Forex

Despite what all the "do it better" gurus are saying, we diminish the present any time we set
goals. In the market, things sometimes work out the way we want them to, but sometimes they
don't. We don't enjoy our preparation for trading the market if we are worried about losing.
We don't enjoy the miracle of our children's growth if we worry about how they will turn out.
We don't enjoy maturing if we are worrying about what malady will take us from this life. We
lose the freedom to soar that comes from enjoying the vast riches that life and the market are
offering us in the here and now. In trading, if you set your heart on a certain trade result, you
enter into a state of rigidity. On the other hand, if you set your heart free, you enter a state of
flow. The question then is: How can you trade without setting goals? The answer is: Set as
many goals as you want. Then do the necessary preparation, and work to bring that goal to
fruition. When you are satisfied that you have done the most appropriate trade for that
moment, LET GO OF THE OUTCOME. Years ago, I traded with a very bright trader who
was decades past the normal retirement age. After observing my trading for a while, he said,
"Bill, if you were a farmer, you would go broke on your first crop." When I asked him why, he
replied, "If you were a farmer and farmed like you trade, you would plant corn and then come
back every day and dig up the seeds to see how they were doing. Once you decide and put on
a trade, let it grow, mature, and ripen. Don't keep digging up the seeds." He was exactly right.
I learned a great deal from that mature trader. One of the most important lessons I can teach
you is how to monitor your trading minute-by-minute in the market. It is really quite simple.
When you look at the current chart and you know your present positions