Friday 02nd August: Achieving Success in Trading: My Week of Breakthroughs

Published on 3 August 2024 at 17:25

This week marked a significant breakthrough in my trading journey, characterized by notable success with just two trades executed. By strictly adhering to my strategy, I achieved profitability and successfully passed the first phase of the $100K Bootcamp program. One critical lesson I learned is the necessity of having an unwavering belief in your trading strategy and trusting fully in the process. My performance last week was weaker due to a lack of this belief, but I turned it around by maintaining a strong commitment to my strategy. This steadfastness helped me resist self-sabotage, particularly during a challenging oil trade.

Despite facing some psychological challenges, I managed to overcome them, resulting in a heightened sense of confidence and certainty in my trading abilities.

Trading often involves overcoming psychological barriers that can hinder success. This week, I encountered such hurdles but managed to smooth them out. This experience reinforced the importance of mental resilience and maintaining a clear, focused mind. Incorporating meditation techniques, such as breathing exercises and clearing the mind, proved to be immensely beneficial. These practices helped me stay on the right track and maintain a sharp focus on my trading goals. The clarity and calmness gained through meditation played a crucial role in my successful trades this week. As I continue my trading journey, I am more confident and better equipped to handle challenges, ensuring ongoing progress and success.

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