TechnoFund
عضو متميز
Confidence and fear are contrary states of mind that both stem from our belifes and attitudes.
To be confident, functioning in an enviroment where you can easily lose more than you inted to risk, requires absolute trust in your self
However, you won't be able to achieve that trust until you have trained your mind to override your natural inclination to think in ways
that are counterproductive to being a consistntly successful trader or investor. Learning how to analyze the market's behavior is simply
not the appropriate training. The solution lays into learning how to redefine your trading activities in such a way that you truly accept the
risk, and you're no longer afraid. ًActually, when you achieved a state of mind where you truly accept the risk, you won't have the
potential to define and interpret market information in PAINFUL WAYS, you also eliminate the tendency to rationalize, hesitate, jump the
gun, hope that the market will give you money, or hope that the market will save you from your inability to cut your losses. So, what is
the solution? you will need to learn how to adjust your attitudes and beliefs about trading in such a way that you can trade without the
slightest bit of fear, but at the same time keep a framework in place the doesn't allow you to become reckless.
________________________________
Hope this paragraph taken from a book I currently read will help you unterstand your trading behavior in such enviroment. I'll add to this
paragraph what i feel important as I cover the book.
Wish you all Great trading
To be confident, functioning in an enviroment where you can easily lose more than you inted to risk, requires absolute trust in your self
However, you won't be able to achieve that trust until you have trained your mind to override your natural inclination to think in ways
that are counterproductive to being a consistntly successful trader or investor. Learning how to analyze the market's behavior is simply
not the appropriate training. The solution lays into learning how to redefine your trading activities in such a way that you truly accept the
risk, and you're no longer afraid. ًActually, when you achieved a state of mind where you truly accept the risk, you won't have the
potential to define and interpret market information in PAINFUL WAYS, you also eliminate the tendency to rationalize, hesitate, jump the
gun, hope that the market will give you money, or hope that the market will save you from your inability to cut your losses. So, what is
the solution? you will need to learn how to adjust your attitudes and beliefs about trading in such a way that you can trade without the
slightest bit of fear, but at the same time keep a framework in place the doesn't allow you to become reckless.
________________________________
Hope this paragraph taken from a book I currently read will help you unterstand your trading behavior in such enviroment. I'll add to this
paragraph what i feel important as I cover the book.
Wish you all Great trading