The Ideal Trader I've Been Aiming For 🧵
The characteristics of the ideal trader I've been aiming for over the years, and how to get there?
↓Thread 1/6
The characteristics of the ideal trader I've been aiming for over the years, and how to get there?
↓Thread 1/6
2/6
Many people have a misconceived image of an excellent trader.
Some think it's someone who trades intensely in front of a computer, sometimes angry, sometimes elated, winning these fierce battles.
However, the truly excellent trader I've been aspiring to be for many years is not like this.
This is because excellent traders fully understand probabilistic thinking, embodying it beyond mere knowledge. They don't shout with joy over single wins or losses, as they're not playing a game where individual trades determine a trader's success.
Many people have a misconceived image of an excellent trader.
Some think it's someone who trades intensely in front of a computer, sometimes angry, sometimes elated, winning these fierce battles.
However, the truly excellent trader I've been aspiring to be for many years is not like this.
This is because excellent traders fully understand probabilistic thinking, embodying it beyond mere knowledge. They don't shout with joy over single wins or losses, as they're not playing a game where individual trades determine a trader's success.
3/6
In probabilistic thinking, the trader's role is to be a reliable system executor, hence the need for discipline and consistency.
The trading journey is about gaining consistency, which encompasses all the skills necessary for trading.
Conversely, true consistency is the embodiment of all the understanding and skills needed as a trader.
A trader who has achieved true consistency has internalized the understanding necessary for trading, probabilistic thinking, system understanding and trust, and the scope of a trader's responsibilities. This deep understanding resolves all emotional issues in trading.
The ideal trader is one who has this true consistency.
They have several characteristics.
In probabilistic thinking, the trader's role is to be a reliable system executor, hence the need for discipline and consistency.
The trading journey is about gaining consistency, which encompasses all the skills necessary for trading.
Conversely, true consistency is the embodiment of all the understanding and skills needed as a trader.
A trader who has achieved true consistency has internalized the understanding necessary for trading, probabilistic thinking, system understanding and trust, and the scope of a trader's responsibilities. This deep understanding resolves all emotional issues in trading.
The ideal trader is one who has this true consistency.
They have several characteristics.
4/6
Ideal traders who have achieved true consistency:
・Don't fear the trade in front of them.
・Don't get emotional over results.
・Don't constantly stare at their P&L during trades.
・Perform only the necessary processes, then leave the chart and forget about the trade.
・Aren't attached to previous results, so they don't affect or carry over to the next trade.
・Don't care how much they've earned after a trade.
・Don't care how much they've lost either.
・Don't worry about how much they've earned in a week.
・Don't count losing streaks.
・Even if they've lost 10 trades in a row, they follow the rules for the next trade without thinking.
・Have eliminated everything except the necessary processes and feel nothing special about them as they're not particularly attached.
This state embodies probabilistic thinking and represents the ideal trader.
Ideal traders who have achieved true consistency:
・Don't fear the trade in front of them.
・Don't get emotional over results.
・Don't constantly stare at their P&L during trades.
・Perform only the necessary processes, then leave the chart and forget about the trade.
・Aren't attached to previous results, so they don't affect or carry over to the next trade.
・Don't care how much they've earned after a trade.
・Don't care how much they've lost either.
・Don't worry about how much they've earned in a week.
・Don't count losing streaks.
・Even if they've lost 10 trades in a row, they follow the rules for the next trade without thinking.
・Have eliminated everything except the necessary processes and feel nothing special about them as they're not particularly attached.
This state embodies probabilistic thinking and represents the ideal trader.
5/6
I've been aiming for this state for many years.
Currently, I'm in exactly this state, having lost all interest and concern about trading.
This might seem like a bad thing, but I haven't become lazy.
I've completely eliminated everything except the necessary processes for my trades, removing unnecessary excitement, desire, and expectations.
This has made trading very simple.
When I receive a trade settlement notification on my smartphone, I simply consider that trade finished.
I don't bother checking how much I've won or lost in that trade, so I don't know the exact amount.
As a result, it doesn't affect my next trade, and I don't suffer from overthinking or agonizing over the details.
I simply can't think about it because I don't know.
I'm not interested in losing streaks, and I'm only surprised when I look at the data later and realize, "Oh, I was in a drawdown then."
I can reach this state because I've thoroughly tested and practiced my system and completely trust it. I deeply understand (and accept) that I can't control the results, and I know that probability works very slowly and no judgment can be made until a large sample size is collected.
This deep understanding makes it impossible to be interested in individual results.
I've been aiming for this state for many years.
Currently, I'm in exactly this state, having lost all interest and concern about trading.
This might seem like a bad thing, but I haven't become lazy.
I've completely eliminated everything except the necessary processes for my trades, removing unnecessary excitement, desire, and expectations.
This has made trading very simple.
When I receive a trade settlement notification on my smartphone, I simply consider that trade finished.
I don't bother checking how much I've won or lost in that trade, so I don't know the exact amount.
As a result, it doesn't affect my next trade, and I don't suffer from overthinking or agonizing over the details.
I simply can't think about it because I don't know.
I'm not interested in losing streaks, and I'm only surprised when I look at the data later and realize, "Oh, I was in a drawdown then."
I can reach this state because I've thoroughly tested and practiced my system and completely trust it. I deeply understand (and accept) that I can't control the results, and I know that probability works very slowly and no judgment can be made until a large sample size is collected.
This deep understanding makes it impossible to be interested in individual results.
6/6
What makes trading difficult is ourselves.
Once you acquire true consistency, everything except the process is eliminated, and all that remains is waiting, confirming, and clicking.
That's all there is to trading, repeated for years.
It's not exciting, but you don't need that as a process executor.
What you need is a system with an edge and consistency.
Results no longer torment or worry you.
In this thread, I've introduced the trader profile I've personally been aiming for over many years. I hope it will be helpful for those who are considering trading with a probabilistic mindset.
I explain these concepts in detail in my book, so if you haven't read it yet, please do.
Link to my book ↓
a.co/d/3i4MC0H
If you enjoyed this thread, please support by giving it a repost 🔁
Your support is what motivates me to post every day.
Thank you😊
What makes trading difficult is ourselves.
Once you acquire true consistency, everything except the process is eliminated, and all that remains is waiting, confirming, and clicking.
That's all there is to trading, repeated for years.
It's not exciting, but you don't need that as a process executor.
What you need is a system with an edge and consistency.
Results no longer torment or worry you.
In this thread, I've introduced the trader profile I've personally been aiming for over many years. I hope it will be helpful for those who are considering trading with a probabilistic mindset.
I explain these concepts in detail in my book, so if you haven't read it yet, please do.
Link to my book ↓
a.co/d/3i4MC0H
If you enjoyed this thread, please support by giving it a repost 🔁
Your support is what motivates me to post every day.
Thank you😊
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