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Taking Responsibility
Why Most Traders Do Not Take Responsibility
2 things i want to say before diving in this topic:
This newsletter post was inspired by the book, Trading In The Zone by Mark Douglas
Reply to this email so im always in your inbox and not your promotions tab!
With this out of the way, lets get started!
The Weight of Responsibility
Responsibility is indeed a weight many try to avoid. A pilot's greatest nightmare is a plane crash with 200 souls aboard—an overwhelming burden of responsibility.
While most of us aren't pilots, this principle still applies in various contexts, including trading. When we first enter the markets, many of us ask:
"When should I buy?" "When should I sell?" "What should I buy?" "Will this pump?"
If you never asked these questions, congratulations. But for those who did (myself included), we ask because we're trying to shift the responsibility of research and decision making. When a trade fails, we can blame the other person rather than ourselves, even though we were the ones who ultimately clicked "confirm."
Even when following someone else's advice leads to profit, you've still lost something valuable: independence.
This creates a dangerous dynamic where you develop a false sense of confidence without truly understanding the market.
When you start with winning trades, you can develop a carefree mindset that feels like the byproduct of a winning attitude, without actually developing that attitude through experience and understanding.
A few easy wins can put you in a relaxed state of mind that's essential for trading success, but if it's not founded on proper knowledge and attitudes, you're setting yourself up for both emotional and financial disaster.
Successful traders develop what many call "the zone"
A state of focused performance you might have heard about in sports. These winning traders rely on themselves, developing the skills needed to enter this optimal state.
Everyone's "zone" is different; my trading zone isn't like yours. We each have unique attributes that influence how we react to market conditions.
The key is finding your personal zone.
Understand what conditions help you trade effectively: what time of day works best, what tools you use, your emotional state, and other personal metrics.
These factors are crucial for developing your own sustainable approach to the markets.
Find your zone.
Meme of the day

we all had those days hahhahahha
Thanks for reading,
Ahmed.