Control & Focus

  • Know what you can control and what you can’t. You can’t control the market, but you can control how you react to the market. Before you can become a consistent trader, you must first control how you respond to the market and your actions. We can always be in control of ourselves and how we act. Being able to regulate our actions has a lot to do with how we see ourselves as a trader, our vision for ourselves, and our confidence.
  • Focus on the process of trading rather than the outcomes of your trades. You can control how you select your trades, set risk, and enter, manage, and exit your trades. You can never control how trades will turn out. Place your attention on what you can control: The process of trading, not the outcomes. The process is where you can make a difference.
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