I’m not sure how to explain it, but when you’ve been doing something for such a long time, it’s almost as though you forget things that you know. I’ve been trading in the markets since 2006 so needless to say, I’ve seen quite a bit and have had plenty of “ups” and “downs”. Just this past week I found myself in an unexpected set of circumstances that ultimately could not have been more beneficial for myself. Not only did it help with my actual trading results, but it brought back to my attention a vital skill that we all as traders need to remember to implement into our trading. There is no doubt about it that much of trading is all about your personal needs and risk tolerance levels; however, it is also a fact that there are general rules that apply to 99% of people. The craziest part about all of this is it is something I know I’ve talked about dozens and dozens of times on this very podcast. I’ve lectured other people on the powers of this skill, yet, somehow I had forgotten about it in the deep down places of my mind. I’m thankful that I was able to go through the experience I did as I truly received a great reminder and I want to share it with you so you can, hopefully, benefit as much as I did.
