Yesterday LB and I caught up with Mark B one of our original Mentor Program graduates for lunch. As one might expect the conversation turned to trading and Mark made the excellent point that trading is about managing being uncomfortable. This discomfort can come at any time in the trading process and the trader has to work out where in the trading process they are most able to manage their discomfort. What is interesting is that traders actually seek to manage their comfort which inevitably means they do nothing yet paradoxically they encounter discomfort when they realise they have missed out.
Irrespective of your approach trading involves discomfort at some point in the trading process.
