Trading on Target: How to Cultivate a Winner's State of Mind

CONCLUSION

Boredom is inevitable for traders who have been trained to think and to tinker until something is perfect when they find themselves locked into trading a system and following its rules. Tinkering with something that works typically produces a string of losses. For many traders, a good alternative to becoming an unhappy, bored monkey can be found in the process of redirecting the energy into something that uses it constructively. An even better solution is to create a new internal model that redefines your role, your goals, and your rewards. This new self-image allows a trader to feel good about following his rules, while allowing him to be challenged by adding an intuitive signal. The result is a happy monkey and a successful trader.

Paying the price in the beginning for what you need to be successful is less costly than paying it after you have failed.