What makes the difference between a winning trader and a losing trader? More knowledge, more money, a better computer? No, it is simply the ability to take action. The markets leave clues, we study and analyse those clues and then act based on what we have determined to be reliable indicators of future price action. Not acting simply means you are not in the game. For some reason, you believe that not taking a trade will be less painful than taking the trade.

If you want to be a trader, you must actively trade, you must leverage yourself to believe with all your heart that not taking a trade (one you have watched develop and that meets your criteria for risk) will cause you far more pain than taking the trade and perhaps seeing it become a loser. Sitting and watching another winning trade pass you by is more frustrating than a loss. So how do you leverage yourself? How do you change from fearing to take a trade, to fearing not to trade?

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