6 Proven Ways to Preserve Your Mental Edge
Master mental capital preservation
Our next webinar on the Key Differences Between 5- and 7-figure Traders will be on December 14th. If you wish to attend become a paid member and save your spot here.
The market doesn’t care about your emotions; it produces outcomes for your actions. As long as you keep executing your strategy, that’s what counts!
But, the reality is—you’re not a machine. Some days, there’s way more friction to executing the strategy than others:
Your mind’s foggy, and you’re not reading the market as clearly.
Your focus is drifting, and energy’s dropping.
You’re just not in a great emotional place.
All these challenges can skew your perception of the market. On your best days, you can read an upcandle for what it is. On friction days, though, it’s easy to start attaching emotional meaning to it—which adds extra risk.
Your emotional state affects your perception of risk. On days you’re low in capacity, you can become more risk averse than others.
Why does this matter?
You don’t want to base yourself on feelings to decide the size of your trades; but you want to use this awareness for flexibility of execution.
That’s where preserving mental capital comes in.
Just like preserving trading capital is about managing risk wisely. Preserving mental capital is the same, except the risk involved doesn’t come in a dollar sign but in mental energy.
In this read, we’ll dive into how you can come into each session at the best of your mental capicity and keep that edge throughout.