Losses suck
But they’re apart of life
You can’t have the ups without the downs
So how do you manage to control your emotions on the bad days?
- A Thread -
But they’re apart of life
You can’t have the ups without the downs
So how do you manage to control your emotions on the bad days?
- A Thread -
1.
You’ll notice I’m down $1100 in that picture
In reality I’m down $2100 today (I just used the bigger loss)
It sucks to see red on the screen
But I expect to see it from time to time...
You’ll notice I’m down $1100 in that picture
In reality I’m down $2100 today (I just used the bigger loss)
It sucks to see red on the screen
But I expect to see it from time to time...
2.
Back in the day
Anytime I’d take a loss (in the market or life in general)
I’d want to punch a hole in the wall
I was PISSED!
I hated losing
I wanted to be #1 and would do anything to get there
Back in the day
Anytime I’d take a loss (in the market or life in general)
I’d want to punch a hole in the wall
I was PISSED!
I hated losing
I wanted to be #1 and would do anything to get there
3.
I’d get angry with
• Myself
• My friends
• My family
• The world
It was everyone else’s fault
It was never JT’s fault...
I’d get angry with
• Myself
• My friends
• My family
• The world
It was everyone else’s fault
It was never JT’s fault...
4.
So what changed?
I realized I wouldn’t improve myself until I took responsibility for my actions
I had to verbally tell myself that my failures were my fault
So what changed?
I realized I wouldn’t improve myself until I took responsibility for my actions
I had to verbally tell myself that my failures were my fault
5.
The next step was finding a way to channel my frustration
I did this in three ways in the exact same order
• Meditating
• Going out for walks
• Journaling
These three things worked the best for me
The next step was finding a way to channel my frustration
I did this in three ways in the exact same order
• Meditating
• Going out for walks
• Journaling
These three things worked the best for me
6.
Meditation is no mumbo jumbo
It works
I start every morning at 5:30am on the dot with meditation
This sets my mind on the right track for the day
It especially helps me during the trading day where everything could turn to sh*t at a moments notice
Meditation is no mumbo jumbo
It works
I start every morning at 5:30am on the dot with meditation
This sets my mind on the right track for the day
It especially helps me during the trading day where everything could turn to sh*t at a moments notice
7.
Going out for a walk allows me to get away from the screens
Just like meditation
It can set/reset my mind
It helps to get away from your desk and enjoy what nature has to offer
Going out for a walk allows me to get away from the screens
Just like meditation
It can set/reset my mind
It helps to get away from your desk and enjoy what nature has to offer
8.
I journal everyday without fail
In fact I have 2 journals
• One for life
• One for business
I get everything out
Good or bad
I will always analyze what went wrong and how I could improve going forward
I journal everyday without fail
In fact I have 2 journals
• One for life
• One for business
I get everything out
Good or bad
I will always analyze what went wrong and how I could improve going forward
9.
These three things allow me to find inner peace when the world is “breaking” down around me
Maintaining your mental capital should be your #1 priority
Without it you’ll find yourself blaming the world for your actions
These three things allow me to find inner peace when the world is “breaking” down around me
Maintaining your mental capital should be your #1 priority
Without it you’ll find yourself blaming the world for your actions
10.
Find what works best for you
It can be:
• Reading
• Working out
• Being with family
• Spending time alone
• Asking others for help
• Getting away from your phone
Find what works best for you
It can be:
• Reading
• Working out
• Being with family
• Spending time alone
• Asking others for help
• Getting away from your phone
11.
Learn to turn your losses into wins
Don’t let those losses break you down
Nothing good will come from that
No loss will ever be a failure as long as you take a learning lesson from it
Learn to turn your losses into wins
Don’t let those losses break you down
Nothing good will come from that
No loss will ever be a failure as long as you take a learning lesson from it