Struggling? Ask a different question.

It started with a question from a client “How can this be happening to me?” you can read the post here. Then I got a tweet from @bamatrader:

It made me think about some of the other questions that one might ask when they are struggling.

Why is the market rallying?

Why did I not see the market rallying?

Why do I have such bad luck?

Why am I depending on luck?

How am I going to make all this money back?

How is my next trade going to be a winner?

Who can trade when a chart looks like this?

Why am I trading?

How did I lose this much?

Why did I not recognize I was on the losing path?

What is happening to me?

How do I fix it?

via @benkotrader from comments

Why are THEY always out to get me?

What is MY edge in the markets regardless what they do?

Why does this always happen once I put on a trade?

Do I truly believe, or can I even quantify, that it always happens?

If you have any others leave a comment.

It would be a disservice to say that just by asking a different question you are going to automatically be healed.  I do think that looking at an obstacle a different way will help you to see a potential solution and keep you .

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  • Excellent post Eli.

    Two more suggestions:

    1. Replace “Why are THEY always out to get me? ” with “What is MY edge in the markets regardless what they do?”

    2. Replace “Why does this always happen once I put on a trade?” with “Do I truly believe, or can I even quantify, that it always happens?”

    (If the answer is “yes”, congratulations, you have a winning system, just do the opposite of what you’ve been doing so far. If it is “no” (which is much more likely), recognize that you are undermining yourself without a rational reason.

  • Excellent post Eli.

    Two more suggestions:

    1. Replace “Why are THEY always out to get me? ” with “What is MY edge in the markets regardless what they do?”

    2. Replace “Why does this always happen once I put on a trade?” with “Do I truly believe, or can I even quantify, that it always happens?”

    (If the answer is “yes”, congratulations, you have a winning system, just do the opposite of what you’ve been doing so far. If it is “no” (which is much more likely), recognize that you are undermining yourself without a rational reason.

  • Excellent post Eli.

    Two more suggestions:

    1. Replace “Why are THEY always out to get me? ” with “What is MY edge in the markets regardless what they do?”

    2. Replace “Why does this always happen once I put on a trade?” with “Do I truly believe, or can I even quantify, that it always happens?”

    (If the answer is “yes”, congratulations, you have a winning system, just do the opposite of what you’ve been doing so far. If it is “no” (which is much more likely), recognize that you are undermining yourself without a rational reason.

    • Eli Radke

      Thanks Benko, I added them. I am pretty sure I taught you the last question. ha ha.

  • Anonymous

    indeed, be accountable to thyself…the “market” can be a nasty place if we expect it to follow our rules rather than the other way around!

5 Responses to Struggling? Ask a different question.

  1. Benko says:

    Excellent post Eli.

    Two more suggestions:

    1. Replace “Why are THEY always out to get me? ” with “What is MY edge in the markets regardless what they do?”

    2. Replace “Why does this always happen once I put on a trade?” with “Do I truly believe, or can I even quantify, that it always happens?”

    (If the answer is “yes”, congratulations, you have a winning system, just do the opposite of what you’ve been doing so far. If it is “no” (which is much more likely), recognize that you are undermining yourself without a rational reason.

  2. Benko says:

    Excellent post Eli.

    Two more suggestions:

    1. Replace “Why are THEY always out to get me? ” with “What is MY edge in the markets regardless what they do?”

    2. Replace “Why does this always happen once I put on a trade?” with “Do I truly believe, or can I even quantify, that it always happens?”

    (If the answer is “yes”, congratulations, you have a winning system, just do the opposite of what you’ve been doing so far. If it is “no” (which is much more likely), recognize that you are undermining yourself without a rational reason.

  3. Benko says:

    Excellent post Eli.

    Two more suggestions:

    1. Replace “Why are THEY always out to get me? ” with “What is MY edge in the markets regardless what they do?”

    2. Replace “Why does this always happen once I put on a trade?” with “Do I truly believe, or can I even quantify, that it always happens?”

    (If the answer is “yes”, congratulations, you have a winning system, just do the opposite of what you’ve been doing so far. If it is “no” (which is much more likely), recognize that you are undermining yourself without a rational reason.

  4. Anonymous says:

    indeed, be accountable to thyself…the “market” can be a nasty place if we expect it to follow our rules rather than the other way around!

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