Without the process, the profits will elude you..
Your process is everything and it can’t be rushed otherwise the profits will not come. The fact of the matter is, patience should be added to the title as well.
Think about it, to get great at anything, you must go through a process to get to that level.
There’s no short cuts to being great at something and it requires a level of patience and determination to reach greatness.
When it comes to trading, the PnL on your screen can be one of your worst enemies. Why?
Because it adds a layer of emotions to an already psychological profession. By leaving your PnL displayed on your screens, it’s only human nature to look at it.
Once you’re in a trade, you will find yourself checking it rather than focusing on the charts.
In fact, you shouldn’t look at it at all because all it will do is influence your trading decision.
If the trade is working for you, looking at your PnL may cause you to take profits much too soon, rather than allow the position to unfold as planned and reach your planned target.
If the trade is working against you, looking at your PnL may cause you to let it go against you “just a little more” instead of sticking with your planned stop loss.
Point is, if your platform allows to minimize the PnL screen, do it.
Avoid complacency at all costs during the process, as all it will do is prolong your desired outcome.
Profits will come, but they take time; like anything worthwhile in life.
Trust the process, be patient and the profits will come.
