Litanies and Affirmations
(Of the Intraday Trader; Essential for Mental
Conditioning Before Each Open, Lest Trading Be Done in
Vain to the Detriment of Financial Liberation)
Litanies and Affirmations
Litany of Risk Management
My trading strategy has positive expected value,
Because I manage risk properly.
A single loss will not obliterate me:
Because I manage risk properly.
But I am not hesitant when it comes to exponential betting at the
perfect moment:
Because I manage risk properly.
Sizing up is not unbearably risky:
Because I manage risk properly.
But I will size down when in a losing streak:
Because I manage risk properly.
I am at peace with potential losses in each trade:
Because I manage risk properly.
The market is risky, but I do not fear risk:
Because I manage risk properly.
Litany of Serenity
When others are doubtful, I have a plan:
I am at peace.
When I am doubtful, I stick to my plan:
I am at peace.
When I see a good setup, I simply execute:
I am at peace.
When I execute, I do not hope:
I am at peace.
When I get filled, I assume that I am wrong until proven otherwise:
I am at peace.
When things turn bad after the fill, I do not panic:
I am at peace.
When I get stopped out, I do not revenge-trade, and simply look for
the next good setup:
I am at peace.
Trading is a marathon, not a sprint:
I am at peace,
Therefore,
May God grant me the Serenity to accept what cannot be
changed, the Courage to change what can be changed, and the
Wisdom to know one from the other.
Litany of Perseverance
When others are fearful, I am consistent:
I will persevere.
When I am fearful, I stick to my trading plan:
I will persevere.
When I am in a losing streak:
I will persevere.
Through the ups and the downs of trading,
I will persevere.
Litany of Consistent Profitability
When the markets are trending up:
I am consistently profitable.
When the markets are trending down:
I am consistently profitable.
When the markets are ranging sideways:
I am consistently profitable.
When my trading strategy has positive expected value,
I am consistently profitable.
Affirmations of the Trader
I am an intraday trader:
Because I find this style to be the most fitting for me.
I trade the US markets:
Because it offers much more opportunity to me as an intraday trader.
I will make One Good Trade at a time:
Because many small wins go a long way.
I will be decisive, and cut losses quickly:
Because I shall live to trade another day.
I will never remember my losses:
Lest they cause me to trade on tilt.
I will never trade on tilt:
Because trading on tilt affects my rational decision making.
Yet, I will never forget the lessons I learn from every loss:
Because I will never truly improve without such lessons.
I will never overtrade:
Because I shall preserve my capital for a high-probability trade.
I will always follow my trading plan:
Because without a plan, I am doomed to fail.
I will never rush into trades:
Because I am only ever making educated guesses about price action.
I will always analyze every situation independently and rationally:
Because every trade is unique.
I will build a solid foundation of small wins unto financial freedom:
Because trading is a marathon, not a sprint.
I will stay informed of and unbiased on the latest market conditions:
Because the market’s neutral information is powerful.
I will adapt to market conditions:
Because every market moment is unique.
Unwavering, I step into the great unknown that is the market:
May I never hasten, save for sizing up on the perfect setup alone.
On this Reformation journey, may I never forget the life-altering
lessons that I learn along the way, so that I might be financially free
forevermore. So help me God.