🌟🌟🌟There are a lot of similarities between trading stocks and running a marathon. Both require planning and analysis, flawless execution and the ability to make adjustments quickly.
After a successful marathon, I take time to reflect what went well. Perhaps my consistent daily run of 1 hour a day pays off. After a successful trade I go through the same analysis. I look at the market and the decisions I made that day to achieve those results. The same applies to bad races and bad trades. There is actually a lot to learn from my mistakes than from my successes.
I set my goals and know my appetite for risks. I am constantly learning and improving my skills for both trading and running marathons. I learn not to be guided by fear and greed but to be more calm and analytical.
The clearest parallel between trading and running marathons is the battle between body and mind. Ultimately a strong discipline and commitment are required to be successful.
Comments