“Discretion, that is, trading based on subjective judgment, is called the 'greatest mental sport'” (from The Zone: Final Chapter)

“If there is a profitable method, you can earn a lot of money.” That was my simple thought when I first started FX. I studied various indicators. I think I poured a lot of passion and energy into it.

Fully prepared, here I go trading! I’m not good at all... Can’t win...

I break the rules, make meaningless trades, can’t cut losses, take profits too early—truly a slave to my emotions. Like an animal (laugh).

Now I think I’ve become a little better. The goal is still far away though...

Because it’s the “greatest mental sport,” it’s natural.

In the “Final Chapter of the Zone,” it was written, “When you keep a diary of your thoughts, the relationship between your mental state and the quality of the decisions you made becomes concrete.” Does a troubled mind also disturb trading? It’s something I feel empirically for sure.

Maybe I’ll start keeping a trading diary. Something might become clearer.

See you next time.