the correct trading mentality is to think of it as a computer game or a poker game. your account PnL is your score. you want to score high, but you also need to be objective and constantly access your opportunity and act quickly, but also objectively and ruthlessly. in other words, you need to wire yourself to behave like a computer and follow pre-determined rules in a pre-defined environment.

the sad thing is when it comes to money, human being is wired to become very emotional. the greed and fear cost most traders the very little edge one has to begin with。

 

If you do the right thing, money will take care of itself overtime. You will not be right every time and you must accept that. In trading we can only control our action, but we cannot control the outcome of our action with certainty. The worst thing that can happen is to do the wrong thing and get lucky and somehow make money. It develops bad habits and slows down the progress of a trade towards treating it as a serious business.

consistency is the key.

most people do not know and do not care what we say anyway.