Sam Evans

"The sooner we can accept that nobody out there really knows what the market is going to do next, the sooner we can relieve the pressure to be right. Ironically, it is the need to be right which often costs the novice trader dearly, as they typically do not follow any kind of plan, jumping into the market and changing the parameters of the playing field midway through, all in the quest to be right. Let go and accept that this is an impossibly futile effort from the very start. Trading is just like life. We live our lives day-to-day and never really know what is coming next. Sometimes unexpected good things happen, while other times something bad occurs right out of the blue. Often we live out our days according to routine and things mostly work out as expected, but we all know that surprises of some kind are always around the corner. This knowledge doesn’t stop us from living our lives though, does it? Trading my friends is no different to life at all – accept the risks, understand the rewards and just take each day as it comes.”