THE ANATOMY OF SUCCESS

The anatomy of success is a collection of principles which I had to learn and assimilate before my trading journey began to move in a consistently positive direction. Until then I was simply wandering through the trading terrain putting all my emotion and energy into individual trades and bemoaning the yoyo cycle I was experiencing.

However when I started to come to terms with the reality that there is a science behind successful trading, this was when things started falling into place for me. But even then understanding the theory wasn't enough. There are a lot of people who know the theory and the principles and can even lecture about them or provide advice in online discussion boards yet still don't make money trading.

There was a massive amount of will and refusal to fail that was needed for me to convert the head knowledge into a profit making strategy in a real live environment. Part of this process for me was accepting that to be successful in trading I had to have a counter-intuitive approach. I had focused a lot of effort on seeking high win rate strategies because of the comfort of being right many times in my trading yet even with a 70-80% strategy you could still have a 5-6 run losing streak.

It was only when I I completely reverse engineered my whole understanding about probability, certainty, risk and positive expectancy that things began to click. I realized it wasn't about being right as many times as you can but more about what in the long term was going to bring about the most potent, profit yielding returns. This required a huge change in my psychology.

If you are someone who is new to trading or struggling to attain a level of positive consistency then maybe these concepts will provide some level of clarity and help you to lessen the time needed to reach a level of sustained profitability.


WHAT TRADER ARE YOU

PROBABILITY IS KEY

RISK REWARD & EDGE

OCCURRENCES AND STREAKS

ACCOUNT MANAGEMENT

DISCIPLINE AND PSYCHOLOGY

 


The key to success in trading is the ability to accept losing a battle whilst knowing you are winning the war

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