Chapter 8 – The Three Stages to Becoming a Successful Trader Executing your trades W: “The effects of fear on one’s behavior are obvious, limiting one to the point of complete immobility. If you can’t execute your trades properly, even when you perceive the most perfect opportunity, it is because you have not released yourself from the pain contained in the memories of past trading experiences and because you still don’t trust yourself to act appropriately in any given set of conditions. If you did, there would be no fear or immobility”. A: Mark reminds us fear is one of the biggest mental obstacles we face during each trade and prevents us from executing as planned. At the same time, he reminds the result of past trades have not relevance on the present or future trades. A: Fear is a constant emotional state of mind we need to overcome as traders. Hesitation to execute trades is the result of our fears. We need to be aware of our fears, fight them and conquer them at the execution of each trade. We need to make a conscious effort to execute each trade as planned no matter what. I'm better a my executions, but there is more work to do.

Shift your objective to something more along the lines of learning how to trade and building a process that yields consistent gains. The money will come. For most it takes a couple of years or so; some claim less than a year. Bootcamp will help with the process part and is very much worth it. You still have to figure out how you want to trade. I traded over a year before participating in bootcamp and am glad I waited that long. Takes a while to learn about trading, see numerous patterns/ strategies, etc, get used to DAS and so on. You have to put in the time to see what you can see in the market and get a feel for how it works. No way around it. I recommend getting at least a few months of trading seat time before bootcamp.