More worries, part 1

I recently searched Google for the topic of “worry + traders” and got 441,000 articles! If you’re a trader or even if you just dabble in the financial markets, you worry. Indeed, I searched the Traderdaily.com website and got 50 articles that mentions “worry” including one I myself wrote, entitled "Worried?"

The word "Worry", in literature about psychology, has two usages. In one, it refers to self-talk that distracts you from focusing on the matter you want to focus upon in the moment. In a second usage, it refers to a feeling of concern.

This week’s series of blog articles will be about the first usage of the word “worry”, namely the self-talk that distracts you from focusing on the matter you want to focus upon in the moment. For traders, the “matter you want to focus upon in the moment” for successful trading is the task of following your own Trading Plan including your rules for entry, exits, and money management.

...cont'd tomorrow...

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