The essence of trading psychology in one skill Quotes

“Money is just something you need in case you do not die tomorrow. Let this is a reminder for you not to obsess over profits and losses. In whatever you do, strive for enjoyment, focus, contentment, humility, openness... Paradoxically (and as an unintended consequence) your trading performance will improve significantly.”
― Yvan Byeajee, The essence of trading psychology in one skill

“Confidence is not "I will profit on this trade." Confidence is "I will be fine if I don't profit from this trade.”
― Yvan Byeajee, The essence of trading psychology in one skill

“In order to succeed, you first have to be willing to experience failure.”
― Yvan Byeajee, The essence of trading psychology in one skill

“Fear, inherently, is not meant to limit you. Fear is the brain’s way of saying that there is something important for you to overcome.”
― Yvan Byeajee, The essence of trading psychology in one skill

“The process by which one accumulates money is so simple, yet so hard to implement for most.”
― Yvan Byeajee, The essence of trading psychology in one skill

“You become fearful the moment you identify with fear. But once you begin seeing it as an impersonal changing phenomenon, you become free.”
― Yvan Byeajee, The essence of trading psychology in one skill

“There are no guarantees in trading. The sooner you accept that you sooner you can release your expectations and focus unconditionally on a proven process.”
― Yvan Byeajee, The essence of trading psychology in one skill

“Money matters, but not as much as you probably think.”
― Yvan Byeajee, The essence of trading psychology in one skill

“Genuine acceptance that there will be losses on your way to market success will greatly decrease the hurt when they eventually come.”
― yvan Byeajee, The essence of trading psychology in one skill

“Ultimately, consistent profitability comes down to choosing between the discomforts you feel when you follow your plan and the urge to let yourself be captures ( and ruled) by your emotions.”
― Yvan Byeajee, The essence of trading psychology in one skill

“You have power over how you'll respond to uncertainty.”
― Yvan Byeajee, The essence of trading psychology in one skill

“Win, loss whatever emerges in the short-term, place and manage your next trades untouched, unattached... always keeping your eyes on the long-term picture.”
― Yvan Byeajee, The essence of trading psychology in one skill

“Freedom from blind reactivity begins with self-awareness.”
― Yvan Byeajee, The essence of trading psychology in one skill

“You will never find fulfillment trading the markets if you don't learn to appreciate and be satisfied with what you already have.”
― Yvan Byeajee, The essence of trading psychology in one skill

“In all likelihood, James will want to respond to his losses with another *revenge* trade – just to feel right again, and whole. But responding this way, especially through the lens of anger, won’t help. If he can let go of the anger or frustration response (which naturally comes up), he can respond calmly and constructively. But, how can he reliably do that when he doesn’t even know what awareness means?”
― Yvan Byeajee, The essence of trading psychology in one skill

“Unfortunately, we’re so used to this passing of days that we don’t really see it as an opportunity. For us, one day leads to the other, and the other, and the other. It seems like a never ending cycle so our mind automatically thinks that it has time to do those things later.   But”
― Yvan Byeajee, The essence of trading psychology in one skill

“intelligence is the ability to observe yourself without judging yourself. In essence, this is mindfulness.”   Mindfulness”
― Yvan Byeajee, The essence of trading psychology in one skill