The first few years of trading usually are "Hit and Miss".
Every mistake you think you can avoid, you end up making. And usually more than once!
Sometimes, you will tell yourself you are just testing, while other times you wonder " How studid are you for what you just did!
For most, trading is a compulsive life changing endeavor, because you invest a huge amount of time and money …for what?
More time and more money!
Notice how in the beginning, you are giving up a lot of your existing time to learn and using a lot of money for educational resourses.
Today, I try to help average ordinary traders craft a
gameplan that allows them to CONNECT the missing
pieces in trading on a deep, psychological level...
while keeping it SIMPLE and SMART!
...and this comes from the intense pain that I
experienced just like most traders...who are true
"Die-Hard" fans of trading. Not financial pain, but that "gut wrenching",
darn-it...I am going to figure this stuff out,
one way or another...PAIN!
If you're a serious trader... then you know exactly
what I mean...because, you can't help but to
get the "trading bug".
-
Morning, Noon, Day or Night...you are thinking about
tweaks, your charts, the markets, your trades last
week.
Your trying to determine what "constraints" or "boundaries" are getting in your way! -
You have it so bad, you can't wait for the weekend
to be over so you can get back to what you LUV,
watching and trading the markets...first thing
Monday!
You get up in the middle of the night, while
everyone else is asleep, so you can really
look at your charts in "peace and quiet"! -
The summer is over, and not one day went by while
you were on vacation and you thought about what
your going to do as soon as you returned.
Where does this come from?
It's an addiction that evolves into this
all-consuming demand for you to change your life!
You want to satisfy the urge to have more...period!
Mentally, the trading addiction affects the way you think and feel, and how you begin to live your life. The constant thinking about trading non-stop starts to literally stunt your personal growth and the learning curve, and causes you to experience emotions of failure, self-worth and weakness.
Psychologically, traders often remain in denial of the fact that they have not mastered the basics, and will do just about anything to justify bad trades and behavior to themselves and others while under the influence of … one day "trading for a living".
Emotionally, trading makes you often become overly defensive. You constant keep trying to go down what you think is the right path...and you have no clue if it's going to work! So you end up being a skeptic, thinking that somehow you're going to lose your dream.
Trading creates an emotional demand in most that they can not resist the need to suppress their negative emotions and experiences. This is where the real learning takes place. When you are stretching yourself and it hurts!
Eventually, most traders are at a loss. They become desensitized to the NEED to learn to protect their trading capital first, and then learn to trade second, and eventually worry about making profits later!
The addiction to trading keeps most traders from becoming successful, because they ignore the basics and focus on instant gratification…more and more as the struggles magnify and continue.
Well, after years of this behavior and more, I learned
to transform my trading into extremely simple tactics
that 99% of the aspiring traders out there...
just NEVER learn...
You're just like me...you have the time, you have the
money, and you simply need to transform and change your mindset!
|
