The market is fascinating. Although you can spot patterns and make predictions accordingly, the immediate outcomes of these predictions aren’t always predictable.
Why is it so difficult to succeed as a trader?
Great question, right?
Let me start by eliminating one wrong answer commonly thought to be true: It’s because people can’t find a reliable trading system.
This can’t be true.
Emotional pain is one of the most common ways that our mind reacts to a loss, or a string of them.
Below is a list of common questions/ comments your mind makes when you lose, which often stir up or intensify unpleasant feelings.
Let’s say you enter a trade, and minutes later, your stop-loss is close to being triggered.
Of everything in existence, the human mind is definitely the most fascinating thing out there.
Being a good trader is about developing certain mental qualities. It is the process of constantly pushing yourself to grow better and stronger.
The death of certain illusions is often accompanied by a significant shift in how you approach trading. So here’s something that will hopefully help kill one of the most pervasive illusions out there.
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