Affirmations of wealthy traders

Affirmations for wealthy traders

 

Based on the article that I wrote earlier I decided to turn it into a list of affirmations. These I will repeat to myself every day as I journey on my path to become a trader.

 

DISCLAIMER

 

Click here for my disclaimer. It basically says that I am on my path to becoming a trader and these are just my opinions on how to approach learning to trade. Feel free to check it out and comment on it.

Here it goes…

 

 

 

• I will be patient with my winning trades and impatient with my losing trades.

• Making money is more important than being right.

• The charts are a visual representation of where others are buying and selling.

• Before I enter a trade I know exactly where to get out. Winning or losing.

• Approach every trade with the same mindset. It’s about the numbers. Just play the numbers and you will end up winning.

• I will focus on the naked chart and support and resistance zones.

• I understand that being uncomfortable trading is OK.

• The market is my workplace.

• I will stop picking tops and bottoms. I will trade with the trend.

• The market is not cheap or expensive. It is what it is. I will decide which way I think it’s going to go and trade in that direction.

• If the market tells me it has changed I am willing to change sides. The market is always right.

• When trading well I will trade aggressively, when not I will trade modestly.

• The market will be open again tomorrow. I live in a world of abundance. There will always be opportunities.

• I will never add to a losing trade…. EVER.

• Cash is the goal, but never the measure of success. I will follow my plan.

• I will keep learning more on mass psychology and everything related to trading.

• I will practice seeing the right side of the chart.

• I can explain my edge in trading very easily.

• I will calculate my position size based on the market circumstances.

• I will base my profit and loss targets on the average ranges of the market or something else that’s objective.

• If I only have a few winners that’s OK.

• I will make a decision even though I don’t have the complete information.

• When I lose in a trade that doesn’t mean I’m a loser.

• I will buy the higher highs and sell the lower lows.

• My business isn’t trading – it’s finding the right trades.

• I will record every trade – price, thoughts, news, attitude.

• I will set my trade with stop loss and take profit and let it run.

• I will not risk more after having a winning trade. I will hold onto my profits.

• I will trade the reaction to the reaction – not the initial reaction.

 

Thank you

 

I hope that sharing my progress in any way helps you to become a trader. Don’t be shy to leave a message. Email me. Trolls are welcome as well 🙂