Have you seen the movie “Kung Fu Panda”? I know it is a cartoon. However, there are lessons that can be learned which apply to trading.
One of the things that happened was that Panda needed to be trained by Master Shifu to defeat a feared warrior. However, Master Shifu was puzzled by Panda. He did not know how to motivate him. He had used all the techniques that he knew which had motivated his previous students. None of them had worked on the Panda.
Finally, he came to understand what kind of leverage he could use on Panda to motivate him and was able to make him a fierce warrior.
What is the lesson? One size does not fit all!!!
If you are following a methodology and it does not work for you, it might not be the right strategy for you.
Find methods and strategies that suit your personality.
Here is to making success your habit….
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Tags: Market Psychology, Mental Edge, Money Management, Nazy Massoud, Personal Risk, Psychology, Risk, Trading Emotions, Trading Success