Many traders don’t understand that how and why their psychology affects their trading. Trading involves stress because trading can results in financial gain and loss sometimes in a matter of seconds.
When there is too much stress, it affects a person’s ability to make better decisions. And when a person can’t make better decisions in their trading, naturally they make losses in their trading.
And because of that, a good way to deal with the stress is gratitude. With gratitude, stress can be overcome and decision making in trading will be better. And because your decision making is better, you tend to make better trades and eventually results in overall profitability.
In short, when you are in a state of gratitude, your psychology is better, your trading is better.
If your gratitude is real and not faking it, naturally you start to win more in your winning trades, lose less when you are wrong and in a losing trades.
Overall, over time, you’ll start to see your capital grow bigger and your wealth grow consistently.
There’s a reason why I always preach about gratitude. It’s the key to success in almost all areas of life that I know of regardless whether it is for trading or not.
Gratitude is the key to having good psychology for trading and also for trading success. Watch the video to truly understand this.
And I quote William Arthur Ward words, “feeling gratitude and not expressing it, is like wrapping a present and and not giving it” and John F. Kennedy words, “As we express our gratitude, we must never forget that the highest level of appreciation is not to utter words, but to live by them”.
And I try to live by them. I feel stronger sense of gratitude when I show my gratitude in actions than in words. And its more real to me too. Don’t take my word for what I said. Try it and you can see your trading improve.