Thinking back on yesterday I realized that in the past, I would have spent the whole day trying extremely hard to find a trade. However, sometimes it is best just to relax and do something else.
No matter how bad you want to trade or how hard you look, you are not always going to find a good risk/reward opportunity out there.
Forcing yourself to find trades puts you in the inevitable situation where you are either taking a higher risk / lower reward trade or simply ‘shooting from the hip’ and we all know that this is not going to help anyone build their account consistently over time 😉
2 thoughts on “Thought of the Day…”
Very wise words. And this is the beauty of trading. Just take the day off, do something with your loved ones, no boss is bugging you.
Thank you for your comment – very true but easier said than done, we need to work at being able to get away ;-)Thanks.