3rd person Perspective: They wont tell you this!

Whats up Lazytraders ;),

today we`re gonna talk about something many people ignore. Its the way you literally view yourself while trading. How will you be able to make the right descisions?

The one and only way to make the right decisions is to put yourself in the 3rd perspective. Imagine you have to tell somebody standing behind you why you entered that trade. That person has to be you because there will be nobody so think about telling your 3rd person self why you made that decisions. You will experience that you often dont make the right decision because there is no legitimation behind it. Your analysis makes no sense and thats why you struggle.

You literally have to step out of yourself and analyze yourself. How you react to certain events. How you breath under stress. Do you sweat. Are you nervous? Are you hesitant?
That may be because your analysis has no ground und you trade based on your emotions. BUT if you step out of yourself you will recognize all of this. You will see where your weak links are and where you make mistakes. Because again you have to explain your decisions to someone else. Even if its yourself. This gives you an opportunity to get better and more objective. You will enter the stage of trading with peace of mind if you do it long enough. It takes a little bit of practise at first but it will be worth it.

Thats about it you guys I hope you have a great day! :)
See you next time ;)

• LAZYTRADES