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Now if our trader would decide to ask an enabling question like "What could I learn from this trade, so that this loss never happens again?" then the trader will begin focusing on an entirely different set of thoughts, and will no longer be as angry. Excellent traders consistently ask themselves questions that enable them to strengthen their virtues and to create a profitable trading methodology. |
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We have come full circle. Your success as a trader will be determined by the quality of your decisions. You will have to decide if you think there is any validity to what I have had to say. I suspect that you will be able to recognize the trutheven if it is something you don't want to hear. Trading is the most difficult profession there is, and once mastered it is also the easiest way to make money. Trading has the potential to create immense intellectual rewards, as well as the potential for immense psychological pain. |
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Every individual on this planet is on a journey toward individual (consciously or unconsciously) chosen goals. Those individuals who are able to control their mind by possessing faith that their virtues will triumph are the ones who succeed massively. Trading allows them to master fear, anxiety, anger, and resentment by exercising confidence, discipline, courage, intuition, and persistence. As their virtues continue to gain in strength, and their vices continue to weaken, they arrive at their goal of trading from a position of total integrity. |
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