From a very young age, we are ingrained with a powerful short-term reward system. We are taught to eat on day one and we get the reward of satisfying our hunger. This immediate gratification teaches us to always eat when we are hungry.

As we began with our education, we are rewarded when we do well in our exams and tests, by going up grade levels.

And as you get better with our grades, we soon realize that we get more approval from parents, teachers, and peers.

This gives us the reason to study very hard before we take an exam.  Because we get the assurance that we’ll receive a better grade from it. As we enter the job-market, a day’s work is rewarded with a monthly salary.

In many cases, an immediate commission is rewarded for each sale we make – or it is aggregated into a bonus at the end of the year.

How all off this reflects on trading?

Very small percentage of people makes a real income and success out of trading. (more…)