• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
Locke In Your Success

Locke In Your Success

Learn how to create income from options trading

  • Home
    • About
    • Testimonials
    • Our Team
      • Sherri Locke
      • Stephen Hammit
      • John Locke
    • Contact
    • Privacy Policy
  • Coaching
    • Fundamentals In Trading Library
    • Options Trading for Income Weekly Webinar
    • GO Ask A Trader Sessions
    • Trading With The Pros
    • Trading Performance Sessions
    • Market Outlook Weekly Webinars
    • Personal Coaching Sessions
  • Become A Member
    • GO Membership
    • PRO Membership
    • Trading Performance Membership
    • Market Outlook Membership
    • Basic Membership
    • Membership Level Comparison
    • Trade Alert Services
  • Trading Courses
    • Options Trading Strategies
      • The Bull
      • Quick & Dirty Broken Wing Butterfly
      • The Super Bull
      • The Bear
      • Unbalanced Butterfly 1 and 2
      • M3.4u
      • V32
      • X4 System
      • Bearish Butterfly
      • M3
      • The ROCK
      • M21 System
    • Trading Performance Courses
      • Advanced Personal and Position Management
      • Broken Wing Butterfly Master Course
      • The Trading Triangle
      • Trader Transformation Workshop
      • Ultimate Income Trader Workshop
      • How To Best Utilize Calendar Spreads
    • Enriching Sessions
      • Performance Parking Portfolio
      • Boost Trading Results Through Proper Back Testing
      • Managing Risk When Entering, Exiting, or Rolling Positions
      • Far Out M3
      • How To Build Winning Trade Plans
      • Reading Your T+0 Line
      • Trading Lab – Design a Trade
      • Trading Lab – M3LT
      • ROCK’in 2018
      • Trading Lab – Roll Baby Roll Index
  • FREE Resources
    • Free Options Trading Consultation
    • Options Trading FAQ
    • Trading Performance Podcast
    • The Winning Trade
    • Successful Trader Presentations
    • TRADING SUCCESS BLUEPRINT
    • FREE Basic Membership
    • Calendar
    • Recommended Reading List
    • Brokerage Firm Selection Process
    • Fundamentals In Trading Definitions
    • Trader Inspiration
    • Financial Freedom Classroom
  • Blog
  • Log In

If Trading Stresses You Out, Change Your Perception

May 1, 2014 by John Locke Leave a Comment

I see it all the time, income traders battling a trade at any cost. Sitting there hour after hour, day after day completely stressed out; using too many resources and taking on way too much risk just so they can win. It’s as if their life depends on winning the trade.

This usually happens because the trader is attaching some sort of meaning to the trade. They’ll think something like “if I lose this trade that means I’m never going to make it as a trader” or “if I lose this trade that means I’m a loser” or “if I lose this trade then I will never be financially free”.

That is an awful lot of pressure to put on yourself, and it’s completely untrue.

If you’re a trader, losing trades is NORMAL. In fact, anyone who is successful at anything loses, and they lose often. It’s just a part of the process and losing trades is something you’ll need to embrace in order to be a successful trader.

Another reason you need to embrace losses is because being stressed out month after month, you’ll make poor decisions, break from your trading plans, jump from one trading system to another and eventually burn out, even if you’re winning. So let’s look at a way to change your perception.

Look at the big picture. Think of trading as a glorious war campaign and each trade as a mere battle toward your ultimate end.

Any great General knows that winning a war means fighting many battles. He knows how to objectively monitor his forces and look at the situation to identify when the risks of losing resources outweigh the benefits of winning the battle. He also is aware that there may be times when the battle is going perfectly fine and there is more opportunity elsewhere. When he identifies these situations, he calmly and purposefully pulls out of, or loses, the battle to conserve his resources his and redirects them to where they will be the most effective. He does this because he knows that this is the way to win wars.

This is how you must think as a trader. When you look at the big picture, you’ll find that everything fits into place. Decisions and choices become easier, losses are more easily coped with, victories don’t go to your head and the process becomes simple.

For more information on changing your perception to improve trading consistency click here to learn about our One on One Coaching and Trading Triangle Programs !

Live with passion!

John Locke

 

Share on Facebook
Facebook
Tweet about this on Twitter
Twitter
Share on LinkedIn
Linkedin
Pin on Pinterest
Pinterest
Email this to someone
email

Filed Under: Trading Psychology Tagged With: $rut, $spx, bearish butterfly, calendar, complex, condor, iron, john locke, Locke In Your Success, m3, Market Commentary, Option Trading Education, options, options education, options trading strategies, psychology, SMB, spreads, technical analysis, trading triangle, training, tribe

Reader Interactions

Leave a Reply Cancel reply

You must be logged in to post a comment.

Primary Sidebar

Recent Posts

  • The Winning Trade Episode 84
  • Stock Market Emotions!
  • The Winning Trade Episode 83
  • Trading Reality Distortion
  • The Winning Trade Episode 82

Categories

Search

Copyright © 2022 · Locke In Your Success, LLC. All rights reserved worldwide · Site Maintained by Nustart Solutions