Stock Trading Is Boring If You Are Trading Stocks The Right Way

Posted on April 18, 2008
Filed Under Trading Tools |


What?

Did you think that trading was exciting? I think you are thinking of gambling where the rush and the action is a big part of the “gaming experience”.

Question…

How many people that gamble are net winners over time? Do you know any?

Trading is a business, period. You are in business to make a profit, not get a cheap thrill. Sure it is fun and stimulating but the actual act of trading is and should be boring.

If you are bored trading that means you are following your trading plan to the letter and executing your trades without your emotions getting in the way. You are on autopilot, a trading machine if you will.

Hopefully you have bought or built trading systems that have an edge in your chosen markets and you know over time you will be profitable by sticking to your plan.

You don’t jump from one idea to the next without thorough research and testing. You don’t follow your hunches and override your system rules “just this once”.

No, you follow your system putting on and taking off trades as required. Boring but profitable :)

If you feel bored trading congratulations, you have mastered your emotions and are trading like a pro.

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