Trading Is A Grind
779 views · Published 17 February 2013 · 16:43 · Indexed 2 October 2026
Channel: Akil Stokes - Trading Coach · 2013 · Education
Not a bad week in the Live Room. With that being said we're still in a consolidation period as far as our equity curve goes. I'll talk more about that towards the end of the video, but I would say that times like these are probably the most trying times for newer traders. This is because it can be very frustrating to continuously win, then, lose, then win, then lose, then win only to come out just around the breakeven point. Situations like this baits, or tempts traders into making mistakes like taking targets off early, jumping in a trade premature, or even passing on a valid signal because the last trade didn't go their way. As always there's a simply way to fight off these frustrations. Don't think about the money. Instead of judging your success by how much money win or lose, judge yourself based off of how well you've followed your rules. If you do so, the money will come, you just have to trust your system/strategy. Just like the market, your equity curve won't go straight up day to day, week to week, or even month to month. Instead a realistic equity curve will look more like a trending market. Meaning it will shoot up and retrace some before (hopefully) creating higher highs. Also, just like a trend you'll often see periods of consolidation and sideways movement. I like to call this period the grind, and the only way to overcome it is to stick to your guns and trade through it. Enjoy this week's video: Akil L. Stokes Professional Trader/Educator Trade Empowered: Live Your Passion [email protected]
