How would you describe trading?
In the words of motivational guru Tony Robbins, what metaphors you use to describe your Life affects the quality of your perceptions, and ultimately your Life.
So it goes with trading.
Some people say it’s like a dangerous animal, waiting to pounce;
others think of it as rough seas, waiting to be sailed.
I like to think of trading as a walk in a knee-deep wishing well full of coins – be content to consistently pick up coins here and there, and avoid the temptation to go for a chestful of coins, lest you fall and wet yourself. (Or worse, drown in knee-deep water)
These are the words of Kevin Ho, a successful Pit Trader at Singapore Exchange.
He describes his Trading Strategies in the "Scalp Trading Methods" article at the following link
https://www.lbrgroup.com/images/tooI_kelvin1.pdf
Notice how efficiently he controls his risk and does money management and how he has a Positive Mental Attitude towards life.
That habit is the sign of a successful trader, whether he/she is a day trader or a swing trader.
