Survival Challenge +++ Mental Requirements

Dear traders,

I hope you all have had peaceful and contemplative Christmas.

I want to come back to our metaphor "Survival Challenge". Why?

Because I am convinced, that it supports us in trading very effectively every day. Exactly it concerns point 9 from our "Basics New Trading" Part 01: 

Mental requirements. 

Nothing is more helpful for the psyche to focus on one's goal  without interference from outside influences by anything or everyone except the circumstances at the scene.

And the scene of the challenge is the jungle with all its dangers. In trading, it is the market with its risks, but even more so with its opportunities.

We want to approach the new year with this mental mindset.

Gideon Pfeil