Sunday afternoon after church I have catch up with my friends and we went for fishing. There was so much fun and memorable to spend time and relaxed.
Normally weekends I don’t really care what the market goes, besides taking myself free from Computer, Chart and the crowd.
Let's recap and see my perspective from fishing and look into the trading what to learn from it.
Be prepared and excited
First things first we need to set up the fishing rod, fishing line as well as the reel. Trading apply the same before start to trade need to setup few things like crossing the exchange, trading pair.
Patient is required
This is the core value or character once we place ourselves into the place we need to learn how to wait.
Trade does needs a lot of patients and emotional maturity. If the trading flow doesn’t work the same ways of our expectations then needs to learn a long the way from the mistakes that we have made.
Back Home and happy
Don’t meet the expectations then it’s still fine. Today sunset then tomorrow the sun will shine and the opportunities is along the ways.
One common mistake that the day trader usually do is not to exit and return home. Because of believing that the price will be back and try to hold. Actually its not wrong to keep but if we are the day trader everything should be done in one day.
If today don’t get the profit then return home and be happy because you don’t lost more. and tomorrow go in again and never repeat the same mistake.
Try to simplify things don’t make it complicated so that you will see the beauty our life.