Over at Forex Project, a trader by the name of Bill has posted a Trader’s Prayer. To summarise, the prayer asks the Lord to grant him (or her) WISDOM, SELF-DISCIPLINE, PATIENCE, COMMON SENSE, INITIATIVE, EMOTIONAL BALANCE, HUMILITY, DEDICATION, COMMITMENT, UNDERSTANDING, and GOOD SENSE.
My trader’s prayer will be known by many:
God, grant me the serenity to accept the things I cannot change;
courage to change the things I can; and
the wisdom to know the difference.
Living one day at a time;
enjoying one moment at a time;
accepting hardship as the pathway to peace.
According to Wikipedia, the prayer is used widely in Alcoholics Anonymous groups, and in other 12-step programmes. It hits home as I attribute a large portion of my losses to a possible gambling addiction. Also, the first portion of the prayer can also be directly related to the probabilistic nature of the markets, to the notion that even after you have researched a trade and are as sure as you possibly can be that the price should follow a particular path, very little in the markets can be predetermined with certainty.