Rebel Traders 075 : Cool Hand Luke…
When the markets are giving you a solid kicking, how do you keep your head?
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It’s been an “interesting” couple of weeks in the markets. With this week being a shortened week, it certainly has people being a little more conservative than usual.
People are rolling back into the markets after being weighed down by a ton of overeating yesterday…
Many people are protecting their downside after being hit with a virtual “Buy,” ”Cry,” and “Die” pattern. I heard it called this the other day, which I have to admit was pretty apt.
The bottom line is this: Sometimes the markets will beat you around a little and even knock you down. The main thing is that you are in a position to take a couple of hits and get back up and more importantly, come up swinging.
It's easy to let emotion get the better of you and make you react impulsively when the markets are not going your way. However, it's experience and mental resilience that allows you to weather these storms.
So, in this week's show, we're going to show you how to adapt and overcome and raise awareness in a unique way's that we approach this…
3 Key Takeaways From This Show
- The markets will hit you every now and then, don’t let it stop you trading.
- Trade smaller and more often. That reduces risk exposure.
- Have a plan so you can trade tomorrow, next week, next month and next year.
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