This Independence Day weekend, let's seek freedom from guilt.
As a trader, I carry around a lot of guilt.
Guilt for missing a huge winner.
Guilt for not getting out sooner.
Guilt for not holding long enough.
Guilt for using the wrong strategy.
Guilt for being late to a major turning point.
It’s a long list. And it’s heavy.
This guilt doesn’t just live in the rearview mirror. It follows me into the next trade. It clogs up my decision-making. It makes me hesitate when I should act. It whispers, “Don’t screw this one up too.”
Can you relate?
Lately, I’ve been working on something that I think might help: forgiveness.
Not the fluffy, wishy-washy kind. But real, honest, intentional forgiveness.
Forgiveness for not being perfect.
Forgiveness for being human.
Forgiveness for not catching every move.
Because here’s the thing — I can’t catch every trade. It’s impossible. Especially in a bull market like this one, where new setups are popping up everywhere. There will always be winners I miss. There will always be hindsight that makes me wince.
But carrying all that guilt? It doesn’t help.
If anything, it makes me worse.
If I can forgive myself more freely, I can move faster, think clearer, and trade better. I can respond to what the market is doing now, rather than react based on past pain.
And maybe… just maybe… I’ll enjoy this game a little more too.
So here’s to letting go of some weight.
Here’s to being a little more free.
Here’s to forgiveness.
Sean McLaughlin | Chief Options Strategist, All Star Charts