The feedback I received was decidedly positive that Man I stink! was very helpful for traders. It placed in context the challenge many face to become consistently profitable traders. The new trader wants so badly to be a successful trader. Most have succeeded at most things in their life prior. They expect success quickly. And it does not work like that. It is very helpful for the newb to learn that it does not work like this even for those at a firm full of resources, education, mentoring, coaching, capital, technology and a deep bench of successful traders.
So I present Man I stink II.
During an email exchange with another developing trader, he wrote:
This trader stinks! too, early into his career.
Frustration can be a positive catalyst for the developing trader. I have seen the best traders use it as fuel to improve. The feeling of frustration is turned into fuel to propel think sessions of how never to trade as poorly as they have. What does the trader need to change? What does the trader need to do better? What did the trader miss? What trades should the trader focus to manifest better results? Simply there is an emergency think session of all the things the trader needs to do so they do not feel this miserably frustrated again.
The miserably frustrated trader is good. It sparks improvement, when used constructively.
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Living frugally for your trading career
*no relevant position
