Fear
Is it weird to say I’m scared of scaring myself? Because it’s true.
If there’s one thing that keeps me up at night, it is the fear that I’m going to do something that will scare me accidentally. Am I crazy? (maybe…)
Now, our upcoming Asia trip is nothing like trading. The things one might be fearful about while traveling internationally do not equate easily with the fear of suffering a financial loss. But the mental training we practice each and every day we interact with the markets prepares us with the right mental framework for facing all kinds of uncertainty in life.
I won’t say we become immune to fear, that would be a lie. But with enough practice, we learn to notice the signs when fear is creeping up in the back of our heads and we take proactive steps to mitigate the perceived risk. And we hone our ability to graciously accept and be at peace with the outcome.
Imagine if any time you became fearful, you instead met the feeling with acceptance. How might your outcomes be different?
Give it a try. I will be.
Trade 'em Well,
Sean McLaughlin
Chief Options Strategist
All Star Charts, Technical Analysis Research