We as simple traders that have small to micro accounts for trading are making our way to financial wealth. Will find ourselves getting caught up in the hype of what is possibly going to happen with the ticker that we are in at the time. We see the ticker at a low with rumors that it will go up on news of massive proportion. You see it every day that it’s coming and the anticipation of you position increasing. I even dare to say, you are dreaming of hitting the big one. That once in a lifetime. Life changing position.

As the days go by, you’re so ready for this to take off and run. That you notice other plays taking off and you say to yourself that, the one I am in will hit bigger. This is where you are finding yourself trying to justify your reason of staying that position and not wanting to let go. Because you have now convinced yourself that the moment you let it go to jump on a ticker that (actually) has movement. It will start moving up and you will miss out on the dream move you have been waiting on. The truth is, it can happen but unlikely. The reason this happens is because you are reading the boards and you allowed the people on these boards to get in your head and now it is causing you to miss plays and hold on to a dream rather work to make it to your goal of financial wealth. You have been sidetracked and derailed.

The only way you can avoid this from happening is to first recognize that it has happened and then figure out where it started. You get that, I can assure you that you will be fine from here on in. The rules of trading are a must have and can not be broken for any reason. I understand the saying, every rule has an exception. However, in this case and profession it is not true. Stick to the rules that has been laid out. Do not rely on dumb luck and then convince yourself it was skill. Ignore the hype and focus on two things. Price action and VOLUME. These will get you making those single wins that will go up as time goes by. MY personal goal is and has always been simple. My goal is to make a week, what I do currently at my job. Some weeks I hit my goal. Other weeks I will miss it. I will study and figure out where I went wrong and why I missed my goal. I will also try to mimic what I did to obtain my goal. I hope this will help you get to where you want to be in your journey.