Kardec TraderFutures Trader. Creator of The Midas Touch. Mentor

Count your successes in 10 year periods!

26 Mar 2024 · 1 min

Watch on YouTube

0:38

A short YouTube monologue (uploaded by Kardec Trader on March 26, 2024) in which the speaker reflects on trading performance and mindset. The speaker notes they had success in 2019 but only began to feel consistently confident around 2022 after recognizing they had been profitable for seven years; they emphasize that short-term losses (days/weeks/months) do not determine year-end outcomes.

Questions this video answers

Seven years.

Around 2022.

Chapters

Even though I've had success in 2019, I didn't feel that confident or comfortability within myself until maybe 2022. What changed in that? I think for me one thing that changed is when I went back and I paused and I looked at every year I'm like well I've been profitable for seven years. Okay, I'll have a bad month. I know I'm going to have a bad month. I'll have a bad quarter. I have proven time over time that I do come out winning at the end of the year for myself, not for you. So I think that gives you a level of comfortability. Like for example if I go and I trade live tomorrow and I trade terribly for two weeks, okay. In the back of my head I'm like okay, well this two week doesn't determine my whole year. Yes, yes. And I've done it for X amount of years in the past year.