Uncertain Days, Consistent Discipline
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I recently came across a request from a fellow trader to restart MKLH. He mentioned that MKLH can be particularly helpful during "uncertain times." That phrase "uncertain times"caught my attention. If uncertain times exist, then certain times must exist too, right?
But the market isn’t a place of certainties. It’s a game of probabilities, not guarantees. What we often refer to as uncertain times usually means periods of high volatility or when the market moves counter to our natural bias—like a bearish phase for someone who’s typically bullish.
While most traders are aware of volatility and the various market phases, very few truly accept them, and even fewer adapt to them.
The reality is, anything can happen at any time—regardless of whether we label it a “certain” or “uncertain” period. A trade can fail for any number of reasons, and it's often not even worth overanalyzing why.
Every day in the market is uncertain. The only way to survive is by trading a system with positive expectancy, combined with proper position sizing and risk management. And then, repeating that process consistently.
Before trading any system, one must understand its worst-case scenario—how many consecutive losses it can endure—and ensure they're mentally and financially prepared to stick with it. Imagine hitting that losing streak right at the start. Could you keep going?
Position sizing, risk management, and repetition—that’s the real holy grail.
