Trading Truths

When I talk about logical truths, I’m referring to ways of thinking about trading that are rarely discussed openly, yet are clearly understood by those who are consistently successful.

If you’re new to trading, it’s natural to have big dreams, imagining the wealth you’ll build, the freedom from a 9–5, and a life where you answer to no one. You might picture yourself traveling, trading from anywhere, and living on your own terms.

But those who are truly profitable know a different side of the story. They understand the level of discipline, the countless hours of work, and the sleepless nights required to reach that point. Success in trading isn’t built on dreams alone, it’s built on sustained effort and reality.

Truth #1: Trading Is Nothing Like You Expect

I want to start with this because it’s one of the most eye-opening realities you’ll face when you begin this journey. If you’re lucky, you’ll understand it early—before it costs you a significant amount of money.

The truth is, trading is not for the faint-hearted. It demands long hours of studying, learning, and spending time alone behind a screen. It’s a craft that requires genuine passion and deep commitment to master.

And here’s the part most people don’t expect—once you start becoming profitable, it can actually feel… boring.

Yes, it sounds like the perfect lifestyle: the freedom to work from anywhere, flexible hours, and access to the market almost 24/5. But in reality, succeeding in trading requires a certain mindset, discipline, and personality that not everyone is built for.

Bottom line: If you are not ready to work harder then you ever have right now. Then stop trading cause all you will do is lose all your money. Go buy a motorcycle it is way more fun. This life is not for you. Trust me.

Truth #2

“Get your mind right” I firmly believe that trading is 80% psychological and 20% technical. The mental side of trading is hard. Learning to read a chart is easy. I don’t care how strong you think you are mentally; trading will challenge every ounce of will power and confidence you have. Trading will make you feel on top of the world one moment and ready to shoot yourself the next.

You must have full control of your emotions. You must have the ability to let losses happen and not ever think twice about it. Even if you have 10 losses in a row. The second you start worrying about your wins and losses the market has won and has you in her trap.

There are very few people that have this ability naturally. But most of us cannot do this without some sort of training. I say training cause just like the technical side of trading, the mental side must be developed. I would recommend meditation. Meditation will help teach you how to stay in control of the moment. Meditation is hard. Try sitting sometime for a minute and try not to have a thought enter your mind. If you have not trained in this, I bet you cannot go a minute. Meditation gives you a mechanism to over come bad thoughts like FOMO, losses, wins in a row, etc. It helps you purge your mind so you can focus on the task at hand.

I used to think you had to be like a machine. Trade without emotion! This is not possible. Everyone has these emotions. You cannot stop it. But you can control how it affects you. That is where meditation comes in. It gives you one of the best tools in your toolbox. The ability to have, accept and control your emotions. I have studied allot of successful businesspeople, athletes and traders. One thing they all have in common, they use their minds differently then most people. From Jack Nicklaus visualizing his next golf shot to me setting at my desk. A strong mind is a must.

You might not be into meditation or even have thought about it. But it does help with the psychological side tremendously. You will soon be searching for ways to combat the mental barriers that will show up for you. So you might as well get working on that along with your technical training now.