Impatience is one of the most common forms of resistance to the practice of good trading.
In a way, it represents your mind’s attempts to hold on, to solve a problem where there is none, thereby creating one in that process.
We’ve all done it before… we have a plan, we come in the market well prepared, but then, we end up behaving in ways that are irrational and destructive.
It hurts! So, naturally, we resolve to behave differently in the future.
Sometimes a short story can teach much more than an entire book.
In today’s post, I want to start by sharing the story of a young martial arts student who was under the tutelage of a famous master.
Neuroscience is the scientific study of the nervous system (how it develops, its structure and activity), including the brain, the spinal cord, and the networks of nerve cells called “neurons,” and their influence on consciousness, behavior, and cognitive functions.
Think back to your childhood, when you were learning something new.
Whether you were learning to ride your bike or solve that Rubik’s cube you spent your time begging your parents to buy you, try to capture that feeling of first discovering the thing you loved so much.
As new traders begin their trading journey, they run up against four key problems.