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4 Main Reasons Why Traders Fail

# They do not understand that the markets are a mirror of life on a chart. Markets are a living thing and reflect crowd behaviour and your own, view of the world. CAVEAT:  How you see yourself and the world is buried deeply in the subconscious part of your mind.

# Traders do to understand their own authentic personality hence they find it hard to settle on a trading style. Know yourself well, it makes THE difference between long term trading success or  failure.

# Traders fail to notice how they transfer the feelings and emotions of  the collective consciousness to their trading believing that their emotions and feelings are their own. Self awareness brings market knowledge, literally.

# Traders have subconscious mental blocks which they supress with superficial positive thinking and learned discipline. We all have blocks, to think that you are the one who has not is dangerous arrogance. Welcome to the experience of oneness!

Simple Things For Creating A Great Trade

Research is showing how powerful our mental context is in making risk decisions. But the thing is, most traders think mental context is about what they know – their insights, their indicators and their experience. In reality, it goes much further and deeper than that.

Recent experience that seems totally unrelated to trading counts. For example, if you work on a desk, then the adminis-trivia and in particular, its effect on your attitude will influence your trading. If your boss or colleague seemed to criticize – or compliment – you, it will influence your trading.

College students have been shown to walk slower after hearing the words gray hair, glasses, knee replacement. Interviewers have shown they can feel differently about a candidate depending on the temperature of the coffee cup they just held. Our unconscious sensory and information machine is working all of the time. It pays to make it an asset and not a liability. (more…)