False Frustration as a Day Trader

Being a day trader can be a wonderful way of making money online; however, it also can come with a roller coaster of emotions. In fact, the emotional element of day trading is what makes the skill the hardest to master and be consistent at. Don’t get me wrong, you need to be able to analyze technical charts and structure valid trade plans, but these can quickly fall apart when the emotional feelings show up! Given we are humans emotions will always be involved in our day trading (or swing trading), so the focus needs to be shifted to understanding our emotions as best as possible. One common emotion we all face is frustration. In many situations, the frustration is valid and deserved because we know we’ve done something wrong/stupid as a trader. On the other hand, there are certain situations that produce a false sense of frustration leading to beating yourself up when there’s no need to. What would be an example of a situation that leads to producing false frustration? Let me show you a real life trade I made (all caught on video, live) which illustrates just how sneaky the emotion of (false) frustration can arise. After watching this video you’ll be able to identify those false frustration moments much easier within your trading and have a much better chance of continuing to succeed! Let’s get to it!