Many traders seek consistency through the idea of mastering the markets. They consider them to be logical and therefore can be figured out. They believe with more knowledge of markets and how they operate, they will eventually make a consistent return. And so they continue searching in the markets for a reliable edge, or outside the market for a leader or guru to show them the way. They see their emotions as an enemy; something standing in their way of success, and so attempt to remove them completely; which is impossible. This idea, that the answer is out there somewhere, is a false belief. Most traders never stop to think that perhaps what they are seeking is already within themselves, right here. That all they actually need is to stop searching, and look within.


In order to succeed long term you must first understand your self and the relationship between yourself and the market. Your emotions, thoughts, and perception of the market, and how these relate to actions taken in the market place. If you do not believe these are directly connected with your actions and therefore performance, you will likely struggle to maintain a consistent performance. Rather than viewing your emotions as an enemy, learn to use them to your advantage. Learn to understand the circle or cycle between you and the market.
Beyond Technical AnalysisEDGEmentalityMINDmindsetpsychologytradertraders

Powiązane publikacje

Wyłączenie odpowiedzialności