Get In Sequence

personal development Jan 28, 2025

If trading is 80% psychological that leaves 20% to the edge your strategy has. We really don’t know if the 80% figure is accurate but you’ll hear a big number like that from many skilled traders and coaches. Regardless of the accuracy, how we behave as traders is vitally important. 

Back when racquetball was popular I was a competitive player and hired a coach to improve my performance. Here’s the dialog from our first lesson. 

Coach: “Why do you want to play racquetball?” 

Mike: “Exercise, gets me in shape, fun.” 

Coach: “You have it backward. You don’t play to get IN shape. You get IN shape to be a winning player.

Mike: “Aha!”

I was approaching the game out of sequence. That first lesson ended with me getting a detailed exercise regime and the directive to follow it precisely before next week’s lesson. 

Sometimes what we’re looking to achieve has a hidden sequence. In trading, knowing yourself and addressing weaknesses should be early in the sequence. How much time do you spend on improving your control over your emotions? Or developing discipline?  

Review is an important process to improve your performance (at anything). Dedicated traders review their charts daily looking for clues on how to improve. 

The really dedicated trader will keep and review a “thought journal.” How did you feel that day? What was going through your mind when you were entering trades, exiting trades, winning, losing, making mistakes, being perfect? The list goes on. 

Take a good look at your routines and confirm you are “in sequence.”

Our trading teams focus on multiple strategies for day trading futures and high-probability candidates for swing trading options. You can learn either or both risk-free. Join us.

To your trading success,

Mike Siewruk

PS: Check out the latest video on our YouTube channel. You can also subscribe and get alerted to new lessons. Enjoy!

Close

Thanks for joining The Daily Market Forecast Community!

You'll receive an email shortly to verify your FREE enrollment