For traders, our relationship to “the market” is similar to what Bill Murray’s character experiences in the film ‘Groundhog Day’. Deja vu… again and again.
Although the context varies day to day, if we have a defined Trading Plan, the setups are the same. The only relevant variable is us. Our attitudes, our opinions and our moods change constantly, so we see our setups differently or don’t see them at all.
Like Bill Murray’s character, our task as traders is to realize that trading is largely a mental-emotional training exercise that forces us to grow as individuals. If we don’t get the lessons, if we don’t change, our results will inevitably reflect that inner stuckness.