5 SIGNS YOU SHOULD QUIT & 5 SIGNS YOU SHOULDNT
I received an email that this video helped a trader decide to stick it out a few more months. That trader finally had his breakout and is so thankful he didn’t quit right before it clicked.
15 years ago I was in his same position, but I had a podmate that convinced me to stick it out another 6 months and doing so was the best decision of my life.
Here are the signs to help you find the decision right for you:
5 signs you should consider quitting trading
* Trading is seriously damaging your mental health or your relationships.
* You want professional results but aren’t dedicating the time or building a structured process to improve.
* You repeatedly break basic risk-management and trading rules without making tangible progress on your discipline.
* You’ve lost your passion for the work and desire to improve for a sustained period.
* You realize you wanted the money and lifestyle you were sold more than the actual work of trading.
5 signs you should keep persevering
* You can identify tangible improvements in your discipline, execution, or emotional control, even before they show up in P&L.
* Trading concepts are starting to click, even if you still need more practice to execute them in real time.
* You enjoy the challenge, and pursuing trading is helping you build better habits and become a better person.
* Setbacks motivate you to review what happened and take concrete steps to prevent the same mistakes.
* You have a defined improvement process and consistently turn feedback into changes quickly.