We do our home-work.
We know our risk-profile.
Our systems are in place.
We know the exact market-segments we are tapping into, and those we are leaving alone.
Our fund-allocation profile is at the back of our palms. We know where what is, and when. We know how to move it.
In our identified segment of activity, we have a feel for the underlying. We can sense it. We don’t need to preempt the underlying, but we can if we want to.
We are not afraid of small loss. It can happen again, and again, and again, as far as we are concerned.
We use stops. Definition of risk is our abc.
We try not to follow news. It gives us a bias. We trade the setup we are observing on the chart of the underlying. Everything else is “egal”, as they say in German, as far as the trade is concerned. We are not going to be biased while trading. We are going to take the setup, in whichever direction it presents itself.
We are nice to our families. We gel with them, and have enough time for them. We are happy in their company. They are not a distraction to our work, but a welcome change. We’ve got a substantial-sized emergency fund going for them, which more than takes care of their needs. This fund generates regular incomes for our families, and we don’t touch the emergency fund, come what may. We might keep adding to it, though.
We take high risks with a very small size of our networths, everyday. Our risks are calculated, and can generate high returns. They can also result in total losses. We practise sound money-management, and put ourselves in line for big profits, again, and again and again.
Yeah, we like to move it move it …
… from one trade setup to another, to another, to yet another, an so on and so forth.