Trading Beliefs

 There was an interesting discussion in a meeting today that I wanted to talk about a little. The question posed was - What are your Market beliefs? The idea is that your answer creates some kind of foundation for your trading. I think that through several of my blog posts there is a kind of answer to this question but I want to try to answer it again a little right now. I think that my beliefs will fall in line with many traders.  It is my belief that the overall market will provide ample opportunities for me to find and execute "winning" trades on a daily basis and that by understanding and aligning with market sentiment or rather the psychology of the participants in the markets I can have and take advantage of the "money lying in the corner" in so much that I can provide for my family and build wealth in a way that not many other jobs provide and still have the time and energy to be present for my family (aka have good home life too). I also believe that the market provides the training grounds be become a better person and provides the opportunities to develop, practice, and master many qualities/characteristics that are important in life and that are necessary to continue to work in the market. Qualities and characteristics such as humility or the loss of ego, teachability - the constant desire and willingness to learn and improve, adaptability, preparation, critical thinking, quick thinking and action, patience, mental flexibility and emotional stability, importance of others (friends/groups) for communication - we are not in a bubble, and many many other things (I'm just tired of thinking right now lol). The point is, that there are many things that we can learn, but it is up to us to use all of the lessons we learn and to turn around and make ourselves better. This should hypothetically equate to eventual financial stability in working with the markets. And I believe it is all possible - That what I learn and what I look for, setups and trades, will appear for me and will unfold in the manner that is most probably most of the time and when it doesn't I know what to do (get stopped out or flip).  Anyway. Maybe it's something to think about for yourself. What are your trading beliefs or your beliefs about the market? Cheers!

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