winning days or weeks. These big wins are great, but they are relatively rare. The good news is that even small wins can boost the overall profits tremendously. (Little fish are sweet)




What is the best way to motivate yourself?

By being optimistic, a way of staying positive knowing that tomorrow can be a better trading day than today. The win today might be the start of the recovery process (who knows). Down days have a habit of grounding you as a trader. Compounding a string of losses is not unusual when "trend trading" so don't feel all is lost. In reality, trading can turn around on a dime these days.


Is there sufficient time to turn May around?

Yes, even small wins can boost the portfolio into profits.


On the flip side

Additional small losses can drive my portfolio so low that a recovery will not be possible.


Being realistic 

I'm not saying all members are average traders but in reality, "most of us are". Being average is "quite ok". Sometimes "luck" is all you need to be a profitable trader.



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Skate.


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