A short monologue by Kardec Trader arguing that traders do not need to take a trade or make money every day. The speaker describes personal experience of alternating profitable, losing, and non-trading days, and emphasizes that markets do not present opportunities daily; successful trading requires patience, acceptance of risk, and selective entry.
Chapters
You don't have to make money every day. You don't even have to take a trade every day. And you don't even have to be profitable every day. So last quarter, I haven't traded every day. I haven't made money every day. There's some days I've been read two, three days back to back, and there's days where I have showed up and I haven't even made a single trade or single dollar. And that comes to understanding that the market is not always going to present opportunities, especially depending on how you trade. The way I trade and the way I look for things, the market isn't presenting me opportunities every day. And I'm aware of that. Because I'm aware of that. I know when I show up days, I may have red days, I may have days where I'm showing off and I'm spending three, four hours in front of my computer screen and I'm getting absolutely nothing, meaning I'm not making a dollar. I'm not even taking on a trade. That is the game of trading, guys. The game of trading is a game where we will show up some days and we won't make money. We will show up some days and we won't even, like, forget making money. We'll lose money some days because that's the risk element of us taking opportunities that the market is presenting or we think we're presenting, and we take risks accordingly.