Trading Out Of A Slump by Adrienne Laris Toghraie
Anyone who's traded a while can tell you that finding yourself in a slump from time to time is inevitable. But a slump shouldn't be a crippling hurdle; here, Toghraie explains how to climb out of that pit of trading despair and be on your way in the market again.
What do you do when you find yourself in a bad trading spell? Suppose you've had 10 losses in a row, your livelihood is threatened and the world is caving in on you. Suppose you find yourself at a loss and you have no idea what to do next. Suppose someone told you the way to pull yourself out of the slump was to celebrate?
That's right. Celebrate!
Crazy? Maybe. But do you have a better answer? Should you worry yourself sick and add to the problem instead of solving it? Worry and its natural consequence, dis-ease, are the most common responses to being in a slump. By dis-ease, I mean a breakdown of one or all three of our mental, physical and spiritual beings.