<p>Hey traders. Happy Friday to everyone, I hope the Thanksgiving holiday treated you well & you enjoyed the day with those who matter most! Starting today and lasting through the weekend I’m opening up a Black Friday sale, 20% off all subscription plans. You can upgrade your role by clicking on the button below!</p><p class="button-wrapper"><a class="button primary" href="https://fathertimechronicles.substack.com/subscribe?coupon=3241b7b8&utm_content=152306774"><span>Get 20% off forever</span></a></p><p>One of my biggest shortcomings in trading that I struggled with for <em>years </em>was constant focus on the short term. Everything in the short term: where & when my next trade was going to be, how soon can I pay myself, what can I buy with my profits; all of those questions & thoughts were things that ran through my mind on a daily basis when I first began to find the smallest inkling of success.</p><p>What would happen next is predictable: my portfolio would suffer a significant drawdown, if not outright “blowing up” and I would have to dip back into my personal bank accounts to refund my trading portfolio. </p><p>This was a feedback loop that I remained in for years, and I never broke the negative feedback loop until I took a step back and finally accepted the fact that trading is truly a marathon, and I’m only competing against myself in this race. When I came to this realization, I was able to mentally slow down almost immediately. The flaws in my approach to everything came to the surface, and it was borderline embarrassing because of how irrational and immature I was.</p><p>While I do believe trading is a marathon, I don’t think it’s a race that has a finish line. It is a never ending journey, and as you progress through the marathon is becomes an easier race to run. This part became especially apparent to me when I stopped trying to enter a trade every single day. I forced myself to slow down, take a critical look at my system & approach to the market, and finally accepted the fact being a high frequency trader was never going to work out for me. From there I pivoted to my strengths, and quickly found swing trading and identifying reversals in trends & cycles. All things in their own time, right?</p><p>If you focus on your processes in trading, and only on the things that you can control: your entry, total risk, and your exit, it will pay positive dividends in your development sooner than you think. Did my immaturity and stubbornness in refusing to want to accept my limitations as a trader prolong my development, and taking my next step in my trading career? Absolutely. Yet, all things will occur in their own time.</p><p>The markets are not going anywhere. It is never to late to change, it is never too late to break out of a negative feedback loop you find yourself stuck in. If you must take a week or two, even a month off from trading, do what is best for you. As I said, this marathon is not going anywhere, but our limited trading capital can. You reaching your full potential as a trader will occur in its own time, but you can take meaningful steps towards positive growth starting immediately when you stop the negative feedback loop. </p><div class="subscription-widget-wrap-editor"><div class="subscription-widget show-subscribe"><div class="preamble"><p class="cta-caption">Father Time's Chronicles is a reader-supported publication. To receive new posts and support my work, consider becoming a free or paid subscriber.</p></div><form class="subscription-widget-subscribe"><input class="email-input" name="email" tabindex="-1" type="email" /><input class="button primary" type="submit" value="Subscribe" /><div class="fake-input-wrapper"><div class="fake-input"></div><div class="fake-button"></div></div></form></div></div>