Flowtastical made a comment that motivated me to check in from my vacation and re-post it here because it is so critical and true.
What people fail to understand is that your return can be infinite in trading just like in life. You are only limited by your own beliefs.
I'm at a prop desk in nyc. My goal to to increase my financial value to infinity. How much percent return is that? Plenty of guys I know make millions. Who cares? They're aren't you, you aren't them. They have no idea what its like to walk in your shoes. Their value has zero to do with you.
Study your pnl. Copy your best setups. Forget the bad ones. Make your best trades better. Make yourself better. Eat better. Sleep better. Trade better. Constantly work on increasing your own value to infinity. Do it a little at a time and it will add up. I lost so much money in the beginning of my career and wasted so much time trying to be a million dollar trader on day one. I kid you not when I say ALOT of money.
You have the potential to make more than anyone else on any desk. Study your pnl."
There is a lot of wisdom packed into those words. "You are only limited by your own beliefs." So true - I read the quote below from Steve Jobs on The T.A.D Principle blog earlier this week, and it really drives the point home (by the way, if you need to change the way you think, read my post (from five years ago) on The T.A.D. Principle here):
"Remembering you are going to die is the best way I know to avoid the trap of thinking you have something to lose. You are already naked. There is no reason not to follow your heart." - Steve Jobs.
Flowtastical also wrote "Make yourself better. Eat better. Sleep better. Trade better. Constantly work on increasing your own value to infinity. Do it a little at a time and it will add up." Earlier this year I made a post on meditating, and it stimulated a lot of good conversation. Developing positive habits/practices like meditating daily is a great way to start down the path to improving yourself.
Trading 27-April-2016 (+ $66)
22 hours ago