Successful futures traders have a positive mental attitude, and maintain that positive attitude every single day they trade. It takes confidence in your abilities, confidence in your decisions, confidence in your charts and confidence in your system to succeed as a futures trader. Confidence hinges on your mental attitude. If you think you can do it, you will.
If you let negative thoughts creep into your thinking patterns, you start to second guess your abilities, your decisions and your system. Pretty soon, you’re making bad trades, you can’t pull the trigger and things start crumbling around you. Without a positive attitude you cannot succeed as a futures trader. You will crash and burn before you complete the first lap.
Successful futures traders succeed because they have a positive mental attitude and believe in themselves and their system. It’s not the other way around. We’re not happy because we succeed. We succeed because we’re happy. A positive attitude gets positive results.
Why is having a positive mental attitude so essential for futures traders?
- You focus on making profitable trades. Even if you have a losing streak, positive focus will allow you to turn things around and snap back into the profit zone.
- You focus on profit-making goals. A positive focus will give you the strength and courage to persevere if the going gets tough.
Success as a futures trader is 90% attitude. Develop a positive mental attitude and your success will increase as your skills grow.
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