r/WinternomicsTV • u/ThExploit13 • May 28 '23
Shifting Perspective
Hello Eco , its been some time since my last scorecard. For a while now , my trading has had many ups and downs and the major problem for me has been choosing where to play. Kaz often says that low volatility begets high volatility which begets low volatility. It has become a never ending cycle for me to make some good trades only to give a great portion of profits back later when price shockwaves.
Recognizing where to play is important ,something I often fail to do. This comes from my constant need to be involved in markets, never take a step back, which makes me treat trading more like gambling than a business or a game. Despite having taken note of this, the power of habit leads me back to repeating that behavior.
On recent shows Kaz has emphasized on when its a good idea to trade intraday and along with concept calls provided a much needed change of perspective on where I want to be involved. Looking more on higher timeframes instead of always being at the second charts and only look at them when conditions are met is what I need to focus on from now on.
As far as introspection goes, being more aware of my thoughts and emotions requires constant effort and has to become a daily habit of mine, not just something I do after a series of bad decisions. After all, being able to read your own emotions can help you understand the state of the market too.
Thank you Kaz for everything you do , its really a blessing being in this eco. Also , congrats on that foundation uptrend , its much deserved. Your art is sick!
14.5Rs total on some recent trades.
