The Core of Stoicism is the very definition of ACCEPTANCE & INDIFFERENCE
In a World full of unexpected tons of events our emotions can tend to get in the way of things
A short Thread on a simple Stoic behavior that can put you 90% ahead in your trading game๐ชก๐งต
In a World full of unexpected tons of events our emotions can tend to get in the way of things
A short Thread on a simple Stoic behavior that can put you 90% ahead in your trading game๐ชก๐งต
In reality we don't really get sad because bad things happen to us tho, we get sad because of how unexpected that thing happens to us
Giving an instance with rain fall
We do know a rainy day is essentially brings about a cool day & it helps water and grow our plants
Giving an instance with rain fall
We do know a rainy day is essentially brings about a cool day & it helps water and grow our plants
This Is something we know that is unavoidable, it's a simple force of nature, but let's say you're struck by rain on your way back from work or an event without an umbrella ๐
It makes you immediately uncomfortable and you get sad over something that would have been ordinary
It makes you immediately uncomfortable and you get sad over something that would have been ordinary
Some other time
Same thing happens in trading
Stop Losses which are something very normal & are eventually sure to happen to every trader, can seem like a pleasant even when expected
But not when the trader has fixed his hopes on the amount of profits he would have amassed
Same thing happens in trading
Stop Losses which are something very normal & are eventually sure to happen to every trader, can seem like a pleasant even when expected
But not when the trader has fixed his hopes on the amount of profits he would have amassed
On that trade before it goes south
Stoicism teaches us that in the same way, we should expect that everything bad that can happen will happen.
Picture the worse outcome and we can tend knowing that it could happen.
Stoicism teaches us that in the same way, we should expect that everything bad that can happen will happen.
Picture the worse outcome and we can tend knowing that it could happen.
With the current situation of the world, where innovations, new products, tons of advertisements are shoved down our throats daily, we are made to believe that if we don't have the next best thing, look a certain way or make a certain amount of money, that we will never be happy.
So alot of pressure is been forced down our spines each day to accumulate so much in order to live a materialistic life that would please the external forces in our lives and not really our inner forces
Traders wanting to get rich overnight from a single trade making them
Traders wanting to get rich overnight from a single trade making them
Essentially risk higher than budgeted
A great trader once said that "the natural order of trading is probability, there's no good or bad, sure or unsure trades, just random turnouts of events".
The only edge you can give to yourself against the market that is constantly
A great trader once said that "the natural order of trading is probability, there's no good or bad, sure or unsure trades, just random turnouts of events".
The only edge you can give to yourself against the market that is constantly
Fighting against you each day is to develop a bullet proof psychology and a tested working strategy.
Often at times people say that psychology in trading is all you need to be profitable but this on itself is actually not true
Let's look at it in this way
Often at times people say that psychology in trading is all you need to be profitable but this on itself is actually not true
Let's look at it in this way
Let's say you were opportuned to be born with a heart that feels no emotions, a heart willing to accept outcome of events the way they are and a bullet proof psychology,
If your strategy isn't up to PAR or struggling you still wouldn't make money tho lol !!
If your strategy isn't up to PAR or struggling you still wouldn't make money tho lol !!
And of course the end goal of every trader is to make money off the market yh.
Every human being is a charged entity and we all feel emotions but often times we tend to lean towards the "Good" & only the best things that can happen in our lives whilst forgetting that for every
Every human being is a charged entity and we all feel emotions but often times we tend to lean towards the "Good" & only the best things that can happen in our lives whilst forgetting that for every
Action there's an equal and opposite reaction,
Traders today only want to make money, which is a good thing tho, but they're not ready to accept the truth that comes with it , which is that they also can loose it all back to the market
They're moved only towards things that
Traders today only want to make money, which is a good thing tho, but they're not ready to accept the truth that comes with it , which is that they also can loose it all back to the market
They're moved only towards things that
Bring happiness and never towards what brings pain, pain is there for a reason **
But the absolute stoicism truth is that these things will always happen & it's a stoic behavior that we accept it as they come
Remember the core of Stoicism is acceptance & Indifference
But the absolute stoicism truth is that these things will always happen & it's a stoic behavior that we accept it as they come
Remember the core of Stoicism is acceptance & Indifference
A trader who has a profitable strategy and has learnt total acceptance of the randomness of probabilities that exists in the market & is indifferent towards the outcomes is a true Stoic trader & the Stoics are the truth masters of virtue & Psychology
So then
Are you a STOIC ?
So then
Are you a STOIC ?
That would be all for Ep1
Watch out for the Psychology of patience in trading tomorrow morning by 10 am WAT
that's why your notifications to my tweets must be turned on โ๏ธโ๏ธ
& if you're new here
Hey I'm techriz I help starting traders grow
Follow me for moreโค๏ธ
Watch out for the Psychology of patience in trading tomorrow morning by 10 am WAT
that's why your notifications to my tweets must be turned on โ๏ธโ๏ธ
& if you're new here
Hey I'm techriz I help starting traders grow
Follow me for moreโค๏ธ
Since no man is an island of knowledge
These are a few great people I follow and learn from each day here on CT
Give them a follow
Their handles ๐ @Alh_Myke1 @Starr_gael @SDX_Trades @Kelvintalent_ @kelvinbillions_ @Marresecira @_InvestorBen @TraderRozay @BravuraTA @neehyeehwah
These are a few great people I follow and learn from each day here on CT
Give them a follow
Their handles ๐ @Alh_Myke1 @Starr_gael @SDX_Trades @Kelvintalent_ @kelvinbillions_ @Marresecira @_InvestorBen @TraderRozay @BravuraTA @neehyeehwah
@Crypt_Therapist @TraderHadesh @OsmondSabby @OlawuyiPeter8 @ProsperoApril @dnatechbro
If also you learnt a thing or two
Like & Retweet to share the insight to others out there ๐๐โค๏ธ
If also you learnt a thing or two
Like & Retweet to share the insight to others out there ๐๐โค๏ธ
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