Trading Psychology – The Decisions You Make

Every decision you make every day has the potential to change your future, even if it seems like a minor decision.

When you make a decision and then act on it, it sets things in motion.

It happened one day in your past that you decided to become a trader.  That set things in motion and you are where you are now.

You’re also not the same person you were before you became a trader, and you’re also not the same person you were when you very first started out.  You’ve made decisions and had experiences that have molded you into who you are now.

Some decisions you make consciously, like when you are enter a trade.  It is in the front of your awareness.  Other decisions you make without thinking about them, like continuing to be a trader.  It’s just kind of given thing.

Here’s similar example:  for married people, every day they unconsciously make the decision to stay married.  Sometimes the day comes when one or both partners makes the conscious decision to no longer stay married.

But every day they are making the decision one way or the other.

Another unfortunate decision that is often made without thinking about has to do with your development as a trader.

There have been days, perhaps many of them, when you made the decision to put off your development as a trader.  You got distracted with simply placing trades or perhaps it was your daily life situations that you decided to put first.

Every day you make numerous decisions, and they have all led you to today, whether they were conscious decisions or decisions ‘by default’.

Now one of the great things about trading is that you have 100% control over yourself and your development as a trader.  You can either attend to it and make yourself into the consistently profitable trader you want to be, or you can allow the days to pass without you making significant progress.

Either way, you control your destiny and who you choose to become.

“The best way to predict your future is to create it.” – Abraham Lincoln

Have a great weekend!

Cheers

Brian

P.S. If you have the desire to become a true Professional Trader, then i invite you to check out the Trading P.I.T. Club, where you can get your ‘Masters in the Business of Trading’.

Get your MBA in Trading by clicking here

You can either be a ‘trader trying to make money’ or you can become the ‘owner of a successful and reliable trading business’.

When you fail to make a decision or make a decision and then fail to act on it, it also has an effect on your future and most importantly your integrity and self-esteem.

Make the decision right now to become the trader you truly want to be!