Seeing the elections last evening especially here in California, it reminded me of the fact that no matter how we may protest, change always takes place only when we are ready for it. Many years ago I was advised about the actualization of change and I am continually amazed at how true it is.
Besides the timing it takes preparation, but first it is realization that it's needed. So, truth be known, change takes place in an instance, but the realization for its need and the preparation or acceptance of it can take a lifetime. That is why we take so long about changing our habits. It's not the change its realization and acceptance that you need to focus on.
When in a bad trading habit, (such as: not quitting when goal is met, not placing stops, not taking profits, to name a few) do not kick yourself for not changing when you realize it after the fact, but kick yourself for not accepting that change is needed. Once you do that, the rest is easy and if you don't believe me, pay attention to the timing for let's say .. 40 years enough? You think that's too long? Think about your habits that you are still carrying around since......?
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